Laserfiche WebLink
Commission and to support the Peninsula and Tidewater Transportation District <br />Commissions entering into a Definitive Agreement and other necessary agreements, <br />including a Cost Allocation Agreement which specifies, among other things, the annual <br />maximum obligations of any Component Government for payments to meet the expenses <br />and obligations of the Hampton Roads Transportation District Commission; and <br /> <br /> WHEREAS, the City of Virginia Beach has made detailed recommendations <br />regarding the merger, and these recommendations have been accepted (with one <br />amendment) by both the Peninsula and the Tidewater Transportation District <br />Commissions, and these recommendations, as appropriate will be incorporated into the <br />draft Definitive Agreement; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia desires to become a <br />Component Government of the new Hampton Roads Transportation District <br />Commission. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of <br />Portsmouth, Virginia, that the City Manager be, and he hereby is, authorized to execute <br />on behalf of the City of Portsmouth, Virginia, the Definitive Agreement, as amended. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia at a meeting held on <br />March 23, 1999. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />