Minutes 11/24/1987 - Laserfiche WebLink

Home Browse Search

November 24, 19.87 MOtion of Mr. Gray and secbnded by Mrs. Webb, th~ following resolution was adoption and by following vote':~ "A RESOLUTION AUTHORIZING THE CITY MANAGER TO RELEASE A UTILITY EASEMENT LOCATED IN FIFTH STREET ~ETWEEN HARRISON STREET AND HENRY STREET. WHEREAS, by'resolution adoptbd by the Couneil of:~heVCity of Portsmouth., Virginia, on June 23v 1987, t.h~t po~timn of Fifth Street between Harrison Street and Henry Street was closed and vacated as a public street; and WHEREAS, at the t-ime O_ said ~a~t~on~ by' Ci'ty Counc~l:~'it was- necessar~to retain an easement for~'public utilities until sucn time as the new.sewage pumping station in the Port Centre Commercial Complex had been'~co~'st~ucted; and WHEREAS, s~'id sbwage pumping'stat'ion 'has been co~:structed and accepted by the City; and WHEREAS, the easement retained in Fifth Street i~s' no longer n~cessary for public utilit~ purposes. NOW, THEREFORE; BE IT RESOLVED by the--C~uncil of the City of Port~mouth, Virginia, that the C:~ty Manager be, a~d' he hereby is, authorized to release the public htility easement located On th% following described property, to-wit: Ail that certain piece or parcel of land, situate, lying and being in the City of Portsmouth, Virginia, being more particularly described as that portion Of' Fifth Street bounded on the n'orth of the southern Side of Harrison Street and bounded on the south by the northern side of Henry Street. BE IT FURTHER RESOLVED that the City Manager be, and he hereby'is, authorized to sign such deeds and other doc'uments as may be necessary to carry out the intent of this resoiution. Ayes: Corprew, Gray, Lucas, Simpson, Webb, Holley Nays: None 87-506 - Letter from the City Manager reconumending adoption of a resolution to authorize the issuance of $7,920,000 of General Obligation Bonds for the purpose of funding programs of various projects contained in the first year of the 1987-92 Capital Improvement Program. "The attached resolution completes the steps needed to impleme'nt the Capital Improvement Program from 1987-88 by authorizing $3,920,000 in General Obligation Bond funding for this first year of the five year plan. The total use 'of General Obligation debt in the 1987-88 CIP is $10,000,0000; however, previous actions by the City Council have authorized $2,080,000 for the Western Freeway pro3ect thereby reducing amount being authorized by this resolution% It should be noted that t~e adoption of the resolution does not appropriate ahy funds but provides for the funding source when the projects are submitted for individual appropriation by the Council. I therefore recommend the adoption Of the resolution authorizing the issuance of the General Obligation Bonds." the