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R -19 -09 A RESOLUTION DECLARING A CERTAIN CITY -OWNED PROPERTY HAVING A SIZE OF APPROXIMATELY FIVE HUNDREDTHS OF AN ACRE AND AN ADDRESS OF 146 OWENS STREET (TAX PARCEL 0052 -0590) TO BE SUPLUS REAL PROPERTY AND AUTHORIZING THE CONVEYANCE OF SAME TO BRANDON ECIJAN. WHEREAS, for many decades the City of Portsmouth has owned certain real property having a size of approximately five hundredths of an acre and an address of 146 Owens Street (Tax Parcel 0052 -0590) (the "Property "); and WHEREAS, the Property is small and ill- suited for development as a standalone parcel; and WHEREAS, the City Assessor has assessed the value of the property at $590; and WHEREAS, Brandon Ecijan, the owner of the only adjacent developed property (148 Owens Street), has offered to purchase the Property for its assessed value; and WHEREAS, as a pre- condition to the conveyance Mr. Ecijan has agreed to have a minor subdivision plat prepared to vacate the lot line between the Property and Mr. Ecijan's property, and at closing the City will reimburse the actual cost of preparation of the plat in an amount not to exceed the available net sale proceeds; and WHEREAS, the vacation of the lot line and merging of the Property and Mr. Ecijan's property through recordation of a minor subdivision plat will ensure that no new house of a size and quality incompatible with the neighborhood can be constructed on the Property; and WHEREAS, the Property is surplus property, of no value or use to the City; and WHEREAS, the proposed conveyance will place the Property back on the tax rolls and result in additional tax revenues to the City; and WHEREAS, in accordance with Section 15.2 -1800 of the Virginia Code a public hearing has been held on the proposed conveyance; NOW THEREFORE BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that: 1. That the Property is hereby declared to be surplus real property; 2. That conveyance of the Property to Brandon Ecijan for a purchase price of Five Hundred Ninety Dollars ($590) is hereby approved and authorized; and 3. That the City Manager is authorized to execute deeds and other instruments, and to take such further actions, as are necessary or desirable to complete the transaction authorized by this Resolution.