Minutes 01/27/2026 - Laserfiche WebLink

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January 27, 2026 Financial Impact:  Subject to appropriation, the City would commit to reimburse EDA 50% of its costs for the solicitation of a developer for the Crawford Bay site, up to an amount not to exceed $500,000. Recommended Action:  Adoption of the resolution. Next Steps Following Council Action:  The City Manager will execute the Cooperation Agreement. 1. Donna Biggs, 3104 Garland Drive, had several questions regarding the Economic Development Authority. 2. Mark Geduldig-Yatrofsky, 2713 Sterling Point Drive, asked why City Council would deviate from its standard operating procedures by requiring a cooperation agreement for this project. Motion by Mr. Moody, and seconded by Ms. Bryant, to adopt the following resolution, and was adopted by the following vote: “RESOLUTION TO APPROVE A COOPERATION AGREEMENT WITH THE ECONOMIC DEVELOPMENT AUTHORITY IN FURTHERANCE OF THE PUBLIC SOLICITATION OF DEVELOPERS FOR THE CRAWFORD BAY SITE. WHEREAS , the Crawford Bay site is one of the most attractive development sites in the Hampton Roads area; and WHEREAS, City Council conclusively finds and determines that the private development of the Crawford Bay site will result in increased real estate tax revenue, as well as increased employment opportunities and available housing stock, and is therefore in the public interest; and WHEREAS, the Economic Development Authority of the City of Portsmouth, Virginia intends to begin the process of soliciting a developer for the site and a Cooperation Agreement has been prepared to govern the respective responsibilities of City Council and EDA during the solicitation process; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that it hereby approves the Cooperation Agreement in substantially the form attached hereto as Exhibit A and authorizes the City Manager to execute the Cooperation Agreement on behalf of the City.” Ayes: Bryant, Dodson, Hugel, Moody, Tillage, Thomas, Glover Nays: None 26 - 28 - Adoption of a resolution to adopt the City of Portsmouth 2026-2030 Strategic Pillars. Background:  City Council and City Management have worked to develop a strategic direction for the City.  th At the Work Session held on January 13, 2026, the City Manager presented a draft document outlining the “Strategic Pillars” that have been developed. Discussion:  The Strategic Pillars are: (1) “Get Stuff Done” (major initiatives); (2) Financial & Operational Excellence; (3) Economic Growth & Citywide Revitalization; (4) Safe, Connected, and Thriving Community; and (5) Education, Workforce & Partnerships for the Future.