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A_N ORDINANCE APPROVING TH~ PREP.~_RATION OF A GENEP~L NEIGHBOR~{OOD R~EE~fAL PLAN IN CONNECTION WITH PROPOSED REDEVELOPMENT PROJECTS, AND FILING G~ ;uN APPLICATION FOR FEDERAL ADVANCE OF FUNDS. %r~EREAS, under Title I of the Housing Act of 1949, as amended, the Housing and Home Finance Administrator is authorized to extend financial assistance to localities in the elimination and prevention of the spread of their slums and urban blight through the planning and undertaking of urban renewal projects, in- cluding redevelopment projects; and W~EREAS, under Section 102 (d) of said Title I, the Housin~ and Home Finance Administrator may make advances of funds for the preparation of General NeighBor- hood Renewal Plans for urban renewal areas of such scope that the urban renewal activities therein may hays to he carried out in stages over a period of not more Than 10 years: and W~EREAS~ ii is desirable and in the public interest that the Portsmouth Re- development and Housing Authority prepare such a General Neighborhood Renewal Plan, presently estimated to cost $30~000~00 in that certain area proposed as a General Neighborhood Renewal Area, includinE possible Redevelopmen~ Pro~ect areas, situated in the City of Portsmouth and State of Virginia, and described as follows: All that certain land generally bounded as follows: beginninE at the intersection of HiEh Street and Second Avenue, thence north along Second Avenue to Glasgow Street; thence east alone Glasgow Street to the eastern boundary of Oak Grove Cemetery; thence in a northerly and northwesterly direction alone the boundary of said cemetery and the southern and western Boundaries of a city play- ground to a point in Leckie Street; thence in a northerly direction to Scott's Creek; thence in a northerly and easterly direction in Scott's Creek to the Naval Hospital grounds; thence along the ~rounds of said Hospital to the intersection of Naval Avenue and Fort Lane; thence south along Fort Lane ~o the southern boundary of Cedar Grove Cemetery; thence in an easterly direction along the southern boundary of said cemetery and alone North Street to WashinEton Street; thence north along Washington Street to the southern side of the Harbor 'View Apartments property line; thence in an easterly direction alone said property line and across Crawford Bay to the bulkhead line a~ the northeast corner of the former Seaboard Railroad waterfront terminals; thence in a southerly direction along said bulk.head line to a point 40 feet south of High Street extended; thence west to Water Street; thence north alone Water Street to London Street; thence west alone London Street to C~estnut Street; thence south along Chestnut Street to HiEh Street; thence west alone High Street to the point of begin- ning;;the smid area being show~ outlined in heavy black broken lines on the plat entitled "Parkview Neighborhood Conservation Plan,'~ dated J~nuary~ 19~l, on file in the City Planning Commission office. NOW, TM~EREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia~ as follows: Section Io That the proposed Genera/ Neighborhood Renewal Area described above is an area of such scope that it is estimated that the urban renewal or re- development activities therein may have to be carried out in s~aEes over a period