Minutes 04/27/2021 - Laserfiche WebLink

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April 27, 2021 (a) The development shall be in substantial compliance with the concept plan entitled “A4 Acres at Greenwood Preliminary Site Plan” prepared by Hoggard-Eure Associates PC dated February 12, 2021, the rendered concept elevations titled “A4 Acres Apartment Elevations” prepared by Retnauer Baynes Associates, LLC dated February 10, 2021, and the rendered concept elevations titled “A4 Acres Clubhouse Elevations” prepared by Retnauer Baynes Associates, LLC dated February 10, 2021, except where modifications are required to comply with applicable local, state and federal codes and regulations. (b) The development, at no cost to the City, shall comply with the recommendations included in the Traffic Impact Study prepared by Intermodal Engineering, PC dated February 11, 2021 as approved by the City Engineer, whether on-site or off-site, including: i. A 75-foot eastbound left turn lane with a 100-foot taper on Greenwood Drive at Wynn Street access. ii. A 50-foot eastbound left turn lane with a 100-foot taper on Greenwood Drive at Tazewell Street access. iii. The level of Service D for northbound traffic on Tazewell Street and Greenwood Drive is caused by cut-through traffic from Cavalier Boulevard to Greenwood Drive on Tazewell Street. Implement signal timing improvements and modify the northbound left turn lane signal head to a “protected-permitted” phase by implementing either a five-section signal head or a flashing yellow arrow operation to allow for permissive northbound left turns. (c) The development shall be constructed in compliance with all applicable codes, ordinances and regulations of federal, state and local government, and all required licenses and permits shall be obtained and remain in effect during the operation of the development. (d) All taxes/fees associated with the property and/or the proposed use shall be paid when due, as determined by the City Treasurer. REVOCATION OF PERMIT: 7. Violation of any of the conditions set forth herein may serve as grounds for revocation of the use permit by City Council.” Ayes: Barnes, Battle, Lucas-Burke, Moody, Woodard Nays: Glover Abstain: Whitaker (legal reasons) - City Manager’s Report - 21 - 128 - Adoption of an ordinance establishing a Personal Property Tax Relief Percentage of 53% for Calendar Year 2021 Personal Property Tax Bills. Background:  In accordance with the Virginia Personal Property Tax Relief Act (PPTRA), the city is required to annually establish the personal property tax relief percentage to be applied to qualified vehicles.  The 2005 revisions to the Personal Property Tax Relief Act of 1988 (“the 2005 Amendments”) modified the method of state reimbursement for personal property tax relief from a variable percentage to a fixed sum of money payable to each locality.  The 2005 Amendments and Section 35-9 of the Portsmouth City Code require that the city annually establish a personal property tax relief percentage such that the total relief provided to qualifying taxpayers will exhaust the funds to be allocated to the locality by the Commonwealth. Discussion:  With the assistance of the City Treasurer and the Commissioner of the Revenue, a personal property tax relief percentage of 53% has been calculated as sufficient to exhaust the state funds expected to be allocated to the city of Portsmouth for the calendar year 2021. Financial Impact:  Adoption of the 53% rate will have minimal impact on the City’s budget.