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~av ~2_ 1970
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<br />At a regular meeting of the City Council, held on May 12~t, there were present:
<br />Jack P. Barnes, George D. Eastes, James W. Holley~ Burrell R. Johnson, Isaac W. King, R. Irvine Smith,
<br />Raymond Turner, A. P. Johnson, Jr., City Manager, and M. A. Korb, Jr., City Attorney.
<br />
<br />The meeting was opened with prayer by Mr. King.
<br />
<br /> The following reports from the City Manager were read:
<br />
<br /> 70-186 - "I submit the attached ordinance and recommend it be placed on first reading. ~is establishes
<br />the Tax Study Commission on a permanent basis and repeals the previous ordinance pertaining to this Tax Study
<br />Commission. It provides for ~seven-member commission with terms to begin on July 1, 1970, and provides for
<br />staggered terms with two of the members being appointed for a term of one year, two for a term of two years,
<br />and three for a term of three years.
<br />
<br /> It is the duty of this commission to study' the financial condition of the City, possible sources of re-
<br />venue, the taxes levied by the City, and the methods of collecting same. They are to make recommendations
<br />to the City Council with respect to the taxing policies so as to provide ~n equitable distribution of ~he tax
<br />burden."
<br />
<br />On motion of Mr. King, the following ordinance was approved on first reading and by the following vote:
<br />
<br />"AN ORDIN;~NCE TO ;~MEND /~HE CODE OF THE CITY OF PORTSMOb~FH, VIRGINIA, 1961, BY ADDING TO CHAPTER 10
<br />THEREOF, A NEW ARTICLE NU~,~ERBD XVII, CONSISTING OF SECTIONS t0~128 THROUGH 10-1S1, INCLUSIVE, CREATING
<br />THE PORTS~4OUTH TAX STUDY CO~,~ISSION PROVIDING FOR THE APPOINTMENT OF Al~ PRESCRIBING THE TE~ OF OFFICE
<br />OF THE ~MMBERS OF SAID CO._u~ISSION, PROVIDING FOR THE FILLING OF IzACANCIES ON SAID CO~.ISSION, FOR THE
<br />CO~ENSATION OF SAID ~{~MBERS, ~ND FOR THE ORGANIZATION OF SAID CO.~,~IISSION, ~ND PRESCRIBING THE DUTIES
<br />OF SAID CO~B~!SSION."
<br />
<br />Ayes: Barnes, Eastes, Holley, King, Smith, Turner
<br />Nays: None
<br />
<br /> 70-187 - "I submit the attached ordinance and recommend it be placed on first reading. This changes the
<br />name of Teal Court and Linnet Court. It recommends that Teal Court be changed to Cinnamon Teal Court since
<br />there is already in existence a Teal Street in the City. Teal Court is in the Hunter's Point section of the
<br />City and has houses under construction, but no one occupying them.
<br />
<br /> It is recom~mended that Linnet Court be changed to L~n Court. This is requested due to the similarity
<br />between Linnet Court and Linnet Lane. Due to the similarity of names and duplication of numbers, this ls
<br />creating a problem. To change the numbers would inconvenience a minimum of fourteen peoole. To change ~e
<br />name would inconvenience only seven people. Therefore, it is suggested that the name be ~hanged rather than
<br />the numbers ."
<br />
<br /> ~ motion of Mr. Turner, the following ordinance was approved on first reading, and by the following
<br />vote:
<br />
<br />"AN ORDINANCE TO CH~GE THE NM~E OF TEAL COURT TO CINN~,ION TEAL COURT ~ND THE NB=u~5;OF LINNET
<br />COURT TO LOON COURT."
<br />
<br /> AMes: Barnes, Bastes, Holley, King, Smith, Turner
<br /> Nays: None
<br />
<br /> 70-188 - "I submit the attached ordinance and recommend it be placed on first reading.
<br />the voting places of Precincts Nu~oer 4 and 5.
<br />
<br />This changes
<br />
<br /> The voting place for Precinct No. 4 will be meued from the fire station a~ Lincoln Street and Gordon
<br />Street to the Wright Memorial ~i_ethodist Church.
<br />
<br /> The voting place for Precinct No. 5 will be changed from 1625 Elm Avenue to the Robert E. Lee Elementary
<br />school. These changes have been recommended by the Electoral Board."
<br />
<br /> On motion of Mr. Holley, the following ordinance was approved on first reading, and by the following
<br />vote:
<br />
<br />"22~ ORDINANCE TO ~ND SECTIONS 37.1~42 and 37.1-43 OF THE CODE OF THE CITY OF PORTSE~OUTH,
<br />VIRGINIA, 1961, TO CHJ~NGE THE VOTING PLACE FOR PRECINCT NO. 4 TO THE WRRGHT F~MORIAL
<br />~THODIST CHURCH ~qD THE VOTING PLACE FOR PRECINCT NO. 5 TO THE ROBERT E. LEE ELEMENTARY
<br />SC~{OOL."
<br />
<br />Ayes: Barnes, Eastes, Holley, King, Smith, Turner
<br />Nays: None
<br />
<br />Mr. Johnson present.
<br />
<br /> 70-189 - "I submit the attad~ed ordinance and recommend it be placed on first reading. ~%is authorizes
<br />the issuance of $975,000 in General Obligation Donds. While we do not anticipate issuing these bonds in the
<br />near future, it is necessary to adopt this ordinance in order that we can do temporary borrowing on various
<br />capital projects under construction. ~nis, will allow the City to issue temporary notes for ~%e funding of
<br />these projects and it will not be necessary to repay from the general revenues of the City.
<br />
<br />These projects cover u~ean renewal, street improvements, public buildings, and the purchase of land."
<br />
<br />On motion of ~ ~
<br /> ~'~r. Smith,the~following ordinance was approved on first reading, and by the foltmving vote:
<br />
<br />"AN ORDINANCE AUTHORIZING THE ISSUANCE OF NINE HUNDRED SEVEN-fY-FIVE %qOUSN~D ($975,000.00) DOLLARS
<br />OF BONDS OF /~HE CITY OF PORTS~4OL~H, VIRGINIA. TO BE k~ OI'TN AS G~E~qERAL OBLIGATION BONDS, FOR THE
<br />PUkDOSE OF PROVIDING FUN~S FO~ ~ CONSTRUCTION OF CERTAIN PUBLIC BUILDINGS, HIGHWAYS ~qD STREETS;
<br />FOR THE PURCHASE OF PROPERTY FOR GOVEP~NMENTAL, RECREATIONAL, ~ND PORT DEVELOPMENrY _URPOSES~ FOR /HE
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