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Minutes 05/27/1997
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Minutes 05/27/1997
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City Council
City Council - Type
Adopted Minutes
City Council - Date
5/27/1997
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1.4.2 <br /> <br /> WHEREAS. in recognition of the Partnership's role in implementing the Plan's <br />joint activities, the Partnership's executive committee formally requested that the <br />Hampton Roads Mayors and Chairs caucus support distributing all 1997 RCP funds <br />received by the region directly to the Partnership (distribution methodology), and the <br />Mayors and Chairs caucus approved the request; and <br /> <br /> WHEREAS, prior to completing the application process, the RCP guidelines <br />require that each mumc~pality designate by resolution approval of the region's RCP <br />~ncentive funds distribution methodology; and <br /> <br /> WHEREAS the Council of the City of Portsmouth, Virginia. has reviewed the <br />RCP and supports the Partnership's efforts to carry out the provisions of the RCP <br />and apply for monetary incentives on its behalf. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Portsmouth, Virgima, on behalf of the City of Portsmouth. Virginia, that: <br /> <br /> 1. The Council recognizes the Hampton Roads Region as a region <br />contemplated by the Act and hereby declares itself to be a member of and a <br />participant in the Hampton Roads Region. <br /> <br /> 2. The Council supports the Partnership's efforts to carry out the provisions of <br />the RCP and apply for monetary incentives on its behalf. <br /> <br /> 3. The Council approves the RCP fund distribution methodology and <br />authorizes the Partnership to receive on its behalf all 1997 incentive funding." <br /> <br />Ayes: Benn, Clemons. Griffin, Martin, Pitts. Robinett, Holley <br />Nays: None <br /> <br />97-159- <br /> <br />Adoption of a resolution authorizing the City Manager to convey a <br />parcel in PortCentre to the Portsmouth Industrial Development <br />Authority for the Armada Hoffler office building. <br /> <br />Recommendation: <br /> <br />· Adoption of a resolution authorizing the City Manager to convey a parcel to the <br /> Industrial Development Authority (IDA) for the Armada Hoffler office building site. <br /> <br />Put.-. ose and Need_: <br /> <br />· This property is a portion of PortCentre Commerce Park which is needed by IDA <br /> for construction of an office building. <br /> <br />· The City Manager needs authorization to make the conveyance and tc execute <br /> any other documents necessary to complete this transaction. <br /> <br />· This conveyance will provide for a significant building site for development in <br /> Por[Centre which will translate into increased revenues, as well as enhance <br /> further development of the area. <br /> <br /> Motion by Mr. Martin, and seconded by Mr. Pitts, to adopt the following <br />resolution, and was adopted by the following vote: <br /> <br /> "A RESOLUTION AUTHORIZING THE CITY MANAGER TO CONVEY A <br /> PARCEL OF LAND IN PORTCENTRE COMMERCE PARK TO THE INDUSTRIAL <br /> DEVELOPMENT AUTHORITY OF THE CITY OF PORTSMOUTH. VIRGINIA. <br /> <br /> <br />
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