Minutes 12/11/2018 - Laserfiche WebLink

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December 11, 2018 Background:  City Council approved conceptual design and proposed installation for the “Circle of Sail” project by Support Portsmouth Public Art (SPPA) in the Crawford Street roundabout. Discussion:  After receiving City Council approval, SPPA commissioned the final design for the project to include the foundation.  The geotechnical report indicated that the foundation would have to be pile supported.  The existing donated funding for the project is insufficient to provide the pilings needed to support the sculpture and pedestal.  City Council agreed to provide financial support for this project after learning of the issue with the foundation.  The City estimate for the pilings needed to support this structure is $85,000.  The recommendation is to re-appropriate $85,000 from the Churchland Bridge Bike-Ped Enhancements project. This does not impact the project schedule.  The Churchland Bridge Bike-Ped Enhancements project is eligible for funding through local assistance programs at the Virginia Department of Transportation. Financial Impact:  The amount of $85,000 will be re-appropriated from the Churchland Bridge Bike- Ped Enhancements project for the Circle of Sail project. Recommended Action:  Adoption of the ordinance Next Steps Following Council Action:  The Finance Department will complete the necessary budget transfers. 1. Mark Geduldig-Yatrofsky, P. O. Box 50141, spoke in opposition to this item. 2. Donna Sayegh, 3104 Garland Drive, spoke in opposition to this item. Motion by Ms. Lucas-Burke, and seconded by Ms. Psimas, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE TO ESTABLISH A NEW PROJECT TITLED “CIRCLE OF SAIL” IN THE FY 2019 CAPITAL IMPROVEMENT FUND BUDGET AND TO FUND THE CIRCLE OF SAIL PROJECT BY RE-APPROPRIATING $85,000 FROM THE CHURCHLAND BRIDGE BIKE-PED ENHANCEMENTS PROJECT IN THE FY 2019 CAPITAL IMPROVEMENT FUND BUDGET.” Ayes: Clark, Lucas-Burke, Moody, Psimas, Smith, Rowe Nays: None 18 - 466 - Adoption of an ordinance appropriating $1,820,000 from the General Fund – Unassigned Fund Balance for the purpose of acquiring 206 High Street. Background:  The Virginia Sports Hall of Fame (VSHF) building was constructed at 206 High Street in 2004.  TowneBank, the lender for the project, recently recorded a deed in lieu of foreclosure to take title to the property.  The property is currently vacant and occupies a crucial location in the High Street business corridor. Discussion:  After negotiations, TowneBank has agreed to sell the VSHF property to the City for a purchase price of approximately $1,800,000.