Minutes 01/28/1975 - Laserfiche WebLink

Home Browse Search

¸47 January 28. 1975 the C~ty Manager to execute )oinder agreements which are necessary for eligible officials participate in the plan, except for the Manager whose amendments must be executed by the Mayor. The City Manager recommends approval of this resolution." On.motion.~f~-~r~Ea~l-~.a~d_~ande~ h~Mr.:~El~iott,--tke,~otlowing resolution was adopted, and by the following vote: "A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AN AMENDED TRUST AGREEMENT ON BEHALF OF THE CITY WITH ICMA RETIREMENT CORPORATION EXTABLISHING A DEFERRED COMPENSATION PLAN FOR CERTAIN OFFICERS, OFFICIALS AND EMPLOYEES OF THE CITY OF PORTSMOUTH AND AUTHORIZING THE CITY MANAGER TO OFFER MEMBERSHIP THEREIN TO SAID EMPLOYEES. tO WHEREAS, the City of Portsmouth has previously established the ICMA Retirement Corporat: Deferred Compensation Plan for certain of its employees; and WHEREAS, the ICb~ Retirement Corporation has requested that certain amendments be made to said plan; and WHEREAS, said amendments assist the City of Portsmouth by simplifying the administr of said plan; and WHEREAS, the City will assist its employees, at no cost to itself, by the incorporation of additional attractive features into said plan. NOW, THEREFORE, BE IT RESOLVED that the City of Portsmouth amend its trust agreement with the IC~ Retirement Corporation by substituting therefor the deferred compensation attached hereto as Appendix A; it hereby authorizes its Mayor to execute the deferred compen~ plan with the IC~ Retirement Corporation; and IT IS FURTHER RESOLVED that, except for the Joinder Agreement of the City Manager, whicI is to be executed by the Mayor, the City Manager may, on behalf of the City of Portsmouth, execute all Joinder Agreements with said employees and other eligible officials and officers: which are necessary for said persons' participation in the plan, an example of which appears at Appendix B." Ayes: Barnes, Early, Elliott, Oast, Davis Nays: None 75-48 - "Consideration of a resolution expressing the position of City Council on the proposed new Hodges Ferry Bridge. Portsmouth City Council ad~pted a resolution November 27, 1973, committing to 15% of the approach to the Hodges Ferry Bridge on Portsmouth Boulevard to the Chesapeake City limits This resolution endorses the North Scheme as proposed ~y the Virginia Department of Highways for the new bridge and requests that the proposed structure be in as close proximity as possible to the existing structure to reduce property damage at both approaches. This also states that the City of Portsmouth does not favor construction of the Hodges Ferry Bridge ahead of the West Norfolk Bridge. The City Manager recommends approval of this resolution." On motion of Mr. Oast and seconded by Mr. Early, the following resolution was adopted, and by the following vote: "A RESOLUTION EXPRESSING THE POSITION OF PORTSMOUTH CITY COUNCIL ON THE PROPOSED NEW HODGES FERRY BRIDGE. WHEREAS, the Department of Highways g Transportation of the State of Virginia contempla~ the preparation of plans for constructio~ of a new bridge carrying State Route 337 over the western branch of the Elizabeth River (Hodges Ferry Bridge); and WHEREAS, the City of Portsmouth has previously supported the concept of a new bridge by its resolution of November 27, 1973; and WHEREAS, the proposed new structure could be built either south or north of the present bridge; and WHEREAS, the proposed north scheme (with a retaining wall to protect the house located on the south side of Route 33?) would minimize the problems of house relocation and other property damage and would thus be a more economical solution to the problem of bridge rolo NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that this council supports the construction of the new Hodges Ferry Bridge along the north route, with the new bridge to be located as close as possible to the existing structure. BE IT FURTHER RESOLVED that this council is committed to provide fifteen percent (15%) of the funds necessary to construct such portion of the approach to said bridge as is locate~ within the City of Portsmouth; provided, that the commitment recited in this clause shall be expressly continge~ upon the selection of the north location as the site of the new strut to reduce property damage on each side of the approach as stated by the Department of Highwa) and Transportation. BE IT FURTHER RESOLVED that councilts support of the new Hodges Ferry Bridge is not int~ and should not be construed as a diminution of support for the new West Norfolk Bridge, inasn as the latter must retain the highest priority for construction at the earliest possible dat~ ture