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<br />
<br />A RESOLUTION OF THE COUNCIL OF THE CITY OF PORTSMOUTH,
<br />VIRGINIA, AMENDING THE ARTICLES OF INCORPORATION OF THE SPORTS
<br />AUTHORITY OF HAMPTON ROADS, VIRGINIA.
<br />
<br /> WHEREAS, by concurring resolutions adopted by the Councils
<br />of the Cities of Hampton, Newport News, Portsmouth, Norfolk,
<br />Virginia Beach, Chesapeake and Suffolk, Virginia, and the Board
<br />of Supervisors of Isle of Wight County, Virginia (collectively
<br />the "Participating Political Subdivisions"), The Sports
<br />Authority of Hampton Roads, Virginia, (the "Authority") was
<br />created pursuant to the Public Recreational Facilities
<br />Authorities Act, Chapter 29, Title 15.1-1271, et seq. (the
<br />"Act"); and
<br />
<br /> WHEREAS, the Participating Political Subdivisions desire,
<br />by adoption of concurring resolutions, to amend the Articles of
<br />Incorporation of the Authority to reflect the current principal
<br />office of the Authority and to modify the purposes of the
<br />Authority to include undertaking multiple projects as
<br />hereinafter set forth;
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
<br />OF PORTSMOUTH, VIRGINIA:
<br />
<br /> 1. Paragraph 1 of the Articles of Incorporation of the
<br />Authority is hereby amended to read as follows:
<br />
<br />The name of the authority is THE SPORTS
<br />AUTHORITY OF HAMPTON ROADS, VIRGINIA, and the
<br />address of its principal office is The Regional
<br />Building, 723 Woodlake Drive, Chesapeake,
<br />Virginia 23320, or such other place as the
<br />Commissioners of the Authority shall establish,
<br />from time to time, by written notice to each
<br />member of the Commission and to the Clerk of the
<br />governing body of each Participating Political
<br />Subdivision."
<br />
<br /> 2. Paragraph 5 of the Articles of Incorporation of the
<br />Authority is hereby amended to read as follows:
<br />
<br />The Sports Authority of Hampton Roads, Virginia,
<br />is created for the acquisition, construction,
<br />equipping, financing, maintaining and /or
<br />operating of one or more "projects" as defined in
<br />the Public Recreational Facilities Authorities
<br />Act, Chapter 29, Title 15.1, Code of Virginia of
<br />1950, as amended (Section 15.1-1271, et seq.),
<br />as the members of the Commission of the
<br />Authority may, from time to time, by resolution,
<br />undertake."
<br />
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