Minutes 09/13/2011 - Laserfiche WebLink

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September 13. 2011 WHEREAS, Portsmouth Redevelopment and Housing Authority ("PRHA") intends to cause the rehabilitation of the former Virginia Employment Commission building located at 3116 South Street (the "Property") to provide new office space for PRHA; and WHEREAS, the rehabilitation of the Property and the relocation of the PRHA offices will provide a significant economic benefit to the Midtown corridor by revitalizing a blighted structure and by adding a substantial number of workers in the area to support new and existing Midtown businesses; and WHEREAS, only localities are eligible to apply for a grant under the Program and the City of Portsmouth therefore desires to apply for a grant in an amount of $600,000 to fund a portion of the cost of rehabilitating the Property; and WHEREAS, PRHA has committed matching funds in the amount of not less than $600,000 to satisfy the local match requirement of the Program; and WHEREAS, the City of Portsmouth hereby designates PRHA as its agent for implementing and administering activities under the Program. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that the City Manager is authorized to apply for a grant under the Program in the amount of not to exceed $600,000 for the rehabilitation of 3116 South Street. BE IT FURTHER RESOLVED that PRHA, or such other affiliated entity as the City Manager may deem appropriate, is designated as the City's agent for implementing and administering activities under the Program. BE IT FURTHER RESOLVED that the City Manager is authorized to execute the application for a grant and such other documents as may be necessary or desirable to obtain and implement a grant, including without limitation any agreements with PRHA confirming PRHA's commitment of matching funds and PRHA's obligations to comply with the terms and conditions of a grant, all as may be in the best interest of the City." Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright Nays: None - New Business - 11 - 384 - Boards and Commissions There were no appointments 11 - 385 - Items Submitted by Council Members '" Mayor Wright reminded everyone of the Umoja Festival that will kickoff with a parade Friday, September 16, 2011 at 5 p.m. and will last throughout the weekend. '" Mr. Cherry informed citizens of the Community Meeting scheduled for Monday, September 19, 2011 at 7 p.m. at Churchland High School. 11 - 386 - Report on Pending Items . Bernadette Hogge, Ombudsman, gave an update on items of concern presented by citizens at the August 23, 2011 City Council Meeting. 11 - 387 - Non-Agenda Speakers 1. Carolyn White, 4216 Coltrane Avenue, asked for City Council's continued support to fund the Portsmouth Supplemental Retirement System (PSRS).