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R -17 -11 A RESOLUTION AUTHORIZING PARCEL RECONCILIATION FOR THE MARTIN LUTHER KING FREEWAY EXTENSION PROJECT THROUGH THE CONVEYANCE OF VARIOUS INTERESTS IN RIGHTS OF WAY AND OTHER RESIDUAL PROPERTIES BETWEEN THE CITY OF PORTSMOUTH AND THE COMMONWEALTH OF VIRGINIA. WHEREAS, the Martin Luther King (MLK) Freeway Extension Project (0058- 965 -107, RW101, UPC 76642) expanded the state -owned roadway between London Boulevard and I -264; and WHEREAS, the area of the MLK Extension includes several privately -owned parcels which the Commonwealth of Virginia (acting through the Virginia Department of Transportation (VDOT)) acquired, as well as several areas which were formerly City rights of way, including without limitation portions of the former Harbor Drive, Trexler Avenue, and Bedford Street (collectively, the "City Property Interests "); and WHEREAS, the City has not yet formally conveyed the City Property Interests to VDOT; and WHEREAS, as part of its acquisitions for the MLK Extension VDOT acquired property for new or relocated City rights of way necessitated by the project, including a portion of Trexler Avenue and road sections for the connection of King Street and County Street, as well as certain additional residual property (collectively, the "VDOT Property Interests ")• and WHEREAS, VDOT has not yet conveyed the VDOT Property Interests to the City; and WHEREAS, for purposes of clarity of title and responsibility it is advisable to perform a parcel reconciliation for the MLK Extension Project through conveyance of the City Property Interests to VDOT and conveyance of the VDOT Property Interests to the City; NOW THEREFORE, BE IT RESOLVED, by the Council of the City of Portsmouth, Virginia, that: 1. The City Manager is authorized to execute and deliver one or more Deed[s] and /or other instruments or agreements which are necessary or desirable to convey the City Property Interests to the Commonwealth of Virginia and /or VDOT. 2. The City Manager is authorized to accept and execute on behalf of the City one or more Deed[s] and /or other instruments or agreements which are necessary or desirable to convey the VDOT Property Interests to the City. 3. The conveyances authorized by this Resolution shall not be construed to close or vacate any existing right of way. 4. This resolution shall take effect on the date of its adoption.