HomeMy Public PortalAbout1991_07_09_R150The Town of
Leesburg,
.rgtma
RESOLUTION NO.
A RESOLUTION:
PRESENTED July 9, 1991
91-150 ADOPTED July 9, 1991
SETTING A PUBLIC HEARING FOR THE AMENDMENT OF ORDINANCE NO.
88-0-35 AMENDING THE USE OF BOND PROCEEDS OF SERIES 1987 AND
1988 BONDS
WHEREAS, on October 25, 1988, the Town Council of the Town of Leesburg adopted Ordh, mnce
No. 88-0-35 which allocated the use of bond proceeds from the town's Series 1987 and 1988 bond k~sues;
and
WHEREAS, one of the projects earmarked for use of these bond proceeds was the purchase of
Dodona Manor; and
WHEREAS, since the purchase of Dodona Manor will not now require the use of these bond
proceeds, and
WHEREAS, the Council has decided to use the bond proceeds previously allocated for Dodona
Manor for other capital projects; and
WHEREAS, in order to rea~ocate these funds Ordinance No. 88-0-35 must be amended; and
WHEREAS, before Ordinance No. 88-0-35 can be amended a public hearing on the proposed
amendment must first be held: ~
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virgh~ that a public
hearing ~ be held on August 13, 1991, at 7:30 P.M., in the Town Council Chambers for the purpose
of discussing the amendment of Ordinance No. 88-0-35 amending the use of proceeds from the town's
Series 1987 and 1988 bonds.
PASSED this 9th
day of July.
Robert E. Sevil~ Mayor
Town of Leesburg
ATTEST:
Clerk of Cotmeil
R:Amend-Ord