1971 Resolutions - Laserfiche WebLink

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shailhave jurisdiction to require refunding bonds, for go6d cause shown by the city or any other person or party in interest, prior To authorizing any distribution of funds pursuant to any certificate issued or deposit made by the'~ity. .~ 2,09. Sale of City Rights.in Water Front, ~treets Utmlltm s., Works, e~c. (a) The rights of the City of Portsmouth in and to its Water front~ wharf property~ public landings, wharves, docks, streets, avenues, parks, bridges and other public places, and its gas, water and electric works, shall not be sold~ except by a resolutio~ passed by a recorded affirmative vote. of three-fourths of all the members elected to the council. (b) No franchise~ tease~ or right of any kind to use any such public property or any_ other oublic proper~y or ease- ment of any description in a manner not permitted to the general public shall be granted for a longer period than-forty years e~cept for air r_ghts togeoher ~mth easements for columbus of support, whic~b may be granted for a period not exceeding sixty years. ~ Before selling any such property, and before grant- in~ any franchise, privilege, lease, or rmgn~ of any'kind to ~use any public property or easement of any description, for a term in excess of five years, except in the case of and for a trunk railway, ~ch~-city ~hatl first] after due advertisement, receive bids therefor publicly. Such advertisement shall be published for at least three days mn a newspaper publishe~ in, or having a general circula'tion in, the City of Portsmouth. Such bids may be upon such terms and may .be received im such manner as the city manager may determine, unless the council shall direct otherwise. Such granv_, and any contract in pursuance thereof~ may .provide tna~_ .u. pon the t~m~na.~mon of the gran~ the plant as well as the property, if:any~ of the grantee in the streets-~ avenues~ and other oublic p~aces shall thereupon, wm~hout compe~saomon ~o the grantee~ or uoon the payment of a fair ....~a~ua~mon~ therefor, 'oeco.~e~ vne~ pro~er~y o£ the city~ but the grantee shall be envdtled to no paymenv by reason of ~ .f_~.~cb~e. Any sue-~ olant or p-~ope-~rty acquired by the-- c~y may be sold or leased· or~, u~less ~prohibited by general' law maintained~, convrolled~ ~nd operate~by the city. such grant_ shall specify the mode oF determining any valuation therein provided for and shall make adequate provisions by~ way of forfeiture of the ~rant, or otherwise., to'secure