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October 13tb 1953. <br /> <br />At a regular meeting of the City Council, held on October 13th. 1953, there were <br /> <br /> Fred A. Duke, Frank N. Bilisoly,Jr., R. E Hawks, C. C Houghton,Jr , <br /> James N. Howard, Edgar W. Lawrence, R. Irvine Smith, C E. Warren, <br /> Pearle J Wilson, I.G. Vase, City Manager, and R.C.Barclay, City Attorney <br /> Minutes of regular meeting of September 22nd. 1953, were read and approved <br /> The following committee report was presented: <br /> "Your Committee appointed to make a recommendation on the purchase of the property at <br />106 London Street, for a new' Child Care Center, wishes to make the following recomme~d~gion: <br /> We recommend That this property not be purchased as we do not <br /> feel the building is suitable for use as a Child Care Center &nd it would <br /> be too costly to convert the property for this purpose. <br /> <br />Yours truly, <br /> <br />~. N. Howard <br />Frank N~ Bilisoly <br />R E. ~awks, Committee Chairman. <br /> <br />ing: <br /> <br />Motion of ~r. Houghton to concur in the recommendation of the Committee was adopted. <br />The following reports from the City Manager were read: <br />let - "I submit the attached ordinance and recommend that it be placed on first read- <br /> <br /> "AN ORDINANCE TO pROVIDE FOR THE EXTENSION OF THE CORPORATE LIMITS ~F THE <br /> CITY OF PORTSMOUTH, VIRGINIA, IN PURSUANCE OF THE PROVISIONS OF TITLE 15. <br /> CHAPTER 8, OF THE CODE OF VIRGINIA, 1950, BY THE ANI~EXATION OF CERTAIN <br /> TERRITORY IN THE COUNTY OF NORFOLK, VIRGINIA, TO SET FORTH THE ~ETESAND <br /> BOUNDS OF THE TERRITORY PROPOSED TO BE ACQUIRED, THE NECESSITY FOR AND THE <br /> EXPEDIENCY OF SUCH ANNEXATION AND THE TER~S AND CONDITIONS UPON WHICH T~E <br /> CITY DESIRES TO ANNEX SUCH TERRITORY, AS WELL AS THE PROVISIONS WHICH ARE <br /> MADE FOR ITS FUTURE ~ANAGE~ENT AND IMPROVEMENT" <br /> ~( Motion of ~Ar. PL~wks to suspend the rulesto hear from ~r. Kelley, representing the <br />Virginia Electric a~d Power Company, was adopfed. <br /> ~tr Kelley spoke and presented a statement of the Virginza Electric & Power Company <br />opposing annexation. <br /> Motion of ~r~ Howard to place the ordinance on first reading was adopted, and by the <br /> <br />following vote: <br /> <br /> Ayes: Duke, Bilisoly, Hawks, Houghton, Howard, Lawrence, Smith, <br /> Warren, Wilson <br /> Nays: None. <br /> <br /> 2nd - "I submit a proposal from the firm of Hayes, Seay, Nattern and Nat~ern <br />representing the City in the proposed mnnexation case and recommend that the City Manager be authorized and di- <br />rectedto employ this firm for the above purpose." <br /> Motion of k~r. Bilisoly to concur in the recommendation of the City Manager was adop~e¢ <br /> 3rd - "In order to defray the expenses for the preliminary work in connection with <br />the preparation of the annexation case, I recommend that the sum of $3,000.00 be transferred from the Contingent <br />Fund to an account on the cost of annexation." <br /> Motion of Mr Smith to concur in the recommendation of the City Manager was adopted. <br /> <br /> 4th - "I submit the attached report of the Sinking Fund Commissioners and recommend <br />that it be spread upon the minute books of the City Council." <br /> Motio~ of F~r~ Howard that the.report be received and.entered into the minutes of the <br />City Council was adopted. <br /> <br />"Statement Genera] Sinking Fund as of June 30th, 1953 <br /> <br />Cash <br /> Balance 12/1/52 <br /> <br />684,778.65 <br /> <br />Receipts - <br /> Interest~en Bonds <br /> InterestonDeposits <br /> Bonds Matured <br /> <br />Total Receipts <br /> <br /> 17,567.50 <br /> 1,011.71 <br />101,000.00 <br /> <br />119,579.21 <br />804.357.86 <br /> <br />540,000.00 <br />264,357.86 <br /> <br />Disbursements - <br /> Bonds Retired <br /> <br />Balance 6/30/53 <br /> <br />Total Disbursements <br /> <br />540.000.00 <br /> <br /> <br />