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5O <br /> <br />A RESOLUTION AUTHORIZING THE CiTY ~NAGER TO ADVERTISE AND RE- <br />CEIVE BIDS FOR THE SALE OR EXC}~NGE OF CITY-OWNED PROPERTY ON <br />PRINCETON ROAD, S ~ <br /> UF~OLK, VIRGINIA. <br /> <br /> WHEREAS, the City of Portsmouth, Public <br />partment, owns certain hereinafter described real <br />the City of Suffolk; and <br /> <br />Utilities De- <br />property in <br /> <br /> WHEREAS, the Public Utilities Department has deter- <br />mined that said property is no longer needed and the same is <br />hereby declared to be surplus. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the <br />City of Portsmouth, Virginia, that the City Manager be, and he <br />hereby is, authorized to advertise and receive bids for the <br />following described property on such terms and subject to such <br />minim~ bid restrictions as he may deem proper. <br /> <br /> All that certain piece or parcel of land, <br /> situate, lying and being in the City of Suf- <br /> folk, Virginia, bounded and described as fol~ <br /> lows: <br /> <br /> Beginning at a point on the West side of <br />Prince=on Road, said point being the point <br />at vzhich the line dividing the property own- <br />ed by. the City of Portsmouth and the property <br />now or formerly owned by M. R. Welch inter- <br />sects the West boundary of Princeton Road; <br />thence North 72~27,05,, West 27.32 feet to <br />the TRUE POINT OF BEGINNING; thence from~said <br />True Point of Beginning South 36o48,41" Wesu <br />21.18 feet to a point~ thence North 72027,05'' <br />West 52.68 feet to a point; thence North 17° <br />49'20" East 20.0 feeu to a point; thence South <br />72027'05'' East 59.57 feet to the True Point of <br />feet.Beginning, said parcel containing 1116.71 square <br /> <br /> Adopted by the Council of the City of Portsmouth, Vir- <br />ginia, at a meeting held May 31, 1977. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />