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<br />September 23. 2008 <br /> <br />Financial Impact: <br />. The current CIP contains $610,000 for acquisition of the Crab Shack. That <br />amount may now be appropriated for other capital needs. The CIP also contains an <br />additional $96,000 for FY 2008-09. <br /> <br />Staff Recommends: Adoption of resolution. Vision Principle: Thriving Neighborhoods <br />and a Sense of Community. <br /> <br />Next Steps Following Council Action: <br />.Terminate negotiations to acquire the property. <br /> <br />1. Dan Aston, 958 Naval Avenue, did not agree with taking property by eminent domain <br />but asked City Council to keep its promise of converting area into a park. <br /> <br />2. Michael Rudmin, 2805 Victory Boulevard, spoke in support of this item. <br /> <br />3. Tony Goodwin, 38 Linden Avenue, spoke in opposition to this item. <br /> <br />4. Ronald Reed, 5911 Bertrand Street, spoke in support of this item. <br /> <br />5. Mark Geduldig-Yatrofsky, 3713 Sterling Point Drive, spoke in support of this item. <br /> <br />6. Gary Van Tassel, 101 Linden Avenue, spoke in opposition to this item. <br /> <br />7. Garland Alexander, 3400 Nelson Street, spoke in support of this item. <br /> <br />8. John Johnson, 3901 Mariner Drive, Chesapeake, spoke in support of this item. <br /> <br />9. Barbara Browder, 1725 Chase Point Circle, Virginia Beach, spoke in support of this <br />item. <br /> <br />Motion by Mr. Moody, and seconded by Mr. Smith, to adopt the following <br />resolution, and was adopted by the following vote: <br /> <br />"RESOLUTION RESCINDING RESOLUTION R-07-20 CONCERNING ACQUISITION <br />OF REAL PROPERTY WITH THE STREET ADDRESS OF 1128 HARRELL STREET, <br />COMMONLY KNOWN AS THE "CRAB SHACK." <br /> <br />WHEREAS, Portsmouth City Council did on May 22, 2007 adopt Resolution R- <br />07 -20, concerning acquisition of real property with the street address of 1128 Harrell <br />Street, commonly known as the "Crab Shack" (the "Property"); and <br /> <br />WHEREAS, at the time said Resolution was adopted, the Property had long <br />been run-down, poorly maintained, unpainted, decayed, disorderly, littered with debris, <br />sunken boats, rusted industrial equipment, and scrap materials, and it comprised a <br />material source of blight that was harming the quality of life in the Park View <br />neighborhood; and the City desired to aquire it in part to eliminate said blight and in part <br />to create a public park that would benefit all the nearby neighborhoods and the public at <br />large; and <br /> <br />WHEREAS, since enactment of said Resolution, extended negotiations with the <br />owner of the Property, together with the preparation for legal action to acquire the <br />property by eminent domain, have resulted in correction and abatement of most of the <br />aforesaid blighting conditions; and <br /> <br />WHEREAS, since the adoption of said Resolution, economic changes have <br />changed so as to place significantly increased financial stress on the City; and the funds <br />that had been allocated to acquire this property are now needed for various other <br />pressing and important public purposes; <br />