Minutes 10/29/2002 - Laserfiche WebLink

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October 29, 2002 · One of the educational facilities' improvements includes funding for the relocation of the Portsmouth Campus of TCC from Suffolk to Portsmouth (approximately $25 million). Other TCC projects include a sciences building at the Virginia Beach Campus and a regional automotive workforce development center at the Chesapeake Campus. Financial Impact: · The City incurs no financial liability from adoption of this resolution or passage of the higher education referendum. · The new location of the TCC Campus will provide more convenient access to higher education opportunities for Portsmouth citizens. · There will be both direct and indirect economic benefits resulting from the relocation of the TCC Campus into the Portsmouth city limits. This Campus will bring in students from across the region into Portsmouth and will assist in providing a more readily available, highly educated, and productive workforce for local businesses and industries in Portsmouth and Hampton Roads. 1. Mark Geduldig-Yatrofsky, 363 Middle Street, spoke in opposition to this item. Motion by Mr. Benn, and seconded by Mr. Moody, to adopt the following resolution, and was adopted by the following vote: "A RESOLUTION ENDORSING THE CONSTRUCTION AND CAPITAL IMPROVEMENT PROJECTS FOR INSTITUTIONS OF HIGHER LEARNING WHICH ARE THE SUBJECT OF A REFERENDUM AND GIVING THE VOTERS OF THE CITY OF PORTSMOUTH AND THE REG1ON THE OPPORTUNITY FOR PASSAGE OF THE REFERENDUM ON NOVEMBER 5, 2002. WHEREAS, the General Assembly has approved legislation authorizing a referendum question concerning the issuance of general obligation bonds of the Commonwealth of Virginia for higher education facilities; and WHEREAS, the amount of the bonds is $900,488,645, and the proceeds will be used for facility improvements at Norfolk State University, Old Dominion University, the College of William and Mary, the Tidewater Community College system, and other institutions throughout the Commonwealth; and WHEREAS, in particular, the proceeds from the bonds will finance the relocation of the Portsmouth campus of Tidewater Community College from Suffolk to Portsmouth, an action that will be of immeasurable benefit and convenience to the citizens of Portsmouth.. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia: 1. That it hereby endorses the construction of the proposed facilities for the Commonwealth's institutions of higher learning. 2. That it hereby endorses and pledges to support passage of the bond referendum for higher education on November 5, 2002. 3. That it hereby endorses giving the citizens of the City of Portsmouth and the Commonwealth the opportunity to vote to pass the bond referendum for higher education on November 5, 2002." Ayes: Benn, Griffin, Moody, Pitts, Randall Nays: None