Minutes 04/12/2005 - Laserfiche WebLink

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April 12. 2005 . The Shea Terrace Civic League has provided written recommendations to add Holladay Street to the list of one-way streets within the City as identified in Article XI, Division 2 of the City Code, and they have also provided a petition signed by the majority of the residents on Holladay Street supporting the one-way status. . Staff concurs with the recommendation. . This item contributes to City Council's vision principle of "Neighborhood and Community Transformation." Financial Impact: . Conversion of Holladay Street to one-way will result in a very minimal financial impact (cost of signage). Motion by Mr. Moody, and seconded by Mr. Whitehurst, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE TO AMEND CHAPTER 22 OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA (1988) BY ADOPTING A NEW SECTION 22-509 TO DESIGNATE A PORTION OF HOLLADAY STREET AS A ONE-WAY STREET." Ayes: Heretick, Moody, Psi mas, Randall, Smith, Whitehurst, Holley Nays: None 05 - 170 - Adoption of a resolution creating and appointing members to a task force that will develop the Flood Plain Management Plan. The City of Portsmouth is a participating member in the National Flood Insurance Program and has recently been informed that it is one of 17 communities in the Commonwealth continuing to participate in the Community Rating System Program. The CRS program provides a reduction in the premiums paid by Flood Insurance Policies. Vision Principle: Neighborhood and Community Transformation. Recommended Action: . Adoption of a resolution creating and appointing members to a task force that will develop the Flood Plain Management Plan for the City of Portsmouth. Summary: . In order to continue in the Community Rating System Program (CRS), which provides for a reduction in the premiums paid by citizens for flood insurance policies, the City of Portsmouth must develop and implement a Flood Plain Management Plan. Purpose and Need: . The City of Portsmouth is a participating member in the National Flood Insurance Program and has recently been informed that it is one of 17 communities in the Commonwealth continuing to participate in the Community Rating System (CRS) Program. . The CRS program provides a reduction in the premiums paid by flood insurance policies. . Because of the flooding associated with Hurricane Isabel, Portsmouth has been declared a repetitive loss community by the National Flood Insurance Program. . To continue in the Community Rating System Program the City of Portsmouth must develop and implement a Flood Plain Management Plan. With the adoption of the Plan, Portsmouth may obtain sufficient points in the rating system to allow an additional reduction in premiums.