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A RESOLUTION ENDORSING THE CITY OF PORTSMOUTH'S APPLICATION <br />UNDER THE INTER-MODAL SURFACE TRANSPORTATION EFFICIENCY ACT FOR <br />A PROGRAM GRANT FOR THE RE-ESTABLISHMENT AND DEVELOPMENT OF THE <br />HISTORIC FERRY LANDING AND STATION AT THE FOOT OF HIGH STREET. <br /> <br /> WHEREAS, the Inter-Modal Surface Transportation <br />Efficiency Act provides funds to states for various projects, <br />and that "Vision 2005" identified the re-establishment of the <br />Historic Ferry Landing and Station as a priority element of the <br />plan to revitalize Portsmouth; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia, <br />desires to increase tourism by participating in such a program; <br />and <br /> <br /> WHEREAS, the total amount requested for the grant is One <br />Million Dollars ($1,000,000.00), with a twenty (20%) percent <br />cash match required of the City should the grant be awarded to <br />the City. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia, that an application be made to <br />establish a program to help fund the re-establishment and <br />development of the Historic Ferry Landing and Station at the <br />foot of High Street. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held on January 24, 1995. <br /> <br /> Teste: <br /> <br /> <br /> City Clerk <br /> <br /> <br />