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2 <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO RELEASE TO <br />THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF <br />PORTSMOUTH CERTAIN DRAINAGE EASEMENTS LOCATED IN THE <br />BEECHDALE COMMERCE PARK. <br /> <br /> WHEREAS, the Industrial Development Authority of <br />the City of Portsmouth has assembled certain property on <br />Victory Boulevard and Gust Lane for development <br />purposes; and <br /> <br /> WHEREAS, certain existing drainage easements are <br />located on said property, the location of which is <br />detrimental to the development potential of the <br />property; and <br /> <br /> WHEREAS, said drainage easements are no longer <br />required for publi~ utility purposes. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Counc'il of <br />the City of Portsmouth, Virginia, that the City Manager <br />be, and hereby is, authorized to release to the <br />Industrial Development Authority of the City of <br />Portsmouth certain drainage easements located in the <br />Beechdale Commerce Park, more particularly described as <br />follows: <br /> <br /> Ail that certain drainage easement designated <br />as "existing 30' drainage easement, Map Book 3, <br />Page 129 and Map Book 26, Page 89" extending <br />across parcels E, F and G as shown on that <br />certain plat entitled "subdivision of property <br />owned by the Industrial Development Authority <br />of the City of Portsmouth, Virginia, known as <br />Beechdale Commerce Pari'k"?dated June 11, 1984, <br />a copy of which is attached hereto. <br /> <br /> Be it further resolved that the City Manager <br />be, and hereby is, authorized to sign such <br />deeds and other documents as may be necessary <br />to complete this transaction. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meetin~ held January 13, 1987. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />