Minutes 09/12/1972 - Laserfiche WebLink

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September 12, 1972 (8) School Buses (10) $ 82,000 These buses were authorized in order that the School Board cOuld transport the students under the court order." On motion of Mr. King and seconded by Mr. Smith, the following ordinance was approved on first reading, and by the following vote: "AN ORDINANCE TO APPROPRIATE $670,990.00 FROM THE GENERAL CAPITAL IMPROVEMENT FUND TO PROVIDE FUNDS FOR THE RENOVATION OF THE USO; FOR THE TOWER MALL DRAIN- AGE PROJECT; FOR THE FINAL CASH PAYMENT ON THE PARK VIEW CONSERVATION PROJECT; FOR EQUIPMENT FOR THE SLEEPY HOLE GOLF COURSE; FOR EQUIPMENT FOR THE POLICE COMMUNICATION SYSTEM; FOR FURNISHINGS FOR THE CIVIC CENTER; FOR THE PURCHASE OF AN ASH DISPOSAL SYSTEM; AND FOR THE PURCHASE OF TEN SCHOOL BUSES." Ayes: Early, Holley, Johnson, King, Smith, Wentz, Barnes Nays: None 72-373 - "I submit the attached resolution and recommend its adoption. This authorizes the issuance of $2,675,827 in bonds for various capital projects that have previously been appropriated as well as the projects in the previous ordinance appropriating funds. Projects that funds have previously been appropriated for during the past year but not authorized to be bonded are as follows: Crawford Urban Renewal Project Traffic Signals 1 Northside Urban Renewal Western Freeway Bridge Elmhurst Lane Extension Engineering - Airline & Victory Blvd. Olde Towne Conservation Project Mass Transit Study High Street West Widening Renovation - Municipal Building Curbs and Gutters Tower Mall Drainage Industrial Access Road Renovation Fire Headquarters Purchase of Fire Engines (2) Residential Crime Study Equipment I.C. Norcom Addition Cradock Recreation Center Repair Cemetery Wall Drainage Study Churchland Om motion of Mr. King and seconded by Mr. and by the following vote: "A RESOLUTION AUTHORIZING THE ISSUANCE OF Smi th, $ 48,000 14,100 367,058 7 500 30.000 10.000 55.000 1 445 l~O,O00 47,000 S54,009 112.000 $0,000 15.000 80000 5,000 150,000 15,500 10,000 33,650" the following resolution was adopted, $2,675,827.00 OF BONDS OF THE CITY OF PORTSMOUTH, VIRGINIA, TO BE KNOWN AS GENERAL OBLIGATION BONDS FOR THE PURPOSE OF PROVIDING FUNDS FOR FURNISHINGS FOR THE CIVIC CENTER; FOR THE CRAWFORD URBAN RENEWAL PROJECT; FOR PURCHASING TRAFFIC SIGNALS; FOR THE NORTH- SIDE URBAN RENEWAL PROJECT; FOR CONSTRUCTION PLANNING FOR THE WESTERN FREE- WAY BRIDGE; FOR THE EXTENSION OF ELMHURST LANE; FOR IMPROVEMENTS TO AIRLINE AND VICTORY BOULEVARDS; FOR THE OLDE TOWNE CONSERVATION PROJECT; FOR A B~SS TRANSIT STUDY; FOR EQUIPMENT FOR THE POLICE COFg{UNICATION SYSTEM; FOR THE WIDENING OF HIGH STREET; FOR RENOVATION OF TItE MUNICIPAL BUILDING; FOR REPAIR AND CON- STRUCTION OF CURBS AND GUTTERS; FOR THE TOWER MALL DRAINAGE PROJECT; FOR THE CITY'S SHARE OF THE INDUSTRIAL ACCESS ROAD PROJECT; FOR RENOVATION OF THE FIRE DEPARTMENT HEADQUARTERS; FOR THE PURCHASE OF FIRE ENGINES; FOR A RE- SIDENTIAL CRIME STUDY; FOR EQUIPMENT FOR I. C. NORCOM SCHOOL; FOR AN ADDITION TO THE CRADOCK RECREATION CENTER; FOR REPAIRING THE OAK GROVE CEMETERY WALL; FOR THE FINAL CASH PAYMENT DUE ON THE PARK VIEW CONSERVATION PROJECT; FOR THE PURCHASE OF EQUIPMENT FOR THE SLEEPY HOLE GOLF COURSE; FOR THE PURCHASE OF TEN SCHOOL BUSES; FOR THE PURCHASE OF AN ASH DISPOSAL SYSTEM; FOR A DRAINAGE STUDY IN CHURCHL~ND; AND FOR RENOVATION OF THE USO. WHEREAS, it is necessary for the City of Portsmouth to provide funds for the various projects as hereinafter set forth; and WHEREAS, there are no funds in the Treasury of the City of Portsmouth applicable to the payment of said expenses and the costs of said projects and it is accordingly~ ~ecessary to issue bonds of the City in the sum of Two Million Six Hundred Seventy-five Thousand Eight Hundred Twenty-seven Dollars and .00/100 ($2,675,827.00) Dollars for that purpose. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia: Section 1. For the purpose of providing funds for furnishings for the Civic Center; for the Crawford Urban Renewal Project; for purchasing traffic signals; for the Northside Urban Renewal prOject; for construction planning for the Western Freeway Bridge; for the extension of ElmhurSt Lane; for improvements to Airline and Victory BoUlevards; for the Olde Towne