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78 A RESOLUTION EXTENDING THE CITY MANAGER'S AUTHORIZATION TO CONVEY CITY-OWNED PROPERTY AT CRAWFORD PAR~qAY ~D WASHINGTON STREET TO THE PORTSMOUTH REDEVELOPMENT AND HOUSING AUTHORITY. WHEREAS, the Council of the City of Portsmouth, Virginia, adopted a resolution at a meeting held August 26,.1980, author- izing the City Manager to convey a certain parcel of property located at or near the intersection of Crawford Parkway and Washington Street to the Portsmouth Redevelopment and Housing Authority; and WHEHEAS, the terms of such authorization was that within thirty (30) days from the date of the adoption of said reso- lution, the Portsmouth Redevelopment and Housing Authority would present to the City Manager a contract for the purchase of said property by a developer for the stated assessed value of the property of One Hundred Twenty-four Thousand, Six Hundred Forty Dollars ~124,640.); and WHEREAS, the City Manager was authorized to permit access to said property prior'to the transfer of title thereof for the purpose of soil borings and testing to be completed by the perspective developer; and WHEREAS, the soil borings and testing will not be completed within said thirty (30) day period. NOW, THER~FORE~ BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that the authorization to convey city- owned property at Crawford Parkway and Washington Street to the Portsuuouth RedeVelopment and Housing Authority granted the City Manager by a'Resolution adooted by the Council of the City of Portsmouth,'Virglnia, at a meeting held August 26, 1980, be extended for a period of sixty (60) days from the date of the adoption hereof. Adopted by the Council of the City of Portsmouth, Virginia, at a meeting held Septen~ber 23, 1980. Teste: City Clerk