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A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A <br />COOPERATION AGREEMENT WITH THE PORTSMOUTH REDEVELOPMENT AND <br />HOUSING AUTHORITY IN REFERENCE TO THE MOUNT HERMON CONSER- <br />VATION AND REDEVELOPMENT PROJECT (VA. R-69). <br /> <br /> WHEREAS, the Portsmouth Redevelopment and Housing <br />Authority approved on September 5, 1972, a Conservation and <br />Redevelopment Plan for the Mount Hermon Conservation and Re- <br />development Project, Va. R-69, and on the same date authorized <br />the execution of a Cooperation Agreement between the Portsmouth <br />Redevelopment and Housing Authority and the City of Portsmouth <br />for said Project; and <br /> <br /> WHEREAS, this Council has likewise approved the <br />Conservation and Redevelopment Plan for the Mount Hermon <br />Conservation and Redevelopment Project, Va. R-69; and <br /> <br /> WHEREAS, it is necessary for the City of Portsmouth <br />to make assurances that it will make certain improvements or <br />pay certain monies to satisfy its local grant-in-aid require- <br />ment to said Project; and <br /> <br /> WHEREAS, a Cooperation Agreement, evidencing agree- <br />ment between the Portsmouth Redevelopment and Housing Authority <br />and the City of Portsmouth, has been prepared which sets forth <br />the City's financial responsibilities in the undertaking of <br />said Project. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the Cooperation <br />Agreement for the Mount Hermon Conservation and Redevelopment <br />Project, Va. R-69, between the Portsmouth Redevelopment and <br />Housing Authority and the City of Portsmouth is duly approved <br />and the City Manager is authorized to execute on behalf of <br />the City said Cooperation Agreement, and the City Clerk is <br />directed to attest and affix the seal of the City of same. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held September 12, 1972. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />