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R-00-27 <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE <br />AGREEMENI WITH PORTSMOUTH REDEVELOPMENT AND HOUSING <br />AUTHORITY FOR PROPERTY LOCATED AT 3500 CLIFFORD STREET. <br /> <br /> BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that the City <br />Manager be, and he hereby is, authorized to enter into a lease with Portsmouth Redevelopment <br />and Housing Authority for property located at 3500 Clifford Street, by which agreement the City <br />of Portsmouth will lease said property for a period of five (5) years, subject to appropriation of <br />Council, said lease to provide that upon expiration of the term of the lease, Portsmouth <br />Redevelopment and Housing Authority will convey fee simple title to the City of Portsmouth. <br /> <br /> ADOPTED at a meeting of the Council of the City of Portsmouth, Virginia held on May <br />9, 2000. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />