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AN ORDINANCE TO AUTHORIZE AND DIRECT T~E CONVEYANCE O~ T~REE PARCELS <br />OF LAND WITHIN T~E LINCOLN~VILLE REDEVELOPMENT PROJECT TO THE PORTS- <br />~OUT~ F~EDEVELOPS{ENT AND HOUSING AUTHORITY <br /> <br /> WHEREAS, the City of Portsmouth has entered into a contract for the Lincolns- <br />ville Urban Renewal Project whereby the Portsmouth Redevelopment and Housing <br />Authority is to acquire title to all property within the project boundaries; and <br /> <br /> WI~ERFAS, the Plannin~ Commissicm has recommended the conveyance to the Ports- <br />mouth Redevelopment a~d Housing Authority of three parcels of vacant !and within <br />the project now owned by the City~ and <br /> <br /> WHEREAS, the Portsmouth Redevelopment and Housing Authority, a political <br />subdivision of the Commonwealth of Virginia with the power of eminent domain, has <br />offered the sum of $6,500°00 for said three parcels of land, which is considered <br />to be the approximate fair market value thereof° <br /> <br /> NOW, THEREFORE, Be it ordained by the Council of the City of Portsmouth, <br />Virginia, that the Mayor and City Clerk be, and they hereby are, directed and <br />authorized to execute~ seal and deliver to the Portsmouth Redevelopmen~ and Housing <br />Authority, upon payment of the sum of $6,500°00 into the dity treasury, a deed in <br />form approved by the City Attorney, with appropriate warranties of title~ conveying <br />the following described three parcels of land situate in the City of Portsmouth: <br /> <br />Parcel l?-X <br /> <br /> The south half of the right of way of Caledonia Street between Fort Lane and <br />E~fingham Street° <br /> <br />Parcel 8-9~3 <br /> <br /> A parcel of land fronting approximately 144 feet on the east side of Green <br />Street, between North Street and Carroll Street, and extending back between parallel <br />lines approximately 170 feet; subject to an easement for continued operation and <br />maintenance of a storm drain located therein. <br /> <br />Parcel 7-8 <br /> <br /> Lots 114, 115, 116, 117 and llS, Plat of the Park View Land and Improvement <br />Company, ~ap Book S, page 33, Norfolk County Circuit Court, fronting approximately <br />70 feet on the east side of Effingham Street between Emmett Street and the Na~al <br />Hospital. <br /> <br /> Adopted by the Council of the City of Portsmouth at a meeting held on Feb- <br />ruary 28~ t961~ <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />