Minutes 11/23/1993 - Laserfiche WebLink

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November 23, 1993 WHEREAS, Section 36-55.39 (B) provides that VHDA shall, prior to the approval of financing of any proposed multi-family residential housing development, find that the governing body of the locality in which such housing development is to be located has not, within sixty (60) days after written notification of the proposed financing, certified to VHDA in writing its disapproval of the proposed multi-family residential housing development; and WHEREAS, the Council of the City of Portsmouth, Virginia, has considered the development proposal and has not certified in writing its disapproval of this proposed re-financing within the sixty (60) day time perlod. NOW, THEREFORE, BE IT RESOLVED that the Council of the City of Portsmouth, Virginia, in accordance with Virgania Code Section 36-55.39 (B) expresses to the Virginia Housing Development Authority its approval of the proposed re-financing of the multi-family residential housing development called Cradock Colonial Apartments as described above. BE IT FURTHER RESOLVED that the Mayor is authorized to issue a Certification of Approval on behalf of the City Council to the Virginia Housing Development Authority." Ayes: Clemons, Epperson, Griffin, Hawks, King, Pitts, Webb Nays: None 93-458 Letter from the City Manager recommending adoption of a resolution to convey title of a closed portion of Reed Avenue to Portsmouth Redevelopment and Housing Authority (PRHA). "On November 9, 1993, Council closed a portion of Reed Avenue lying adjacent to Ballard. The ownership of that closed street is the City of Portsmouth under a receiver's deed. In order that PRHA have title to the street it is now necessary that the City convey to PR}IA our fee simple interest. I, therefore recommend that the Council adopt a resolution authorizing the City Manager to convey the closed portion of Reed Avenue to PRHA." Motion by Mr. Clemons, and seconded by Mr. Epperson, adopt the following resolution, and was adopted by the following vote: to "A RESOLUTION AUTHORIZING THE CITY MANAGER TO CONVEY A PORTION OF REED AVENUE (CLOSED AND VACATED) TO PORTSMOUTH REDEVELOPMENT AND HOUSING AUTHORITY. WHEREAS, the Council of the City of Portsmouth, Virginia, has closed and vacated all of Reed Avenue, lying between Ballard Avenue and Elmburst Lane, as shown on the plat of Washington Heights; and WHEREAS, Hampton Roads Mortgage Company, Incorporated conveyed its interest in all the streets located on the plat of Washington Heights including Reed Avenue to the City of Portsmouth, Virginia, as herein referenced by deed; and WHEREAS, Portsmouth Redevelopment and Housing Authority is desirous of acquiring fee simple title to a portion of Reed Avenue as closed and vacated.