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Meanwhile, this concern has made an offer o~ settlemen~ which, after negotiations,!
<br /> the City Manager and I feel it is to the best interest of the City to accept.
<br /> As of ,October 15, 1958,. ~he total amoqnt due the ~i~y will be $3,553.79. Interesz
<br />a~ the rate of 4% ~rom due date qf ~aoh paym~n~ is $188~86, making a total of $3,742.65, The Bus Company has
<br />paid $542.65 and ~itl pay the balance of $3,200.00 az a ~ate of not less t~an $~0~.00 per month, with interest
<br />at the rate of 4% on the unpaid balance. In addition, the Bus Company will pay the taxes due on its current
<br />operations. This basic arrangement is embodied in the attached contract which has been executed by the Bus Company.
<br /> I recommend that the City Manager and City Clerk be directed ~o execute this agree~
<br />~en~ in behalf of the City."
<br />
<br />Clerk was adopted.
<br />
<br />Motion of ~r. Weiseman ~hat the con~rac~ be executed by the City Manager and City
<br />
<br /> 58-316 - "I recommend thaz taxes in the amoun~ of $298.39 be relieved from the
<br />Seaboard Air Line Railroad on its general office building which was given zo the City on October 1st, 1958. This
<br />relief covers taxes accruing on the proper~y from October 2nd, 1958 ~o December 31st, 1958. It has been agreed
<br />that th~s pro-ration will be accomplished by the City Council relieving the Seaboard Air Line Railroad Company
<br />of $208.39, the total taxer charged against it based upon the assessment by the State Corporation Commission and
<br />tha~ this amount be deducted from the second half payments of the Seaboard's 1958 taxes. This is the same method
<br />of pro-ration use~ in connection with the purchase of the waterfront property earlier in the year."
<br />
<br /> Motion of Mr. Bartlett to concur i~ the recommendation of the CityManager was
<br />adopted.
<br />
<br /> 58-317 - "I am reporting that I have received proposals from the ~wo architectural
<br />firms in the City of Portsmouth for the remodeling of the first floor o~ the Seaboard Air Line Railroad office
<br />building. I recommend that I be instructed to employ the firm of Williams, Coile and ~lanchard fo~ the prelimi-
<br />nary studies and drawings, working drawings and detail specifications, this work zo be done on time card ~bSE plus
<br />20% overhead and 30% profit, the total of which will not exceed the sum of $5,000.00."
<br />
<br />Motion of Mr. Weiseman that the City Manager's recommendation be approved, was
<br />
<br />adopted.
<br />
<br />- UNFINISHED BUSINESS -
<br />
<br />The following ordinance, placed on first reading 'at last meeting, was taken up
<br />
<br />and read:
<br />
<br />58-301 - "AN OPd)INANCE TO CLOSE THOSE PORTIONS OF KING AND COUNTY STREETS
<br /> WttICH LIE EAST OF WATER STREET"
<br />
<br />On motion of Mr. Weiseman, said ordinance was adopted, and by the following vote:
<br />
<br />Ayes: Baker, Bartlett, Breedlove~Seward, Smith, Walker, Weiseman
<br />Nays: None
<br />
<br /> 58-302 - An appropriation of $1,.500.00 to pay the Seaboard Air Line Railroad
<br />Company for use of par~ing lot adjacent ~o the Seaboard building, p~ace~ on first reading at last meeting, was
<br />taken up.
<br />
<br />the following vote:
<br />
<br />On motion of NLr. Bartlett, $%,500.00 was apprqpriated for said purpose, and by
<br />
<br /> Ayes: Baker, Bartlett, Breedlove, Seward, Smith,Walker, Weiseman
<br /> Nays: None
<br />
<br />58-294 - The following z~ning ~pplications, placed on first reading a~ last
<br />
<br /> 1. Bertha Council to rezone propersy located on the south side of Gosport Rd.,
<br /> beginning 50 ft. west of intersection of Wall St., fronting 7~ ft., on Gosport
<br /> Road by 125 ft. deep; lots 5~ 6 and 7, biock 1, p~ate 348. Application ro re-
<br /> zone from 'C' Two-Family Dwelling District to 'G' Commercial District.
<br /> ~. C~as. E. Russell zo rezone property Ioca~ed on south side of County St., be-
<br />ginning 125 ft. west of intersection of Ninth Ave. and County St., fronting 135
<br />ft. on County St., thence 456 ft. in a'southerly direction along right-of-way of
<br />Belt Line Railroad, Shence 135 ft. in an easterly direction, thence 450 ft. in a
<br />northerly direction along an allgy to county St.,; block 18. Application ~o re-
<br />zone from 'I' Light Industrial ~o "J" Heavy Industrial District.
<br /> 3. George C. Small to rezone proper~y located on the northeas~ corner of Center
<br />Ave. and Oak St., fronting 38 ft. on the north side of Center Ave., and having a
<br />depth of 76 ft. Application to rezone from 'C' Two-family Dwelling District Eo
<br />~F' Local Business District.
<br /> 4. Construction Associates, Inc., to rezone the following property: Parcel no.1.
<br />~roperzy located at southwest intersection of South St. and Hamilton Ave., front
<br />lng 300 ft. on south side of South St.j having s depth of 108.5 ft.; lots l, 3, 5,
<br />7,9,11,13.15,17,19 of block 173. Application to re,one from 'C' Two-Family
<br />Dwellin~ District to 'G' Cormaercial.D%strict.
<br />Parcel No. 2. P~operzy located on northwest corner of 8art St. and Hamilton Ave.,
<br />fronting 300 ft. on south side of Ba~t St., having a depth of 158.5 ft.;~lots 2,4,
<br />6,8~10,12,14,16,18,20 of block 173. Application to rezone from 'F' Local Business
<br />District to 'G' Commercial District.
<br />Parcel No. 3. Property~lo~ated onno~theqst cQrner of Hamilton and Mt. Vernon Aves~
<br />Commencing at this intersection, proceeding in a northerly direction 410 ft. on
<br />Hamilton Ave. to a point (formerly center of Bart~St.), thence easterly zos depth
<br />of 130 ftc, thence following property line for 320 ft. in a southwesterly direction
<br />(to right-of-way of Mt. Vernon Ave.), thence in a southwesterly direction along
<br />
<br />
<br />
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