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December <br /> <br /> I, therefore, recommend that a 90 DAY EXTENSION to the closing <br />date of this development agreement be granted." <br /> <br /> Motion of Mrs. Lucas and seconded by Mr. Simpson, to extend <br /> he closing date of the development agreement to March 10, 1987, as <br /> ~ested, and was adopted by unanimous vote. <br /> <br /> 86-460 - Letter from the City Manager recommending adoption of <br />a motion to refund $25.57 (with interest) to Louis Brenner for Real <br />Estate Taxes. <br /> <br /> "The Treasurer of the City of P6rtsmouth is requesting a refun~ <br />to Louis Brenner, Attorney, for excess penalty and interest in the <br />amount of 625.57 paid on property in the name of Florence Karp. <br /> <br />Therefore, the refund in the amou~ of $25.57 will include interest. <br /> <br /> I recommend that Council adopt this motion and a refund be <br /> ranted." <br /> <br /> Motion of Mr. Simpson and seconded by Mrs. Webb, that authori- <br />ation be granted to refund to Louis Brenner $25.5- (with interest) <br />for Real Estate taxes on property in the name of Florence Karp, and <br />was adopted by unanimous vote. <br /> <br /> 86-461 Letter from the City Manager recommending adoption of <br />a motion to refund $4,322.87 (without interest) to Linda's Sub, Pub <br />& Pizza, Inc., t/a T Bear's. <br /> <br /> "The Commissioner of Revenue is requesting a refund of $4,322. <br />to Linda's Sub, Pub & Pizza, Inc., t/a T Bear's, 4105 Portsmouth <br />Boulevard, Portsmouth, Virginia 23701. <br /> <br /> The business included alcohol beverage sales with their gross <br /> food sales for ten months. <br /> <br /> I recommend that Council adopt this <br />granted.' <br /> <br /> Motion of Mrs. Webb and seconded by <br />refund. <br /> <br />motion and refund be <br /> <br />Mr. Gray, to approve the <br /> <br /> Substitute motion of Mr. Barnes and seconded by Mrs. Webb, thal <br />the matter be referred to the City Attorney, and a report be furnisl <br />concernin~refund of food tax tc owner of business, and was adopted <br />by unanimous vote. <br /> <br /> 86-462 Letter from the City Manager transmitting the Compre- <br />hensive Annual Financial Report of the City of P~rtsmouth for the <br />fiscal year ending June 30, 1986, and the Quarterly Financial Repot' <br />for the quarter ending September 30, 1986. <br /> <br /> "The Comprehensive Annual Financial Report (CAFR) of the City <br />of Portsmouth for the fiscal year ended June 30, 1986, is herewith <br />submitted as required by the provisions Of the City Code. The re- <br /> was prepared by the Department of Finance in accordance witk <br /> enerally accepted accounting principles. <br /> <br /> In accordance with Section 11-43 of the City Code, the Quarter <br />Financial Report for the period ended September 30, 1986 is also <br />herein submitted. <br /> <br /> If you have any questions concerning these reports, please fee <br />free to ask." <br /> <br />~d <br /> <br /> <br />