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At a Called Meeting of the City Council on Tuesday, August 25, 1998, there were <br />present: <br /> <br />Mayor James W. Holley III, Vice Mayor Bernard D. Griffin, Sr., P. Ward Robinett, Jr., J. <br />Thomas Berm III, William E. Moody, Jr., Charles B. Whitehurst, Sr., City Manager Ronald <br />W.' Massie, City Attorney G. Timothy Oksman. <br /> <br /> Vice Mayor Griffin opened the meeting with prayer, which was followed by <br />the Pledge of Allegiance to the Flag. <br /> <br />Mayor Holley called the meeting to order and welcomed all in attendance. <br /> <br />98-209 The following call for the meeting was read: <br /> <br /> "Please attend a Called Meeting of the City Council to be held in the City Council <br />Chamber, 801 Crawford Street, 6th floor, 3:00 p.m., Tuesday, August 25, 1998, for the <br />purpose of a joint meeting with the Norfolk City Council. <br /> <br />In addition, you may consider a motion to go into an Executive Session. <br /> <br />By order of the Mayor." <br /> <br />In attendance from the Norfolk City Council were: <br /> <br />Mayor Paul D. Fraim, Vice Mayor Herbert M. Collins, Sr., Dr. Mason D. Andrews, <br />Daun S. Hester, G. Conoly Phillips, Paul R. Riddick, W. Randy Wright, City <br />Manager James B. Oliver, Jr., City Attorney Bernard Pishko. <br /> <br />98-210 <br /> <br />Adoption of a resolution authorizing the City of Portsmouth to file an <br />application with the City of Norfolk for a joint Empowerment Zone and <br />submit it to the Department of Housing and Urban Development. <br /> <br /> Motion by Mr. Robinett, and seconded by Mr. Whitehurst, to adopt the <br />following resolution, and was adopted the following vote: <br /> <br /> "RESOLUTION AUTHORIZING JOINT APPLICATION WITH THE CITY OF <br />NORFOLK TO THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN <br />DEVELOPMENT FOR CREATION OF AN EMPOWERMENT ZONE <br />ENCOMPASSING PORTIONS OF PORTSMOUTH AND NORFOLK. <br /> <br /> WHEREAS the United States Department of Housing and Urban <br />Development is accepting nationwide competitive applications for a new <br />designation referred to as an "Empowerment Zone"; and <br /> <br /> WHEREAS being designated as an Empowerment Zone will result in a <br />wide variety of substantial federal benefits, including direct grants of $10 million <br />per year for ten years, a total of $100 million; and also enhanced eligibility for <br />tax-exempt bond financing of up to $230 million, increased Section 179 <br />deductions to permit enhanced tax deductions for businesses, and federal <br />technical assistance in a number of areas; and <br /> <br /> WHEREAS Portsmouth and Norfolk are adjoining cities bound together by <br />the fabric of a common history, enjoying a common downtown waterfront, <br />participating in the same regional economy, and experiencing common urban <br />challenges; and <br /> <br /> WHEREAS Portsmouth and Norfolk have established an admirable record <br />of working together cooperatively on projects of common interest, including <br />support for critical regional transportation initiatives such as the Third Crossing, <br />expansion of the Midtown Tunnel and development of the Pinners Point <br />Connector, and creation of a Fourth Terminal for the Virginia Port Authority; and <br />also state compensation for state tax-exempt properties, special events, and <br />heritage tourism through the "Trail of Two Cities" program; and <br /> <br /> <br />