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47 <br /> <br />A RESOLUTION TO PROVIDE FOR THE ACQUISITION OF CERTAIN <br />PROPERTY OWNED BY LEONDIOS C. LOIZOU AND HELEN G. LOIZOU UNDER <br />EMINENT DOMAIN PROCEEDINGS PURSUANT TO THE CHARTER OF THE CITY <br />OF PORTSMOUTH, SAID PROPERTY BEING NECESSARY TO WIDEN HIGH <br />STREET IN THE HIGH STREET WIDENING HALIFAX AVENUE TO HARTFORD <br />STREET PROJECT. <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia, <br />has determined it to be in the public interest to widen High <br />Street in the High Street Widening Halifax Avenue to Hartford <br />Street Project; and <br /> <br /> WHEREAS, the City has not been able to purchase the <br />property described herein, necessary to the project, because <br />the owners thereof and the City have not been able to agree <br />upon the price to be paid therefore; and <br /> <br /> WHEREAS, the advancement of the work and the use of said <br />property will be unreasonably delayed if said property is not <br />made available for the pro3ect as soon as possible. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia: <br /> <br /> That the City Attorney be, and he hereby is, directed to <br />institute Eminent Domain proceedings against the <br />hereinafter-described property situate in the City of <br />Portsmouth, Virginia, for the purpose of acquiring fee simple <br />title thereto pursuant to Sections 2.06, 2.07, and 2.08 of the <br />Code, and to deposit to the credit of the Clerk of the Circuit <br />Court of the City of Portsmouth as provided by law the sum <br />hereinafter specified to compensate the owners of the property <br />designated and shown as "Plat showing parcel owned by Leondios <br />C. & Helen G. Loizou to be Acquired by City of Portsmouth, <br />Virginia, High Stre~t~ Improvements - R/W acquisition," made by <br />Hassetl & Folkes, P.C., Engineers, Surveyors & Planners, dated <br />March 22, 1989, a copy of which plat is attached hereto and <br />made a part hereof. <br /> <br /> The names of the property owners are Leond±os C. Loizou <br />and Helen G. Loizou. <br /> <br /> The amount to be deposited to the credit of the Clerk of <br />the Circuit Court of the City of Portsmouth is $2,500.00. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held May 26, 1992. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />