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82 <br /> <br />A RESOLUTION AUTHORiZI~{G THE CO~EYANCE OP CERTAIN CITY PROPERTY <br />iN THE VICINITY OF GREENWOOD DRIVE AND INTERSTATE 264 TO THE <br />TIDEWATER TRA[{SPORTATION DISTRICT COMMISSIOi~, AND AUTHORIZING <br />THE CITY I,~ANAGER TO EXECUTE A DEED OF CONVEYANCE FOR T~[E <br /> <br /> WHEREAS, the City of Portsmouth currently owns a <br />certain parcel of land located as hereinafter described~ and <br /> <br /> WHEREAS, said land is no longer needed for the public <br />use of the City of Portsmouth and is therefore declared to be <br />surplus property} and <br /> <br /> ~{EREAS, the Tidewater Transportation District Com- <br />mission requires such land for the establis~.ent of a fringe <br />parking area to service the Tidewater Transportation District <br />and has offered to pay a consideration of $65~O00. for the <br />subject property. <br /> <br /> NOW, THEREFORE, BE iT RESOLVED by the Council of the <br />City of Portsmouth, Virgmnia~ that the following described <br />parcel of land shall be conveyed to the Tidewater Transportation <br />District Commission for the sum of $65~000. such parcel of land <br />being more particularly described as follows: <br /> <br /> Ail that certain tract, piece or parcel of <br />land, with the appurtenances thereunto belonging, <br />situate, lying and being in the City of Ports- <br />mouth~ Virginia, and sho~,.~ on that certain plat, <br />prepared by the Virginia Department of High,~zays <br />and attached hereto and expressly made a part <br />hereof. <br /> <br /> BE IT FURTHER RESOLVED that the City Manager be, <br />and he hereby is authorized to execute a deed of conveyance <br />for the same subject to conditions he deems appropriate. <br /> <br /> Adopted by the Council of the City of Portsmouth~ <br />Virginia, at a meeting held October 22~ 1974~ <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />