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2021 Ordinances
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1/27/2022 10:56:48 AM
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1/13/2021 3:46:29 PM
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which this person claims to be a part or who is recognized by a tribal <br />organization. <br />Minority -owned business means a business that is at least 51 percent owned by one <br />or more minority individuals who are U.S. citizens or legal resident aliens, or in the case <br />of a corporation, partnership, limited liability company or other entity, at least 51 percent <br />of the equity ownership interest in the corporation, partnership, or limited liability <br />company or other entity is owned by one or more minority individuals who are U.S. <br />citizens or legal resident aliens, and both the management and daily business operations <br />are controlled by one or more minority individuals, or any historically black college or <br />university as defined in Code of Virginia, § 2.2 -1604, as amended, restated or moved <br />from time to time, regardless of the percentage ownership by minority individuals or, in <br />the case of a corporation, partnership or limited liability company or other entity, the <br />equity ownership interest in the corporation, partnership, or limited liability company or <br />other entity. <br />fiffs <br />Btf-014@14 by <br />9 itizens @F- 10 lions, and <br />Women -owned business means a business that is at least 51 percent owned by one or <br />more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, <br />partnership, or limited liability company or other entity, at least 51 percent of the equity <br />ownership interest is owned by one or more women who are U.S. citizens or legal <br />resident aliens, and both the management and daily business operations are controlled by <br />one or more women. <br />2. Article V of Chapter 2 of the Code of the City of Portsmouth, Virginia (City <br />Manager) is amended by adding a new Section 2 -168 as follows: <br />Sec. 2 -168. — Minority- and Women -Owned Business Participation. <br />
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