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<br />R06-59 <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE DEED OF <br />CONVEYANCE FROM THE CITY OF PORTSMOUTH TO THE ECONOMIC <br />DEVELOPMENT AUTHORITY FOR A 60' STRIP OF PROPERTY AND A PORTION <br />OF PERRY STREET WHICH HAS BEEN CLOSED AND V ACA TED WHICH <br />ADJOINS SAID 60' STRIP LOCA TED BETWEEN VICTORY BOULEVARD AND <br />PARADISE CREEK. <br /> <br />BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that the City <br />Manager be, and he hereby is, authorized to execute a deed of conveyance to the Economic <br />Development Authority for the following described property, to-wit: <br /> <br />All that certain piece or parcel of land being a portion of a former street railway <br />right-of-way containing approximately 1.2 acres, more or less, and the adjoining <br />one-half of Perry Street, now vacated and closed, and which adjoins said railway <br />right of way all of which lies south of Victory Boulevard bridge over Paradise <br />Creek and between the eastern right of way line of Victory Boulevard and <br />Paradise Creek as shown on the exhibit attached hereto. <br /> <br />BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute <br />such deeds, plats and other documents necessary to effect the conveyance of property herein <br />authorized between the City and the Economic Development Authority as may be required, and <br />to require such deeds and documents to contain such other provisions as he may deem <br />appropriate and in the best interest of the City of Portsmouth. <br /> <br />ADOPTED at a meeting of the Council of the City of Portsmouth, Virginia held on <br />November 14, 2006. <br /> <br />TESTE: <br /> <br />City Clerk <br />