Minutes 11/24/1992 - Laserfiche WebLink

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Novembe~ 24, 1992 "At your last meeting, you held a public hearing with the Commissioners of the PortsmOuth Redevelopment and Housing Authority on the Proposed 1993 Community DeveloPment BlOck Grant Program. Among the recommended activities is the continuation of property acquis£tion in the London Boulevard corridor. Included for acquisition are about 41 properties that currently generate less than $13,000 in annual real estate taxes and which can be put to much more~productive use. 'This activity will result in relocation of about nine tenants, three businesses, and one homeowner. I am also recommending expansion of the scattered vacant site and vacant structure acquisition, which began this year in Prentis Place, to include Cradock and Park View. This program has been successful in making inexpensive acquisitions and preventing the spread of blight while at the same time providing I!sites for new housing for low and moderate income citizens. Funds are included ifor demolition of the New Mt. Vernon Church on PortCentre Parkway. Funding lis recommended to support a marketing study of the Effingham Street corridor to determine the feasibility of making additional l~nd available for commercial and retail development. A matching g~ant to the Portsmouth Area Resources Coalition (PARC) is also inclu!ded in the recommended funding. Finally, to support Tidewater Community College's proposed Art Center, acquisition of the parking 1Dt at the northwest corner of Queen and Court Street is included tio address the Center's parking needs. I recommend your adoption of a resolution approving the 1993 Community Development Block Grant Program. I also recommend that you adopt an Ordinance appropriating the 1993 Community Development Block Grant entitlement of $1,969,000, and additional one-time entitlement from the 1990, 1991, and 1992 CDBG years of $176,000, andl program income of $350,000 for a total appropriation of $2,495,000i. I also r~commend adoption of a resolution approving Amendment Number 22 to the Crawford Conservation and Redevelopment Plan. The amendment!designates several properties as "to be acquired", thereby permitting the Housing Authority and t~e City to continue revitalizing the London Boulevard corridor. Approval of these items will authorize the City to make application t0 the Department of Housing and Urban Development of our CDBG fund~ and continue the high priority activities which have been identified." A. ResolutiOn approving the 1993 Community Development Block Grant Program!of the City of Portsmouth, Virginia, authorizing the City Manager ~o file documents required to obtain the City's 1993 Community Development Block Grant Entitlement. Motion o~ Mr. Epperson and seconded by Mr. Hawks, the following ordinance was adopted and by the following vote: "AN ORDINANCE TO APPROPRIATE $2,495,000.00 FROM T~E COMMUNITY DEVELOPMENT F~ND FOR THE 1993 COMMUNITY DEVELOPMENT PROGRAM. Ayes: Clemon~, Epperson, Griffin, Hawks, King, Pitts, Webb Nays: None B. ResolutiOn approving Amendment No. 22 to the Crawford Conservation ~nd Redevelopment Plan for the Crawford Urban Renewal Project.