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100 <br /> <br />-~ RESOt33TTON.AUTHORIZING THE CITY MAI~.t~9~t TO CfIvA~!T $690,000.. AND TO <br />A~ THR. O~'~ OF SALE OF THE U. S; OOAST GUD~D BUOY BASE, PORTSFKNYtii, <br />VIRGIRILA, -MADE BY THE-U. ~S. GENERAL SERVICES ADMINISTRATION; AUTHOt~ZtNG <br />THE. CITY MANAti~R TO SIGN AND THE CITY CLFRK TO A2'I~ CXN BESLmiF OF ~ <br />CITY OF PORTSMOUTH THE NECESSARY LE/iAL PAPERS TO PURCHASE SL~H U. S. <br />COAST BUOY BASE. <br /> <br /> WHEREAS, the U. S. Coast Guard Buoy Base, Portsmouth, Virginia, has <br />been de~ by the U. S. General Services Administratic~ to be <br />surplus property; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth wishes to purchase <br />snch Buoy Base for industrial purposes mn an effort to increase the Ciby <br />of Portsmouth's tax base; and <br /> <br /> W~E~EAS, the U. S. General services Admirnistration has offered to <br />sell such U. S. Coast Guard Buoy Base to the City of Portsmouth for Six <br />Hundred Ninety Thousand and 00/100 ($690,000.) Doll~rs. <br /> <br /> NOW, RI~EREFORE, BE IT RESOLVED by the Council of the City of Ports- <br />mouth, Virginia, that the City Manager is authorized to c~m~it Six <br />Hundred Ninety and 00/100 ($690,000) Dollars and to accept t/ae offer of <br />sale of the U. S. Coast Guard Buoy Base, Portsmouth, Virginia, made by <br />the U. S. General ~ Services Administration. <br /> <br /> BE IT FURTHER RESOLVED that the City Managef~'~is authorized to sign <br />and the City Clerk to attest on behalf of the City of Portsmouth, alt <br />necessary legal papers to purchase the U. S. Coast Guard ~ Base, <br />Portsmouth, Virginia. <br /> <br /> Adopted by the Council of the City of Portsmouth~ virg~.nia, at 'a <br />meeting held October 11, 1977. <br /> <br />City Clerk <br /> <br /> <br />