Minutes 09/23/2008 - Laserfiche WebLink

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September 23. 2008 Next Steps Following City Council Action: . The adopted Resolution will be presented to the Elizabeth River Project. Motion by Mr. Whitehurst, and seconded by Ms. Randall, to adopt the following resolution, and was adopted by the following vote: "RESOLUTION ENDORSING THE ELIZABETH RIVER PROJECT'S REVISED WATERSHED ACTION PLAN FOR RESTORATION AND CONSERVATION OF THE ELIZABETH RIVER. WHEREAS, the Elizabeth River Project is a nonprofit organization dedicated to restoration and conservation of the Elizabeth River to the highest practical level of environmental quality through comprehensive studies, development of action plans, and implementation of solutions; and WHEREAS, the Elizabeth River Project has updated and revised its Watershed Action Plan for a third time through a consensus-building and participatory process involving over one hundred stakeholders, including the City of Portsmouth and other Hampton Roads localities and private and public entities; and WHEREAS, the City of Portsmouth supports the goals and efforts of the Elizabeth River Project to reestablish the Elizabeth River as a safe and scenic resource for recreational and economic use by future generations. NOW THEREFORE BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that it hereby endorses the Elizabeth River Project's 2008 Watershed Action Plan and the Project's goals and visions of Elizabeth River restoration and conservation." Ayes: Heretick, Moody, Psi mas, Randall, Smith, Whitehurst, Holley Nays: None 08 - 416 - Adoption of a resolution authorizing the City Manager to convey the Proctor Square parking lot to the Portsmouth Redevelopment and Housing Authority. Vision Principle: Thriving Neighborhoods and a Sense of Community. Background: . A Developer has been working with PRHA to build residential and retail facilities at 739 High Street. . The Developer desires to lease or purchase the Proctor Square Parking Lot for the purpose of erecting a parking garage there for use as both an area for public parking and private parking for the retail customers and residential owners. Discussion: . The Portsmouth Parking Authority will convey the Proctor Square Parking Lot to the City simultaneously with the deed of conveyance to PRHA. The deed of conveyance to PRHA will reserve one hundred and three (103) parking spaces within the garage to be used for public parking. The remainder of the garage would be used for private parking associated with the private uses on High Street, and possible additional public parking to the extent available. . PRHA will lease the lot to the developer until all financing is in place and fully committed through the Virginia Housing Development Authority to build the garage. Once financing is in place, PRHA will convey the lot to the Developer to begin the project. This deed will be subject to the reserved parking spaces as set forth in the deed from the City to PRHA. Financial Impact: . It is anticipated that the garage will be subject to real estate taxes as assessed by the City Assessor for facilities receiving income.