Minutes 04/08/1975 - Laserfiche WebLink

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A~ril a. 197S It is estimated that the net operating cost will be approximately $300 per day and since no Sunday service is proposed there will be approximately 25 days of service per month for a total cost of ~7,500. Federal aid for transit operating costs is anticipated; however, it will not be available until after the expenditure of the requested funds. Therefore, the full deficit on behalf of the City is needed by the Commission at this time. Upon receipt of the Federal aid by TTDC, the City will receive a credit or a cash rebate for the funds paid in excess of the net operating costs. The City Manager recommends approval." On motion of Mr. Wentz and seconded by Mr. Early, the following ordinance was approved on first reading, and by 6-1 (Holley-nay) vote: "AN ORDINANCE TO APPROPRIATE $15,000 FROM THE GENERAL FUND FOR THE ESTIMATED OPERATING COSTS FOR THE PORTSMOUTH SERVICE PROVIDED BY TIDEWATER TRANSPORTATION DISTRICT COMMISSION FOR THE MONTHS OF MAY AND JUNE, 197S.' 75-138 "Consideration of an ordinance on first reading to appropriate $104,694 from the Capital Improvement Fund to provide the capital funds required to mat=h State, and Federal funds for the acquisition of Community Motor Bus Company on May 1 and other capital improvements, including the transfer of Tidewater Metro Transit to Tidewater Transportation District Commission. The above appropriation will provide the necessary capital funds to the TTDC to effect the take~over of Community Motor Bus on May 1 and provide the other capital improvements required in the first year program for the Portsmouth system. Also included in this appropriation is the City's share (17.4%) of the capital funds.needed for reimbursement to Norfolk for the transfer of Tidewater Metro Transit. A copy of the request from TTDC is attached for your information. The City Manager recommends approval." On motion of Mr. Elliott and seconded by Mr. Barnes, the following ordinance was ap- proved on first reading, and hy 6-1 (Holley-nay) vote: "AN ORDINANCE TO APPROPRIATE $104,694 PROM THE CAPITAL IMPROVEMENT FUND TO PROVIDE THE CAPITAL FUNDS REQUIRED TO MATCH STATE AND FEDERAl FUNDS FOR ACQUISITION OF THE COMMUNITY BUS COMPANY AND FOR OTHER CAPITAL EKPENDITURES INCLUDING THE TRANSFER OF TIDEWATER METRO T-RA-~SIT TO TIDEWATER TRANSPORTATION DISTRICT COMMISSION." 75-139 - "Consideration of from the General Revenue Sharing the purchase of school buses. an ordinance on first reading to appropriate $270,000 Trust Fund in the category of Public Transportation for A negotiated agreement with Community Motor Bus Company has been completed for the transfer of school buses to the Portsmouth School Board for $270,000. The School Board, under contract dated September 8, 1972, previously agreed to assume the outstanding in- debtedness on these buses at the time of purchase. Present plans call for the Tidewater Transportation District Commission to take over the transit operations of Community Motor Bus on May 1 and the School Board has recommended the acquisition of the school buses on or before April 19. The City Manager recommends approval." On motion of Mr. Holley and seconded by Mr. Barnes, the following ordinance was approve on first reading, and by unanimous vote: "AN ORDINANCE TO APPROPRIATE 3270,000 FROM THE GENERAL REVENUE SHARING TRUST ~gND IN THE CATEGORY OF PUBLIC TRANSPORTATION FOR THE PURCHASE OF SCHOOL BUSES." 75-140 - "Consideration of an ordinance on first reading to appropriate $4,370,000 from the Community Development Fund for the first year Community Development Program which was funded beginning January 1, 1975 through September 30, 1975. This appropriation includes the funds for all categories previously adopted by resolution in the Community Development budget, except the $200,000 for rehabilitation loans and gran~s. A copy of the detailed Community Development budget previously adopted is attached for your information. The City Manager recommends approval." On motion of Mr. Elliott and seconded by Mr. Early, the following ordinance was approved on first reading, and by unanimous vote: "AN ORDINANCE APPROPRIATING $4,3?0,000 FROM THE COMMUNITY DEVELOPMENT FUND TO PERFORM THE CO}~NITY DEVELOPMENT PROGRAM PURSUANT TO TH~ APPROVED BUDGET THEREFOR." 75-141 "Consideration of an ordinance on first reading to appropriate $6,284 from the General Fund for additional expenditures required by the Portsmouth Parking Am~hoMl~y. This appropriation will provide t~e necessary funds for the payment of liability ~insurance on all parking lots and ramp now operated by the Portsmouth Parking Authority. It also includes the necessary funds for uniforms and equipment for security guards, signs and advertising costs prequired for the information campaign for the the downtown parking ramp. It is estimated that the additional revenues to be generated from th.e third deck will offset this expenditure as a reimbursement to the General Fund. The City Manager recommends approval." On motion of ~r. Holley and seconded by Mr. Earnest,. the following ordinance was ap- proved on first reading, and by unanimous vo~e: