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At a regular meeting of the City Council August 2~th there were present:
<br />
<br />Messre-~ Vernon Brooks, E.W. Maupin, Jr., j. C. Smith,
<br /> . J. R.. Stewart, R.E.B. Stewar~, ~. G. ~hite, 6.
<br /> Also ~the City Nanag~r.
<br />
<br /> The minmtes of the regular meeting AUgust lO,h were read and were approved.
<br />
<br /> The 01erk delivered to the presiding officer of the Oouncil in open session, and the
<br />presiding officer presented ~o the Council the bid of the Virginia Electric & Power Company,
<br />for the franchise, rights and privileges advertised for sale by the ordinance entitled:
<br />
<br /> · AN ORDINANOE to provide for the granting by the City of Portsmouth, Virginia,
<br /> to the person or persons or to the corporation hereafter to be ascertained
<br /> in the mode preseribed~y law, the~ frauchise, right and privilege to con-
<br /> struet, maintain and operate by electricity or any other motive power ex-
<br /> cept steam permitted by the Council of the City of Portsmouth, for the
<br /> term a~d upon the ~onditions hereinafter stated, a street railway or rail-
<br /> ways, together with all curves, turn-outs, connections, pole lines, overhead
<br /> and underground wires, cables, conduits amd applia~uees to be used in the
<br /> operation thereof or in connection therewith, upon certain of the streets,
<br /> alleys and public places of the City of Portsmouth,. amd the right to use
<br /> said streets, alleys and public places hereinafter mentioned for ~ch pur-
<br /> poses,~
<br />
<br />which was adopted by the 0ouncil of the 0ity of Portsmouth, July 21st, 1928, together with
<br />two certified checks d~awn~on the Amerio~u National Bank, Portsmouth, Virginia, one for-Five
<br />Hundred~ollars, to cover the amount of the bid, and the other for Five 2housand Dollars, to
<br />be held upon the condition set forth in the above entitled ordi~-uee, which bid as relieve
<br />the presiding officer cause~ to be read aloud for public information a~d then inquired if
<br />any further bids were offered and no further bids being offered the presiding officer de-
<br />clared the bidding closed a~dreported that this was the only bid received:
<br />
<br />"August ~O, 1926.
<br />
<br />TO THE COUNCIL OF THE OITY OF PORTSMOUTH:
<br />
<br /> The Virginia Electric and Power Come, any hereby submits its bid ~f Five Hundred Dollars
<br />($500.00) for the franchise, rights and privileges proposed to be g~anted by the ordinance
<br />entitled~
<br /> "AN ORDINANOE to provide for the granting by the City of Portsmouth,
<br /> Virginia, to the person er persons or to the corporation hereafter
<br /> to be ascertained in the mode prescribed by law, the franchise, right
<br /> and privilege to construct, maintain and operate, by eleetrieity~or
<br /> any other motive power e~oept~ steam permitted by the Oouneil cf the
<br /> City of Portsmouth, for the term and upon the conditions hereinafter
<br /> stated, a street railway or railways, together with all curves, turn-outs,
<br /> oanneettons, pole lines, overhead and underg~omndwires, ¢ables, ~e~duits,
<br /> ~d~appliances to be used in the operation thereof or in connection
<br /> therewith, u~on certain of the s~eets, alleys and publi¢ places of
<br /> the City of Portsmouth, and the right to us, e said streets, alleys and
<br /> public places hereinafter mentioned for such purposes"
<br />
<br />w~ich was adopted by your honorable body on July 21st, 1926, and has been duly advertised
<br />in accordance with law.
<br />
<br /> There is enclosed herewit~ certified checks on the American National Bank, Portsmouth,
<br />Virginia, one for the sum of Fmve Hundred Dollars ($500.00), the amount of this bid and
<br />the other for the sum of Five Thousand Dollars($5,000.O0), which is to be held by the 0ity
<br />Olerkupon the conditions enumerated in Section 13~of the f~anchtse ordin~nce, and to be
<br />returned to the mndersigned as provided in sub-section #~" Of said Section 13.
<br />
<br /> VIRGINIA ELEOTRIO AND POWER OOMPANT,
<br />~y F. J. McLaughlin, Vice-PTesident.
<br />
<br />SEAL:
<br />
<br />Attest:
<br />
<br />A. E. Dickson, Asst. Secretary."
<br />
<br />The Chair referred the bid to the Transportation 0ommittee.
<br />
<br />The following report was ~e~drfrdm the Finance 0ommittee:
<br />
<br />Referred August 10th
<br />
<br /> Oommantoatlon from the City Manager stating that the appropriation for advertising is
<br />exhausted and recommending a ~soe¢ial ~ppropriation of $1,000.O0 to cover eventualities for
<br />the remainder of th~ Year 1926.
<br /> It is recommended that said ~ppropriation be not made.
<br />
<br /> Petition of F. Russo and other citizens and taxpayers of the 0ity of Portsmouth red, est-
<br />lng that Oouncil ask the Judge of the Court of Hus~imgs for the 0ity of Portsmouth to appoint
<br />aboard of Equalization to consider present tax assessments against property in ~he City of
<br />Portsmouth.
<br />
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