Minutes 09/13/2011 - Laserfiche WebLink

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September 13. 2011 . A debarred contractor has a right of appeal to the City Manager and to court. . A debarment decision may be rescinded if the contractor has been rehabilitated. Financial Impact: . There will be no immediate financial impact. Over time, the procedure may save money by reducing the performance of improper work by contractors, but any possible savings cannot be accurately projected at this time. Recommended Action: . Adoption of the ordinance IS recommended. Vision Principle: Bold New Directions. Next Steps Following Council Action: . Include ordinance in City Code. . Implementation by Purchasing Agent. Motion by Mr. Heretick, and seconded by Mr. Edmonds, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE TO AMEND CHAPTER 12 OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA (2006) BY ADDING A NEW DIVISION 7 THERETO ENTITLED "DEBARMENT" CONTAINING NEW SECTIONS 12-291 THROUGH 12- 295, TO ESTABLISH DEBARMENT PROCEDURES WITHIN THE CITY'S PUBLIC PROCUREMENT PROCESS." Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright Nays: None 11 - 380 - (a) Adoption of an ordinance establishing a new Chapter 9.2 entitled "Economic Development" in the Code of the City of Portsmouth, Virginia (2006) and adopting a new Article I thereto comprised of new Sections 9.2-1 and 9.2-2 pertaining to the waiver of certain development fees in enterprise zones. Vision Principle: A Robust and Prospering Economy. (b) Adoption of an ordinance amending Chapter 35 of the Code of the City of Portsmouth, Virginia (2006) by amending Sections 35-216, 35-218, and 35-219 thereof pertaining to real estate tax exemptions for rehabilitated, renovated, and replacement properties in enterprise zones. Vision Principle: A Robust and Prospering Economy. (c) Adoption of a resolution authorizing and directing the City Manager to execute an Enterprise Zone Local Incentives Grants Funding Agreement between the City and the Economic Development Authority of the City of Portsmouth, Virginia. Vision Principle: A Robust and Prospering Background: . On September 22, 2009 City Council approved certain local incentives in conjunction with the City's application (attached) to the Virginia Department of Housing and Community Development (DHCD) for the designation of an enterprise zone. Portsmouth received its designation as an enterprise zone on January 1, 2010. The designation is a state and local partnership and is a method to stimulate job creation, private investment and revitalization. Discussion: . Formal action is required by City Council to enter into a Funding Agreement with EDA to allow EDA to serve as the conduit for delivering the Business Personal Property Investment Grants and the Machinery & Tool Investment Grants, and to deliver the grants and/or in-kind services for the Mixed-Use Development Incentive. . The new Chapter 9.2 will allow for the rebate of certain development fees for qualifying developments in the enterprise zone. . The amendment to Chapter 35 will expand the tax exemption for qualifying properties in the enterprise zone.