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belongs to the Atlant~c Cea st ~ne Railroad
<br />described therein as Parcel aAx. This property ' L~ ~ ~
<br />and adjoins the Naval Hospital. Parcel ~A" is the e~d of Pa~k Avenue, which may at sometime
<br />have been an open road, and ~I-do not see where the City has been damated in the taking of thiel
<br />land and the check should be accepted."
<br />
<br /> ~,~Ioti~ of ~. Duke to concur in the Attorney's reco~endation, was
<br />adopted.
<br />
<br /> 3rd - "On Narch l~t_h,~ 19~3, the City signed a lease agreeing to
<br />rent to the United States a portion of the Pest house and ALushouse tracts of land at the ~ent?
<br />al of $80~.~. The Government officials never returned the lease audon June ~ 19~, filed a~
<br />Decla~tion_ o f Taking in t ~ United States District C ou~t for the Eastemn District of Vi~ginia~_
<br />for the useo£ land. There is n~; five years rental due to the City to ~;S. arch 29th, 1948, and
<br />I have agree~ with the Special Assistant to the District Attorney on a Stip~_lation for the
<br />purpose of getting a co~urt order to pay the ~oney.~
<br /> i request that the City Eanager be authorized ~ sign the
<br />attached stipulation. ~
<br />
<br />was adopted.
<br />
<br />~o~on of ~=zard to concur in the Attorney's recon~uendation,
<br />
<br /> 4th - "At an election h eld on November 4th, 1941, au ordinance was
<br />approved authorizing the City Council to issue Si,V00,000.00 of Sanitation Bonds for the pu~-
<br /> · t i t the war whichwa th nbe~n wa ed
<br />pose of constr~ctzng a sewage ~reatment sys em. 0wng o s .e '.g g.
<br />in Europe, and z n which the Unzted States shortly thereafter became engaged, it was ~mpossmble
<br />to secure materials and the construction Of the ~eatment plant was postponed. The plant is no~
<br />under construction and will be placed in operation the latter pa~t of this year and it is nec-
<br />essamy for bonds to be issued.
<br /> The ordinance Whichw as approved inlg&l p~ovided for fot~v
<br />per cent term bonds payable ~hirty yea~s after their date, and owing ~ the lapse of time sinc~
<br />the election approving the bonds, the bond attorney~ prefer that anothep ordinance be appr~ ed,
<br />Furthermore the City c an probably sell the bonds at less than three pe~ cent interest and the~
<br />will be a decided advantage in selling' sez~ial bonds. A difference in one per cent interest on
<br />the a~ount~ of the bonds will save $~10,000~00 over a period of thirty years.
<br /> I have orepa~ed aa3. ordina~ce ~ppr~ved b? the bond attorneys
<br />which I am submitting herewith, and I suggest that mt be adOPtea aD_a submztted to the elector-
<br />ate o£ the City at a special electionwhich canb e held on the same date of the August primary.
<br /> ;~hile the ordinance provides ~op the same mnoumt of bonds
<br />authorized in 1941 the system wall cos~ considerably more mone? than was estimated at that date
<br />It is estimated to cost about $~,800,000.00; and afte~ deductzng the government's contribu-
<br />tion leaves about $~,1~0,000, The difference between this last amount and the amount of the
<br />bonds must be taken c~re of fromthe general fund, and the general fund should be reimbu~sed
<br />fromr evenues of the plant.~
<br />
<br />dinance, was adopted:
<br />
<br />~obion of ~r. Howa~d~to place on its first re~ding the following or-
<br />
<br /> ~'AN 0P/)INANCE TO AU~t!_0HIZE THE ISSD-E OF ONE NILLION AND
<br />SEVEN H-_o~DRED THOUSA~ND DOLLARS OF BONDS TO BE KNOV~N A S SANI-
<br />TATION BONDS, FOR THE PURPOSE OF ESTABLISHING AND CONSTRUCT-
<br />IEG A SEWAGE TREATNENT SYSTE~, AND TO REI~B~qk~E THE G~HtERAL
<br />-FUND OF THE CITY FOR ~0NEY PAID FR0~fSUCH ~-w3~D FOR THAT PUR-
<br />POSE AND FOR ~ iNG OR REFUNDING EXISTING INDEBTEDNESS IN -
<br />CURRED FOR THAT PURPDSE~ PB-RSUANT TO ~ECTION l~, CI~kUSE B,
<br /> OF THE CONSTITUTION OF VIRGINIA, AND CHAPTER 9 OF THE ACTS OF
<br /> THE GENERAL ASSE~BLT OF VIRGinIA, 1948, ADDIN~ A KEV;~ SECTION
<br /> TO T~ C._W~RTEH OF THE CITY OF PORTSEOUTH, ENOV~AS CHAPTER 1Z,
<br />
<br />der~d filed.
<br />
<br />The report of the City Audito~ fop ~y, 1948, was received and or-
<br />
<br />ing, was
<br />adopted,
<br />
<br /> - UNFINISH~ BUS~S -
<br />
<br />An appropriation of $120~00 for election, laid on table a~ last meet
<br />
<br />taken up,
<br />
<br />and by the following vote:
<br />
<br /> Ayes:
<br />
<br />~otion o f ~. Ho~d to appropriate. S120.00 for said purpose, was
<br />
<br />Nays:
<br />
<br />Barclay, Duke, Henderson, Houghton, Howard,
<br />Sturtevant, '~lson
<br />None
<br />
<br /> An appropriation ox~ ~500.00 for a fence on the north side of Oak
<br />Grove Cemetez~y, laid on table at last n~etZno, was taken up~
<br />
<br /> ~o~ion of ~. Henderson to appropriate $800~00 fo~ said purpose, was
<br />adop'ted, and by the &ollowzno vote:
<br />
<br />nays -
<br />
<br />Barclay, Duke, Henderson, H ou~_ton,
<br />Sturtevant, Wilson
<br />None
<br />
<br /> Au appropriation of ~1~,500.00 from annexed ter~ztor~ funds to pum-
<br />chase a crane, !aid on table at last meeting, was taken up.
<br />
<br />
<br />
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