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R-25-39 A RESOLUTION AUTHORIZING THE RECONVEYANCE OF PROPERTIES CONTAINING STORMWATER PONDS THAT SERVE THE MARTIN LUTHER KING EXTENSION TO THE COMMONWEALTH OF VIRGINIA OR ITS DESIGNATED AGENCY. WHEREAS, the Virginia Department of Transportation completed the Martin Luther King Extension Project; and WHEREAS, in accordance with state policy, after completion of the Project VDOT conveyed excess property that it had acquired for, but not incorporated into, the Project to the City; WHEREAS, VDOT mistakenly included fifteen small parcels containing stormwater ponds that serve the highway in the conveyance to the City; and WHEREAS, the fifteen parcels containing ponds are: 1301 Columbus Avenue (Tax Parcel 0208-0260), 1303 Columbus Avenue (Tax Parcel 0208-0250), 1305 Columbus Avenue (Tax Parcel 0208-0240), 1400 Columbus Avenue (Tax Parcel 0123- 0010), 1401 Columbus Avenue (Tax Parcel 0208-0230), 1403 Columbus Avenue (Tax Parcel 0208-0220), 1405 Columbus Avenue (0208-0210), 1407 Columbus Avenue (0208-0200), 1409 Columbus Avenue (0208-0190), 1411 Columbus Avenue (0208- 0180), 1413 Columbus Avenue (0208-0170), 1415 Columbus Avenue (0208-0160), 2122 Columbia Street (Tax Parcel 0177-0160), 2126 Columbia Street (Tax Parcel 0177-0170), and 2130 Columbia Street (Tax Parcel 0177-0180) (collectively, the Stormwater Parcels"); and WHEREAS, VDOT has requested that the City re -convey parcels containing stormwater ponds to the Commonwealth so that the Commonwealth can be responsible for maintenance; and WHEREAS, the Stormwater Parcels are covered with ponds, of no value to the City, and necessary for the highway drainage system; and WHEREAS, reconveyance of the Stormwater Parcels to the Commonwealth will save the City any expense of maintaining the ponds; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that it approves and authorizes the conveyance of the Stormwater Parcels, together with any additional interest in land that is now a part of the stormwater ponds serving the Martin Luther King Extension, to the Commonwealth of Virginia or its designated agency.