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R-00-54 <br /> <br />A RESOLUTION ADOPTING A LOCAL BUSINESS AND EMPLOYMENT <br />PLAN FORTHE CITY OF PORTSMOUTH FOR THE HIGHLAND BILTMORE <br />COMMUNITY IMPROVEMENT GRANT PROJECT. <br /> <br /> WHEREAS, the U. S. Department of Housing and Urban Development, through <br />the Virginia Department of Housing and Community Development, has made available <br />Community Improvement Grant funds to aid localities in recovery efforts associated with <br />Hurricane Bonnie; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia, has previously <br />taken necessary steps to apply for these funds; and <br /> <br /> WHEREAS, the funding is intended to be used for Highland Biltmore <br />Improvements, which will consist of drainage improvements in this low and moderate <br />income neighborhood; and <br /> <br /> WHEREAS, regulations for this grant require that the City of Portsmouth have <br />an adopted Local Business and Employment Plan in order to qualify m receive <br />Community Improvement Grant funds. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of <br />Portsmouth, Virginia, that the Local Business and Employment Plan for the Highland <br />Biltmore Community Improvement Grant project dated October 2000, be approved. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia at a meeting held on <br />October 10. 2000 <br /> <br />Tesm: <br /> <br />City Clerk <br /> <br /> <br />