Laserfiche WebLink
September 28, 2021 <br /> <br />WHEREAS, <br /> the grants are funded annually from a pool of $1,500,000; and <br /> <br />WHEREAS, <br /> the Economic Development Department conducts outreach to solicit <br />applications from port-related Portsmouth businesses, and the Portsmouth Port and <br />Industrial Commission reviews the applications and determines whether they should be <br />submitted to the state; and <br /> <br />WHEREAS, <br /> JSSY, LLC d/b/a International Flooring & Protective Coatings, Inc. <br />(“JSSY”) has submitted an application for a grant; and <br /> <br />WHEREAS, <br /> the application seeks a grant of $1,000,000 for waterfront bulkhead <br />replacement work at 3301 Shipwright Street in Portsmouth (the “Project”); and <br /> <br />WHEREAS, <br /> on September 7, 2021 JSSY made a presentation to PPIC, and after <br />considering the application and presentation PPIC adopted a Resolution authorizing <br />submittal of the application to the state; and <br /> <br />WHEREAS, <br /> if the grant is awarded, JSSY intends to expend approximately <br />$1,200,000 of its own funds to serve as the required match; and <br /> <br />WHEREAS, <br /> the Project would continue the revitalization of the maritime/industrial <br />area of West Norfolk and is anticipated to result in the creation of approximately 150 new <br />jobs; and <br /> <br />WHEREAS, <br /> the Project would revitalize property that has long been underutilized, <br />provide a port-related use that maximizes the benefits of the City’s role as a Port Host <br />Community, increase the local tax base, and provide employment opportunities for <br />Portsmouth citizens; and <br /> <br />WHEREAS, <br /> the grant is funded solely by state dollars, and no City or PPIC funds <br />will be expended; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED <br />by the Council of the City of Portsmouth, <br />Virginia: <br /> <br />1. That it hereby certifies its support for the Project and the submission of an <br />application for a Port Host Communities Revitalization Fund grant in furtherance of the <br />Project. <br /> <br />2. That the City Manager is authorized to take such further actions and <br />execute such further certifications as are necessary or desirable in furtherance of the <br />application and the purposes of this resolution. <br /> <br />3. <br />That this resolution shall take effect on the date of its adoption.” <br /> <br />Ayes: Battle, Lucas-Burke, Moody, Whitaker, Woodard, Barnes <br />Nays: None <br /> <br />- New Business - <br /> <br />21 - 293 - Boards and Commissions <br /> <br />There were no appointments. <br /> <br />21 - 294 - Items Submitted by Council Members <br /> <br />(a) Adoption of an ordinance to amend Article X of Chapter 2 of the Code of the City of <br />Portsmouth, Virginia (Planning Commission) by deleting Section 2-528 pertaining to <br />compensation for Planning Commissioners. <br /> <br />Motion by Dr. Whitaker, and seconded by Mr. Battle, to adopt the following <br />ordinance, and was adopted by the following vote: <br /> <br /> <br /> <br /> <br />