Minutes 10/12/2004 - Laserfiche WebLink

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October 12, 2004 · The lease provides for this temporary location of the Railroad Museum of Virginia, Inc., a 501(c)(3) charitable organization. This agreement will facilitate fundraising efforts toward the Museum that will speed the restoration of the railroad cars located on the site. Financial Impact: · The property would be leased to the Railroad Museum of Virginia, Inc. for $1.00 per year. · With the configuration of the parcel, it is unlikely that it could be used for any other purpose. 1. Mark Geduldig-Yatrofsky, 363 Middle Street, spoke on this item. 2. Willard J. Moody, Sr., 500 Crawford Street, spoke in support of this item. Motion by Ms. Psimas, and seconded by Mr. Heretick, to adopt the following resolution, and was adopted by the following vote: "A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE WITH THE RAILROAD MUSEUM OF VIRGINIA, INC. FOR A PORTION OF THE FORMER CSX RAILROAD RIGHT OF WAY LYING EAST OF PORTCENTRE PARKWAY. BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that the City Manager be, and he hereby is, authorized to execute an agreement with the Railroad Museum of Virginia, Inc. to lease to the museum under such terms and conditions as he shall deem appropriate and in the best interest of the City of Portsmouth for the following described property, to-wit: All that certain piece or parcel of land, situate in the City of Portsmouth, Virginia, being a portion of the former railroad right of way granted to the City of Portsmouth by CSX Transportation, Inc. by deed date September 13, 2000 and duly recorded in the Clerk's Office of the Circuit Court of the City of Portsmouth, Virginia in Deed Book 1311, at page 122, being 37.50 feet in width and 467.00 feet more or less, and running from the east right of way line of Portcentre Parkway eastwardly 467.00', more or less, as measured along the centerline of the track located thereon to the terminus of the track. BE IT FURTHER RESOLVED that the Manager is authorized to execute such plats or other documents that may be required to carry out the intent of this Resolution." Ayes: Heretick, Moody, Psimas, Randall, Smith Nays: None - City Manager's Report - 04 - 395 - Adoption of an ordinance to amend the FY 2004-2005 Operating Budget for the purpose of security enhancements and renovations to the facilities in the Office of the Commissioner of the Revenue and to appropriate $50,000 of additional estimated revenue from the Commonwealth for this purpose. The Commissioner of the Revenue has requested various improvements to the office design for day-to-day security for staff and citizens. Recommended Action: Adoption of an ordinance to amend the FY 2004-2005 Operating Budget for purpose of security enhancements and renovations to the facilities of the Office of the Commissioner of the Revenue and to appropriate $50,000 of additional estimated revenue from the Commonwealth for this purpose.