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I al~o report values for Personal Property omitted for the year 1934 as follows: <br /> <br /> Personal Property Tax <br /> <br /> $ 1745.oo $ e5 <br />These amounts Mve been reported to the 0ity 0ollector for collection. <br /> <br /> Eotion of Mr. Oast tb~t the <br />for Collection, was adopted. <br /> <br /> Respectfully submitted, <br /> <br /> R.L. Hutohins, <br /> Oommissioner of the Revenue." <br /> <br />Auditor charge said e~ount to ~he Oity 0olleotor <br /> <br />up and read: <br /> <br />The following ordinance, placed on its first reading, November 27th, was taken <br /> <br /> "AN ORDINANCE AUTHORIZING THE BOi~ROWiNG OF TWO HUNDRED <br />THOUSAk~ ($202,000.00) DOLLARS IN ANTICIPATION OF THE COLLEC- <br />TION OF THE RE~rE~E OF 1935, AND PROVIDING FOR T~£ ISSUkNOE <br />OPA NOTE OR NOTES THEREFOR.,, <br /> <br />On motion of Er. <br /> <br /> Ayes: Brooks, <br /> Nays: None. <br /> <br />Oast, the ordinance was adopted, and by the following vote: <br />Fox, Hutchins, Noore, Oast, parrish, Stewart <br /> <br />- NEW BUSINESS - <br /> <br />The following letter was read: <br /> <br />To the Honorable City Oouncil, <br />Portsmouth, Virginia. <br /> <br />"VIRGINIA E~CTRIO & POWER. C0~PANY <br /> Richmond, Virginia. <br /> December 6, 1934. <br /> <br /> Gentlemen: <br /> You requested me, upon the occasion of our meeting wi th yon on the evening of <br />November 2?th, that we submit, in w~iting, the Company's proposal.relative to the complete <br />substitution of bus for street railway service in Portsmouth. <br /> . This company.recognizes that wherever practicable, more modern urban transpor- <br />tation is be~D~ provided by the substitution of buses for street cars. It has consistently <br />followed this policy whenever conditions would permit, and in the case of Portsmouth, desires <br />to make the following proposal: <br /> The Comoany will convey title to the City to all tracks in the streets as well <br />as title to any right~ of way we may own, on which ottr tracks are located within the Oity lim- <br />its of Portsmouth, reserving the right on any orivate rights of way which may be conveyed to <br />the City, to operate its electric lines on such rights of way. The tracks are to be the pro- <br />perty of the City of Portsmout~ for such disoosition as the. City may care to make of them. <br /> We will agree, at our expense, to take down the overhead trolley li~s end re- <br />move within the City limits all poles which are used exclusively for railway service. <br /> In consideration o f the Oity's assumption of responsibility for the tracks under <br />this plan and. our receiving authority to operate, as noted abo~e, an all bus service, we will <br />after the passage of tke appropriate Ordinances in form to be agreed upon between the City and <br />the Company; ~pon'the execution, of the necessary'papers involved; and upon receipt of approval <br />of the State uorporation Commission oermitting us to substztute bus service in the Oounty for <br />the stree~ railway service ncw being ~urnished on the Cradock Line, pay to the Treasurer of the <br />City of Portsmouth the sum of $65,000, <br /> Yours very truly, <br /> <br /> J. G. Holtzclaw, President., <br /> O~ motion, referred to the soecial committee apoointed to consider aoolication <br />of the Virginia Electric ~ Power Company t~ replace street-ca~s with buses, and th~~ City. Ean- <br />ager. - <br /> The following bill was referred to the City At~ rney: <br /> <br /> "Portsmouth, Va., <br /> December 3rd, 1934. <br /> <br />To City of Portsmouth: <br /> <br />Va., for turning in false alarm on November lSth, <br />Court December 3rd and fined $50.00 and cost. <br /> <br />For arrest and conviction of Robert Walden, 2818 Glasgow Street, Portsmouth, <br /> 1934, at 6~ly P.N. Was tried in Police <br /> $50.00 <br /> <br />The following letter was read: <br /> <br />"On Nonday evening, Dec. 10th, the <br /> <br />W. C. Gray,'. <br /> <br />Helping Hand zsszon and St. Vincent De Paul <br /> <br /> <br />