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1 <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN <br />AGREEMENT WITH THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE <br />CITY OF PORTSMOUTH WHICH WILL PROVIDE FOR THE TRANSFER OF <br />PORTIONS OF THE ABANDONED CSX RAILROAD RIGHT-OF-WAY TO <br />MARYVIEW HOSPITAL. <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia, <br />did authorize the City Manager to enter into an agreement with <br />Maryview Hospital and the Industrial Development Authority of <br />the City of Portsmouth for an exchange of properties at its <br />meeting held on June 25, 1991; and <br /> <br /> WHEREAS, the negotiations regarding such agreement <br />provide that the City of Portsmouth convey to Maryview <br />Hospital portions of the abandoned CSX Railroad right-of-way <br />adjacent to Maryview Hospital; and <br /> <br /> WHEREAS, it is necessary that the City Manager have the <br />authority to convey portions of the CSX Railroad right-of-way <br />to Maryview Hospital through the Industrial Development <br />Authority of the City of Portsmouth prior to the execution of <br />any agreement between the City of Portsmouth, Maryview <br />Hospital and the Industrial Development Authority of the City <br />of Portsmouth. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia, that the City Manager be, and he is <br />hereby authorized to convey to the Industrial Development <br />Authority of the City of Portsmouth, Virginia, that parcel of <br />land shown as Figure 2 on that certain plat entitled "Plat <br />Showing Property to be conveyed to Maryvlew Hospital, <br />Portsmouth, Virginia," dated May 1, 1990, made by Hassell & <br />Folkes, P.Co Engineers, Surveyors, and Planners, Chesapeake, <br />Virginia, and that parcel shown on a plat entitled "Plat <br />Showing Portion of former Seaboard Coastline Railroad <br />Right-of-Way to be conveyed to Maryview Hospital, Portsmouth, <br />Virginia," dated October 26, 1990; these parcels to be <br />conveyed to the Industrial Development Authority of the City <br />of Portsmouth, Virginia pursuant to the authorized agreement <br />referenced herein. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held January 12, 1993. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />