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October 27th~ 1942. <br /> <br /> ~ne attached print shows the location of three par~s of a tract of land <br />containing approximately 23 acres and bordering on an arm or branch of Lake Kilby. This land is <br />needed to protect the watershed end a portion of it will be flooded when the da~ is raised two <br />feet~ <br /> We have made arrangements to get a deed for this property in exchange <br />for some timber on parts of tracts ll and 12 of the Lake Kilby property, said tracts adjoiningi <br />lands of 0,B.Benton, o~mer of this property. <br /> The timber involved is of about the same value of the land and we wouldI <br />not be able to sell to anyone except Ar. Benton~ unless he would grant permission to cross his <br />lands for hauling purposes. Also the ~uantity involved is too small, for a logging company to <br />co~sidero <br />I have discussed this with Mr. Barclay and he ~ays it is in order to <br />h~adle by this method, that is, ~o trade the standing timber for the acreage as above outlined. <br /> If you desire Councilmanic aoproval, I would like ~o have something <br />definite at '~t, <br /> ton~on~ s meeting, so we may give ~r. Be~ton a definite answer." <br /> <br /> ~ction of Mr. Fox ~o concur in ~ue Manager's recommendation, said pro- <br />perry to be ap~o~.a~'eed ~ find if the ls~d and timber are of equal value, was adopted and by the <br /> <br />14th <br /> <br />follo~Ang vote: <br /> <br />Ayes: <br /> <br />Nays. <br /> <br />Leigh, Fox, Grimes, Hall, Howard, Hutchins, Lawrence, <br /> Warren, Wilson <br />None <br /> <br />The Manager presented the folloving resolution: <br /> <br />following vote: <br /> <br /> RES~LU,ION AOOEPTING THE OFFER OF THE Ui~iTED <br /> -STATES OF A~MERICA - Docket VA 44-269 Portsmouth <br /> Water Facilities - <br /> <br /> ~, there has been filed with the Federal Works Agency <br />for and in behalf of the City o f Portsmouth, Va., ~herein called the <br />,Owner~'), an ~oplication for Federal assistance under the Defense <br />Public Works Progress, and the United States of America, acing by and <br />through the Federal Works Administrator~ has transmitted to the Own- <br />er an Offer of Federa! assistance in con_.ectzon wi un the publzc works <br />referred to in said application and described in said Offer; and <br /> WTEE~AS, said Offer has been duly read in open meeting ~ud <br />has been fully c6nsidered.in every resp&ct in accordance ~Lth the per- <br />tinent r~les of procedure end legal requirements; and <br /> ~L~AS, said Offer has been made a part.of the public records <br />of the Owner; and <br /> WHEPLEA~, it is deemed advisable and in the public interest <br />that said Offer 'ce accepted: <br /> NOW, THEBEFORE, Be ~t Resolved ~y the City Council of the <br />City of Portsmouth, Virginia~ that the said Offer of the United <br />States of America, a true and corre¢~ copy of w~hic~ is hereto at <br />tached, be and the same hereby is Accepted without reservation o r <br />qualification. ~ <br /> <br /> On motion of Mr. Hutchins, said resolution was adopted, and by the <br /> <br /> yes. Leigh, Fox, Grimes, Hall, Howard, nu~cn~ns, Law- <br /> rence, ~Tarren, Wilson <br />Nays: None <br /> <br />- UNFINISHED BUSINESS - <br /> <br />house at Lake <br /> <br /> I~%tion of Mr. <br />adopted, and by the following vote: <br /> <br /> ~yes: <br /> <br /> Nays: <br /> <br /> Request of the Manager for an appropriation of $4,000.00 to build a <br />Cahoon, placed on its first teasing at last meeting, was t~en up. <br /> <br />Howard ~o appropriate $4,O00.OO for said purpose, was <br /> <br />Leigh, Fox, G~me~, Hall, Howard, Hutc~ns, <br /> Lawrence, ~arren, ~ilson <br />None <br /> <br /> The Commissioner of Revenue presented.the following assessment <br />for the year 1942: <br /> ~I here~_tn report the follm~ing taxe2ole values of <br />ble personal proper~y ~o~ the C_~y of Portsmouth for the year 19k. 2: <br /> <br /> ~axI <br />real estate and tangi- <br /> <br /> P~AL ESTATE <br /> <br /> VALUE OF LOT~ Value-BUILDINGS TOTAL VALUE GENEP~L TAX 2.~ EACH INSTALMENT <br />~hite 9',25~,520.OO ' ~16,323,130-OO ~5,582,750-OO 639,558-83 31~,? <br />Colored 8S¢,170.00 2,O~2,810.OO 2;888,980.00 y2~ . 3~,11~.26 <br /> <br />Total 10,145,790.00 18,325,94OOO0 28,471,730.OO 711,793.36 335,896.67 <br /> <br />SUPPLEMENTAL & AD~JST~mNT$ <br /> <br />m~te- Total 7,0SO.CO 18,55p.00 25,630.00 640.75 3 o.37 <br /> <br /> <br />