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November 28, 1967
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<br />the borrowing of these fundS at this time in lieu of the issuance of the bonds until the spring
<br />of 1968. This note [or notes) will be for six months duration."
<br />
<br />On motion of Mr. Johnson the following resolution was adopted without dissenting vote:
<br />
<br />"A RESOLUTION AUTHORIZING THE BORROWING OF $73000,000.00 ~MD ~qE ISSIIANCE OF TEMPORARY LOAN
<br />NOTES OF THE CI~V"f OF PORTSMOUTH THERE_OR, PENDING ~iE ISSUANCE AND SALE OF BONDS HERETOFORE
<br />LEGALLY AUTHORIZED BUT NOT ISSI~D OR SOLD"
<br />
<br /> 67-344 . "I submit the attached agreement between the Virginia Electric and Power Company
<br />and the city of Portsmouth. I recommend the proper city officials be authorized to sign. This
<br />agreement covers a power line easement for the warehouse constructed at the Portsmouth 54arine
<br />Terminal. This is an undergrmmd installation."
<br />
<br /> On motion of Mr. Barnes, the proper cit~ officials were authorized to sign the agreement,
<br />without dissenting vote.
<br />
<br />-UNFINISHED BUSINESS-
<br />
<br />and
<br />
<br />67-319 - ~]e following ordinance, approved on first reading at last meeting, was takenup
<br />read:
<br />
<br />"AN ORDIN;uNCE TO APPROPRIATE $52,889.16, FROM THE GENERAL IHPROVEMENT FUND FOR A TEMPORARY
<br />LOAN TO THE PORTSMOUTH PORT ~2{D INDUSTRIAL CO~4ISSION"
<br />
<br />On moZion of Mr. King, the ordinance was adopted, and by the following vote:
<br />
<br />Ayes: Smith, Barnes, Eastes, Johnson, King, Knight, Leafy
<br />Nays: None
<br />
<br /> 67-320 - The following ordinance, approved on first reading at last meeting, was taken up
<br />and read:
<br />
<br />"AN ORDINANCE TO APPROPRIATE $9,200.00 FRO~ THE GENERAL CAPITAL IMPROVEMENT FUND FOR THE
<br />PURCHASE OF 192 PINNERS AVENUE ;~]D 182 JACKSON AVENUE IN PINNERS POINT"
<br />
<br />On motion of Mr. Leafy, the ordinance was adopted, and by the following vote:
<br /> Ayes: smith, Barnes, Hastes, Johnson, King, Knight, LearS.
<br /> Nays: None
<br />
<br />On motion of Mr. Barnes, the following resolution was adopted, without dissenting vote:
<br />
<br />"A RESOLUTION AUTHORIZING THE PURCHASE OF THE PROPERTY KNOWN AS 182 JACKSON AVENUE FROM
<br />CHARLES H. JACKSON, A CITY EMPLOYEE',
<br />
<br /> "WHEREAS, Charles H, Jackson, an employee of the City of Portsmouth~ is the owner of certain property
<br />known and numbered as 182 Jackson Avenue; and
<br /> WHEREAS, the acquisition of the said property would be in accordance with the plan for the development
<br />of the marine terminal; and
<br /> WHEREAS, the said Charles H. Jackson, is willing to convey the said property to the City
<br />by general warranty deed, free and clear of all liens, for the sum of $5,000.00.
<br /> NOW, THEREFOP~, BE IT RESOLVED by the Council of the City of Portsmouth, Virginie, that the
<br />terms of purchase be, and the same, hereby are approved.
<br /> BE IT FURTHER RESOLVED the City Manager and the City Attorney are hereby authorized and
<br />directed to do all things necessary to conclude the ourchase of the seid property located at
<br />182 Jackson Avenue from the said ChErles H. Jackson."
<br />
<br /> 67-321 - The following ordinance, approved on first reading at last meeting, was taken
<br />and read:
<br />
<br />ORDINANCE TO CLOSE A PORTION OF NOTTOWAY AVENUE"
<br />
<br />On motion of Mr.
<br /> Ayes:
<br /> Nays:
<br />
<br />Leafy, the ordinance was adopted, and by the following vote:
<br />Smith, Barnes, Eastes, Johnson, King, Knit, hr, Leafy
<br />None
<br />
<br /> 67-246 - Motion of Mr. ~night to go into the election of a member to the District Air Pollution
<br />Control Commission, was adopted.
<br />
<br />Mr.'~Knight nominated R. Stevem Gibbs, 421 Riverside Drive.
<br />
<br />On motion of Mr. King, Nominations were closed,
<br />
<br />Vote being taken, Mr. Gibbs was unanimously elected a member of the Commission.
<br />
<br /> 67-318 - The matter of the sale of city owned property at the northwest co~ner of Alton Parkway
<br />and Morris St~, in Cradock, which was referred to the City Manager 'at the last meeting of Council,
<br />was presented.
<br />
<br /> On motion of Mr. Leafy, rules were suspended to hear Gordon Marsh, attorney, who spoke regarding
<br />the terms of the sale,
<br />
<br /> Motion of Mr. Johnson that the property be sold to the Woman's CI~ of Cradock for $4,000, the
<br />amount of their bid, was adopted, w~thbut dissenting vote.
<br />
<br />
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