1981 Resolutions - Laserfiche WebLink

Home Browse Search

regards to proposals of development of said property in- cluding, but not limited to, revenue to be derived by the City of Portsmouth and the submission for review and approval by this governing body of a site plan of the proposed develop- ment to include the plan for rail access, and to define the actual property to be acquired by the Virginia Port Authority and to define such other development criteria as would normally be required of a private developer by the City Code. 3. That the Portsmouth d~legation to the General Assembly of Virginia be, and they hereby are, requested to offer amendments to the legislation proposed by the Governor of Virginia in regards to development of said property as a coal exporting facility to provide: (a) That %he City of Portsmouth rece!ve as revenue from the Virginia Port Authority full tax equivalency including real property tax, personal property tar and/or machinery and tool tax as would be applicable if said deve!o~- ment were privately owned and operated~ (b) That the Virginia Port Authority be required to submit for approval by the governing body of the City of Portsmouth a site plan of the proposed development designating such aspects of the development as would, be required on a similar site plan according to'the requirements of the Code of the City of Portsmouth if the property were privately owned, including in addition a plan for the orderl~ and satisfactory development of rail access to the subject property in accordance with the traffic control requirements and environmental quality of life of the City of Portsmouth. (c) That the Virginia Port Authority be limited in the amount of land, including waterfront access, to be acquired to only that acreage which is specifically required for the location and operation of the coal exporting facility having an annual capacity not to exceed twenty million tons. (d) That the Governor of Virginia assure the General Assembly that all potential sites for such facility in Hampton Roads and all possibilities for such facility to be developed by private enterprise have been thoroughly investigated before a decision is made to proceed with a public facility; that the Governor further assure the General Assembly that the proposed development is financially viable and that the ultimate long term requirement of construction of additional coal exporting capacity in Virqinia is necessary.