Minutes 09/22/2009 - Laserfiche WebLink

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September 22. 2009 "RESOLUTION AUTHORIZING THE CITY MANAGER TO MAKE APPLICATION FOR AN ENTERPRISE ZONE DESIGNATION, TO OFFER CERTAIN INCENTIVES, AND TO ADMINISTER THE PROGRAM. WHEREAS, the General Assembly of Virginia has adopted the Enterprise Zone Act, Section 59.1-270 et seq. of the Code of Virginia, for the purpose of stimulating business and industrial growth and private sector investment; and WHEREAS, the Council of the City of Portsmouth deems it to be in the best interest of the City to make application to the Virginia Department of Housing and Community Development for designation of certain areas of the City as an Enterprise Zone, consisting of the areas generally described on Exhibit A, to be eligible for the benefits of said Act; and WHEREAS, the Council of the City of Portsmouth has reviewed and considered the loans, tax incentives, fee rebates, financial incentives, and regulatory flexibility to be provided, all of which have been approved as to legality by the City Attorney, as more particularly described on Exhibit B; NOW THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, that: 1. The City Manager be, and hereby is, authorized to make application for designation of the property described in Exhibit A to be an Enterprise Zone, and he may offer the incentives described in Exhibit B. 2. The City Manager or his designee shall be designated as the program administrator. 3. The City Manager is authorized to take all other actions reasonably necessary in furtherance of the overall intent of this resolution, including prompt notification to City Council concerning the status of the application." Ayes: Heretick, Moody, Psi mas, Randall, Smith, Whitehurst, Holley Nays: None - New Business - 09 - 496 - Boards and Commissions There were no appointments. 09 - 497 - Items Submitted by Council Members '" Mr. Moody asked to inform citizens of what monies are provided by the City to the Sheriff's Department and asked that the City Manager Chandler give details of what funding is provided. . Kenneth Chandler, City Manager, gave a detailed account of funding provided by the City to the Sheriff's Department. '" Mr. Heretick voiced his concern with Group Life Insurance policies being canceled for retirees and asked that Staff look into rectifying this situation. '" Ms. Psi mas asked that Staff look into the noise problem coming from Towne Point Park in Norfolk and how it is impacting Olde Towne residents. '" Mr. Moody asked that Richard Hartman, City Engineer, look into a drainage problem in Park Manor.