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075 <br /> <br />~pril 20, 1993 <br /> <br />CONCLUSION <br /> <br /> Four budget presentations ago, I stated a determination, with <br />the s~pport of.City Council and our citizens, to set Portsmouth on <br />a sound fi~ancl-al ~oundation. The objective was to temper our <br />collective asplrat~ons with the discipline of living within the <br />limits of our financial resources durinG very austere economic <br />times. That was our goal. <br /> <br /> A Portsmouth with no real estate tax increases, an increasing <br />fund 9atance, stable bond ratings, enhanced employee salary and <br />benefits, and vet ~ valuable Workable Partnerships ks our result. <br />I am 9ery proud our accomplishment." <br /> <br />93-149 Motion <br />Executive Session <br />the COde of Virgi <br /> <br />f Mr. Pitts and seconded by Mr. King to go into <br />pursuant to the provis~ions of Section 2.f-344 of <br />nia for the following: <br /> <br />real property.in <br />under Subsection <br /> <br />ration of the use or-dilsposition of publicly held <br />the Churchland portion ~of the City as permitted <br />(A) (3)~ <br /> <br /> {2) Con~ <br />staff pertaining <br />Classificationa <br />Subsection (A) ( <br /> <br />ation with the City Attlorney and briefing by <br />to a matter of litigation involving the <br /> Pay Plan ordinance as~ permitted under <br /> <br /> {3) Consid. <br />public use in the <br />Subsection (A) ( <br /> <br /> Motion was <br /> <br /> Motion of Mr <br />Secti6n 2.1-344.1 <br />best 6f the Coun <br />precellng Execut <br /> 1 Only pi <br /> open me <br /> Informa <br /> <br /> 2. Only su. <br /> in the] <br /> convene, <br /> meeting <br /> <br /> Motion was a, <br /> On motion me, <br /> <br />ration of the acquisition of real property fo~ <br />central portion of the. City as permitted under <br /> <br />~opted by unanimous vote. <br /> <br />· Pitts and seconded byi Mr. Epperson, pursuant to <br />of the Code o~ Virginia certifying that to the <br />[1 Member's knowledge during the immediately <br />~e Session of the City Council: <br /> <br />)lic business matters <br />)ting requirements by <br />:ion Act, and <br /> <br />lawfully exempted from <br />the Virginia Freedom of <br /> <br />:h public business matters as were identified <br />~otion by which the Executive Session was <br />], were heard, discusse~ or considered in the <br />by the City Council. <br /> <br />1opted by unanimous vote. <br /> <br />~ting adjourned at 7:08 pm. <br /> <br />Mayor <br /> <br /> <br />