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November 24, 1998 <br /> <br />Recommendation: <br /> <br />Adoption of a resolution authorizing the City of Portsmouth's 1999 Legislative <br />proposals to be presented to the Portsmouth Delegation and the members of <br />the Virginia General Assembly. <br /> <br />Purpose and Need: <br /> <br />The Legislative Proposals contain seven (7) Revenue and Taxation Requests <br />in Order of Priority; ten (10) Items to Monitor During the Session, which can <br />significantly impact municipal operations; and nine (91 Studies to Monitor. <br /> <br />· The Addendum, containing the Virginia Municipal League's 1999 Legislative <br /> Program, was adopted at its annual meeting on October 6, 1998. <br /> <br />Financial Impact: <br /> <br />· The potential financial impact could be millions of dollars to the City for <br /> programs, facilities and services. <br /> <br />The total impact cannot be accurately assessed at this time. The impact, <br />however, will be noted in the Final Legislative Report, which is prepared after <br />the Veto Session of the General Assembly. <br /> <br /> Motion by Mr. Robinett, and seconded by Mr. Whitehurst, to adopt the <br />following resolution, and was adopted by the following vote: <br /> <br /> "RESOLUTION AUTHORIZING THE CITY OF PORTSMOUTH'S 1999 <br />LEGISLATIVE PROPOSALS TO BE PRESENTED TO THE PORTSMOUTH <br />DELEGATION AND THE MEMBERS OF THE VIRGINIA GENERAL ASSEMBLY. <br /> <br /> WHEREAS, the Virginia General Assembly deals with a broad range of <br />issues that affect local governments both directly and indirectly; and <br /> <br /> WHEREAS, the City of Portsmouth has certain concerns which deal with <br />both local governments and Portsmouth specifically; <br /> <br /> WHEREAS, these concerns and issues need to be made known to <br />Portsmouth's General Assembly Delegation so that they may be transmitted for <br />consideration by the Legislature. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the Council of the City of <br />Portsmouth endorses the attached legislative proposals for the 1999 General <br />Assembly Session and directs that both this resolution and the legislative <br />proposals be forwarded to the Portsmouth General Assembly Delegation." <br /> <br />Ayes: Benn, Griffin, Moody, Pitts, Robinett, Whitehurst, Holley <br />Nays: None <br /> <br />98-264 Adoption of a resolution approving issuance of multi-family rental housing <br /> revenue bonds for Merrifield Estates, Inc. <br /> <br />Recommendation: <br /> <br />· Adoption of a resolution approving issuance of multi-family rental housing <br /> revenue bonds for Merrifield Estates, Inc. <br /> <br /> <br />