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93 <br /> <br />A RESOLUTTON ACCEPTING THE BID TO PURCHASE CITY-OWNED PROP~TI~i; AU~qORtZING <br />THE CITY MANAGT~ TO CONVEY SAID PROPERT~ TO TAYLOR BROS. BUTLDERS, INC. <br /> <br /> WHEREAS, the City of Portsmouth advertised the sale of certain <br />hereinafter described City-owned property at public auction on the 19th <br />of August, 1977; and <br /> <br /> WHEREAS, Taylor Bros. Builders, Inc. %fas the last and highest <br />bidder at said auction for the amount of $7,100.00; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth deems such bid to be <br />a reasonable price for. the sale of said property. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Ports- <br />mouth, Virginia, that the bid of Taylor Bros. Builders, Inc. in the <br />amount of $7,100. OO for the purchase Of the hereinafter described City <br />property be accepted. <br /> <br /> BE IT ~3RTHER RESOLVED that the City ~knnager be, ~nd he hereby is, <br />authorized to convey the foll~ing described property to Taylor Bros. <br />Builders, Inc.: <br /> <br /> Ail that certain lot, piece or parcel of land, with the <br />buildings and improvements thereon, and the appurtenances <br />thereunto belonging, situate, lying and t~-/ng in the City of <br />Portsmouth, Virginia, known and designated as "Well Site" on <br />that certain plat entitled, "Edgefield, Section 7" recorded in <br />the Clerk's Office of the Circuit Court of the City of Ches- <br />apeake, Virginia, in Map Book 43, page 67. <br /> <br /> ~E IT FURTHER RESOLVED that the City Manager be, and he hereby is, <br />authorized to complete all transactions and execute all documents incident <br />to such conveyance. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, at a <br />meeting held September 13, 1977. <br /> <br />City Clerk <br /> <br /> <br />