Minutes 07/26/1988 - Laserfiche WebLink

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July 26, 1988 ~'~ Site~to~ be cleared, leveled and surface treated for vehi~le~eq~ipmen~t 'storage. ~' ' -4.-~ Init~ial term to be one (i) year with extension.s uponr mutual approval thereafter. Cancellation by either party ~,' permitted with sixty (60) days notice. · ~ ~oncur'~ th~s~-terms and'~ondi~i'ons and recommend your authorik'~tion of my execution of' a lease to be drawn b~ the City Attorney." On motion of Mrs. Lucas ~nd ,se¢on~ed~ by Mr. Hawks, tke,~. following resolution was adopted and by the following vote: "A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE AGREEMENT WITH VIRGINIA PORT AUTHORITY FOR 2.46 ACRES OF PROPERTY ~ADJACENT TO THE NISSAN PRORERTY ON MARTIN LUTHER~ KING FREEWAY. WHEREAS, the~ City has recently ac~ui~red 2.46 acres~of~- property adjacent to the Nissan property on Martin Luther K~ng Freeway; and WHEREAS, Virginia Port Authority ~as agreed to lease the subject property for the purpose of. vehicle~ and equ~pmen~ storage at the rate of $1,230.00 per month; and WH~EREAS, Virginia Port Autho~ity~aS f~rther agreed to '~ clear and ~an~dscape the subject property pursuant to p~ans Zo be appro~'ed' by the City;' and WHEREAS, Section 2.09(c) of the Charter of the City of Portsmouth, Virginia, provides that the City may convey an interest in re~l property to the Co_~%mon~wealth of Virginia, or a political subdivision thereof, Without'~dvertisement and, receipt of bids; and WHEREAS, Virginia Port Authori'ty is a political subdivision of the Commonwealth of Virginia. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia~ that the City Manager be, and hereby is, authorized to enter into a lease agreement with Virginia Port Authority for 2.46 acres of properny adjacent to the Nissan property on Martin Luther King ~ree%~ay, pursuant to the terms~- ~ and conditions set forth in this resolution." Ayes: Barnes, Corprew, Gray, Hawks, Lucas, Simpso~_ Webb Nays: None 88-289 Letter from the City Manager recommending adoption of a resolution authorizing the City to apply for the Emergency Home Repair ~Grant initiated by the Virginia Department of Housing and Community Development. "The Virginia-Department'Of Housing ahd Community Devel(~pmer[t ~as fn[tia~ed a ne~ program called the Emergency Home Repair Gran~ Program. Funds for this program wilt ,be made available through the Virginia Housing Partnership Fund. iThe~-Emergency Home Repair Grant ,Program enables non-profit organizations including cities such as Portsmouth to issue, grants to low income families to undertake repairs of an emergenc~ nature to their homes~.' The State will provide $500 per residential unit. City will~be~ ~equi~ed to match it on ~at~ least a doiiar'for~ dOllar basis.-$1;000 Per unit will go a'long way towards making housing occupied by Portsmouth's low income families more habitable and safer.