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142 <br /> MINUTES OF REGULAR MEETING OF LEESBURG TOWN COUNCIL, JULY 26, 1978. <br /> A regular meeting of the Leesburg Town Council was held in the <br /> Council Chambers, 10 West Loudoun Street, Leesburg, Virginia, on <br /> July 26, 1978 at 7 : 30 P.M. The meeting was called to order by the <br /> Mayor,' with. the invocation being given by Mr. -Tolbert, and followed <br /> with -the Salute to the Flag. Present were: Mayor Kenneth B. Rollins , <br /> Councilmembers' Stanley D. Herrell, Jr. , Marylou Hill; and John W. Tol- <br /> - bert, Jr.; also .Town' Manager John Niccolls, ' Assistant Manager. Jeffrey <br /> H. Minor and Town Attorney George M. Martin. Absent • from' the meeting <br /> were Councilmembers Glen P. Cole and G. Dewey Hill , Jr. <br /> The minutes of regular meetings of June 14, 1978, June 28, 1978 <br /> and July 12, 1978 were approved as written. • <br /> • <br /> Public Hearing on amendment to Town Code re business license for <br /> coin-operated amusement machines. <br /> The proposed amendment was read by the Clerk. Mr. Niccolls ex- <br /> plained that an amendment to the State Code was adopted last year <br /> which changes the authority of;:the Town to Levy a license tax on <br /> coin-operated machine businesses. We previously had a per machine <br /> fee. The State Code provides that this is unlawful. This provides <br /> for a $200 annual license tax for each business , plus 0. 1% of the <br /> gross receipts. Basically, it is mandated by State law, but will <br /> have no serious impact on revenues because we have no large coin- <br /> operated amusement' machine businesses located in Leesburg. We <br /> already tax machines that dispense retail' goads. There was no-one <br /> to speak concerning this proposed amendment; nor did _the Council mem- <br /> bers have any questions or comments. The, Mayor referred this proposed <br /> amendment to the Finance and Administration Committee for consideration <br /> at the next session. <br /> MANAGER' S REPORT: <br /> Mr. Niccolls elaborated on several items contained in the Ac- <br /> tivity Report. just distributed tonight. He also called attention to <br /> tie cash balance sheet from the Director of Finance. Most of this <br /> money is invested in interest bearing securities - we try to keep a <br /> maximum of $10, 000 in demand deposits. This is a significant change <br /> in that greater interest earnings have accrued since we have reduced <br /> the working capital . This gives an indication of our liquidity at <br /> this moment. Mayor Rollins asked if Mr. Niccolls has talked with the <br /> Highway Department about the Route 7 east median strip. Mr. Niccolls <br /> said he has found four (4) locations that can be used for landscap- <br /> ing without any adjustment in the plans. He does not anticipate much <br /> of a problem because he doesn' t see that it will have any effect on <br /> the geometrics of the design. He expects to have a report on this <br /> for the Public Works meeting. <br /> MAYOR' S REPORT: <br /> Mayor Rollins exhibited drawings of a parking garage done by Mr. <br /> Dick Richards and suggested that the press might want to write an <br /> editorial as to whether or not it would be a good idea. He felt• <br /> this is something they should consider when considering the overall <br /> parking situation. One of these designs shows future expanded Town <br /> Offices along Market Street and the parking garage behind it. He <br /> does not feel that the Town can afford to give up this land and have <br /> no place to expand its public facilities 10 or 15 years from now. <br /> He has talked with two or three people interested in constructing <br /> such a garage and has suggested that they make a proposal to the <br /> Council. Mr. Niccolls said Mr. Forbes is compiling some tangible <br /> information from several other municipalities in the area that have <br /> been through a parking development - Winchester, Annapolis, Char- <br /> lottesville and one other one. <br /> Mayor Rollins asked what is being done at the Phillips-Nickels <br /> Well at this time. Mr. Niccolls said so far as he knows they are <br /> still test pumping. He will have this information on Friday. <br /> • <br /> Mayor Rollins said he will delay his appointments to the Board' of <br /> Architectural Review until the next meeting. Several people have ex- <br /> pressed an interest in serving on this Board. <br />