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An Ordinance to Prohibit the Issuance of Licenses and Permits Required by the Ordinances <br />of the Oity of PortsmoUth unless a~ud until the Person Applying i~nerefor shall Exhibit Tax <br />Receipts or aertificates showing that the Personal Property Taxes Assessed and AssessaBle <br />Against such Person for the Preceding Tax Team have been Paid,/and Making Penalties for~ the <br />Violation Thereof. <br /> <br /> On motion of Mr.~ Stewart (R.E.B.), the ordin~nce was placed on its first reading. <br /> <br /> The following communications were read from the Oity Ms~ager: <br /> 1st. "Mr. Thecd. W. Hotzo- <br />fulos h~s notified us that he will have to give up the one stere which we have rented at the <br />mamket as he is losing monody under present conditions. <br /> <br /> ~ne Director of Public Welfare recommends that we reduce, his rent to~ $50,.00 for the time <br />being. I concttr in this recommendation." <br /> <br />On motion of Mr. Oast, the recommendation was concurred in. <br /> <br /> 2nd. "I am forwarding herewith a cormmmaication from Dr. L. J.~ Roper, recomm2ndlng that <br />an a~vertisement of the City Market be placed ,in the Norfolk Ledger Dispatch, the. Raleigh News <br />Observer and the Independent of Elizabeth 0ity. <br /> <br /> It is thought that this advertisement should be inserted twice a week for a month. <br />The expense will probably be $100.00 to $125.00. <br /> <br />ApProval is recommended' and a special appropriation of $125.00 requested for the <br /> <br />On motion, the com~nication was referred to the Finance Committee. <br /> <br /> 3rd. Stateme~t~of the following lot sold in Oak Grove 0emetery during the month of <br />April, 1925: <br /> <br />April 17th, to J. E. Davis,,lot No. 95-A, Ave. H. <br /> <br /> On motion of Mr. Brooks, the 0ity Attorney was instructed to draft deed for the lot <br /> and the proper City Officials instructed ~to execute same. <br /> <br /> ~th. "I am inclosing herewith m resolution which the Portsmouth ImprOvement 0ompany is <br />extremely anxious to get disposed of tonight if possible. Briefly stated, it involves the <br />con'sent of the 0ity to encumber the interests of the Portsmouth Improvement 0ompany in the <br />property belonging to the Gity heginning 52 ft. 2 in. east of the north~mat intersection of <br />Court and High Sts. and fronting on HighSt. 130 ft. The resolution expressly states that it <br />does not affect ~ny of the rights as lessor and shall not be construed as givir~g a fee simple <br />title to the property. <br /> <br /> The Portsmouth Improvement aompany expects to immediately put improvements on this <br />property amounting to $190,000.00 and it seems to me to the City's interests, if there is no <br />legal bar, to pass this resolution and I s~ recommend. A similsm resolution,, copy hereto at-' <br />tached, w~s passed by the City 0ouncil October E4th, <br /> "WHEREAS, the Oity of Portsmouth is the owner of a parcel of land situated on the No~th <br />side of High Street, beginning at a point 52 f~et, ~ inches, east of the northeast intersection <br />of Ocurt and High Streets, fronting on High Street, 130 feet, with ~ depth~of ll3 feet,.~ich <br />parcel of land was leased by the Trustees of the Town of Portsmouth to William King, Willmam <br />Barnard, David A. Reynolds and Eliza Ee~enan, by 99 year leases, renewable forever; and <br /> <br /> WHEREAS, the Portsmouth Improvement 0omp~uy is now the holder of said leases; and <br /> <br /> WHEREAS,~ the Portsmouth Improvement 0ompanyis ab~t to borrow $190,00~, from the Massa- <br />chuset~s~NUtu~l Life Insurance Oompany of Springfield, M~ssachusette, to be secured by ~ deed <br />of trust on its interest in the property above mentioned~ together with other real estate <br />owned by it; and <br /> <br /> WHEREAS, said M~ssaohusetts Mutual Life Insurance 0ompany desires the consent of the City <br />of Portsmouth to the execution'of a deed or.trust on said proper~y and~ the Portsmouth Improves- <br />merit Company has ~pplted to the 0ity for such consent. <br /> <br /> NOW~ EFJ~EFORE, BE IT RESOLVED by the Council of the City of Ports curb, <br />of the 0ity is given to the Portsmouth Improvement 0ompany. to encumber ~th~ interestthat theof consentthe <br />Portsmouth Imorovement 0ompany in the said property above mentAoned, to secure a sum not <br />exceedi~ng $I9~,000, but it is expressly understood that the 0ity of Portsmouth, ~ giving its <br />consent te the Portsmouth Improvement 9ompany, to encumber its interest in said ~roperty, ~does <br />not release or relinquish mn~ of its rmghts as lessor in said property, nor sh~ll the se~id~ <br />consent be construed as givl~ to the Portsmouth Improvement Company , or its assignee, or <br />grantee, ~he fee simple estate in said property." <br /> <br /> Mr. Brooks moved that the resolutiona~opted by the Council October ~4, 1922, be rescind- <br />ed and that the ~bove resolution be adopted. The motion was adopted. <br /> <br /> 5th. "Due to injury in line of duty while repairing an automobile belonging to the Oity, <br />Police Officer W. J. Pate lost twenty-one days from April 1st to April 21st. <br /> <br /> It is requested that I be authorized to pay him for the time lost." <br />On motion, the communication was referred to the Finance Oommittee. <br /> <br /> <br />