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119 <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO CONVEY CITY- <br />OWNED PROPERTY TO PORTSMOUTH REDEVELOPMENT AND HOUSING <br />AUTHORITY (1120 HOLLIDAY STREET, PARK VIEW CONSERVATION <br />AND REDEVELOPMENT PROJECT, BLOCK 7, PARCEL 16). <br /> <br /> ~EREAS, the City of Portsmouth owns a certain <br />hereinafter described parcel of real property within the <br />boundaries of the Park View Conservation and Redevelopment <br />ProDect; and <br /> <br /> WHEREAS, the parcel is no longer needed by the <br />City of Portsmouth and is hereby declared surplus; and <br /> <br /> WHEREAS, the Portsmouth Redevelopment And Housing <br />Authority desires to purchase said parcel of property for <br />the price of Sixteen Hundred and 00/100 ($1,600.) Dollars <br />for the purpose of incorporating the same with adjacent <br />property in the conservation and redevelopment areas; and <br /> <br /> WHEREAS, Section 2.09(c) of the Charter of the <br />City of Portsmouth provides that the City may convey property <br />to the Commonwealth of Virginia or a political subdivision <br />thereof, without advertisement and without receiving bids; and <br /> <br /> WHEREAS, Portsmouth Redevelopment And Housing Authority <br />is a political subdivision of the Commonwealth of Virginia. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the <br />City of Portsmouth, Virginia, that the City Manager be, and <br />he hereby is, authorized to convey the following described <br />property to Portsmouth Redevelopment And Housing Authority: <br /> <br /> All that certain lot, piece or parcel of <br /> land, situate, lying and being in the City of <br /> Portsmouth, Virginia, bounded and described as <br /> follows: <br /> <br /> Beginning at a point on the north side of <br />Holliday Street, 143 feet west from the north- <br />west intersection of Holliday Street and Pearl <br />Street; thence running west and along the north <br />side of Holliday Street, 30 feet; thence north <br />and parallel with Pearl Street 106 feet; thence <br />east and parallel with Holliday Street, 30 feet; <br />thence south and parallel with Pearl Street, 106 <br />feet to the Point of Beginning. <br /> <br /> <br />