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May 28~ 1985 <br /> <br /> I recommend approval of the attached resolutian accepting the bid of Mr. Elrod and autho- <br />rizing conveyance of this property." <br /> <br /> On motion of Mr. GrEy and seconded by Mrs. Lucas, the following resolution was adopted, <br />and by the following vote: <br /> <br />"A RESOLUTION ACCEPTING THE BID OF J. D. ELROD TO PURCHASE CITY-0WNED PROPERTY <br />AT 2225 FREDERICK BOULEVARD: AUTHORIZING THE CIT] MANAGER TO CONVEY. <br /> <br /> WHEREAS, the City.owns certain hereinafter-described real property located at 2225 <br />rick Boulebard, which property is no longer needed for public purposes and is hereby <br />to be excess property; and ' ' <br /> <br />Frede- <br /> <br /> WHEREAS, pursuant to the Charter of the City of Portsmouth said property has been adver- <br />tised for sale; and <br /> <br /> WHEREAS, the highest bid received was from J. D. Elrod in the sum of $3,500~ and <br /> <br /> WHEREAS the Council of the City of P <br /> , ortsmouth deems it to be in the best interests of <br />the City to sell said property. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that <br />the bid of J. D. Elrod to purchase City-owned property located at 2225 Frederick Bou.levard for <br />the sum of $3,500 be, and the same hereby is, accepted. <br /> <br /> BE IT FURTHER RESOLVED that the City Manager be, and he hereby is, an{hofizeJ to convey <br />that certain residential structure described according to the present street numbering system <br />as 2225 Frederick Boulevard, Portsmouth, Virginia to J. D. Elrod" <br /> <br />Ayes: Beamer, Corprew, Gray, Lucase, Webb, Whitlow, Holley <br />Nays: None <br /> <br /> 85-151 Letter from the City Manager recomending adoption <br />the bid of Metro Development Corporation fo~ property located at <br />conveyance of this property. <br /> <br />of a resolution accepting <br /> Thelmar Lane and anthorizing <br /> <br /> "In:~cco~dance wifh~he provisions o~'the ~ity £I~R~Ye~ a 1.13'Jcr~pa~et~of the former <br />Seabogr4 ~oas~ Line Railroad property located on the nGrth side Of Thetmar Lane adjacent to th~ <br />intersection of Thelmar Lane and Lampler Road was advertised for sale. Bids were received <br />from Metro Development Corporation in the amount of $13,00[ and from Ron~ld Lee in the amount <br />of $12,500. <br /> <br /> In addition to the present zoning requirements, the high bidder Metro Development <br />Corporation, has agreed ..... ' <br /> to provide addmt~onal restrictions in an effort to protect the residen- <br />tial integrity of the neighborhood. Such restrictions address architectural and landscaping <br />requirements, minimum square footage of the single family residential structures and adequate <br />lot size and configuration. Also, deed restrictions would provide additional assurance that <br />the structures to be built would be compatible with ~he existing single family residences in <br />the area. <br /> <br /> I recommend approval of the resolution on your agenda to accept the bid of Metro Develop- <br />ment Corporation for purchase of this property." <br /> <br /> On motion of Mrs. Webb and seconded by Mr. Gray~ the following resolution was adopted, <br />and by the following vote: <br /> <br />Coas <br /> <br />"A RESOLUTION ACCEPTING THE BID OF METRO DEVELOPMENT CORPORATION TO PURCHASE <br />CITY-0WNED PROPERTY NORTH OF THELMAR LANE; AUTHORIZING THE CITY MANAGER TO CONVEY. <br /> <br />WHEREAS, the City owns certain real property which was formerly a portion of the Seaboard <br />t Line Railroad right-of-way; and <br /> <br /> WHEREAS,said property is no longer required for public purposes and is, hereby, declard <br />to be excess property; and <br /> <br /> WHEREAS, pursuant to the Charter of the City of Portsmouth, said property was advertised <br />for sale; and <br /> <br /> WHEREAS, the highest bid received was from Metrc Development Corporation in the amount <br />of Thirteen Thousand Dollars ($13,000) for the purpose of constructing single family residen- <br />tial units in accordance with the existing zoning requirements; and <br /> WHEREAS, the Council of the City of Portsmouth ~eems it to be in the best interest of the <br />City to convey said property to Metro Development Corporation for the purposes specified. <br /> <br /> NOW,' THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that <br />the bid of Metro Development Corporation to purchase the hereinafter described property locate <br />on the north side of Thelmar Lane for the sum of Thirteen Thousand Dollars ($13,00~) be accept <br /> <br /> BE IT FURTHER RESOLVED that the City Manager be, and hereby is, athorized to convey the <br />hereinafter-described property to Metro Development Corporation subject to the development of <br />the property for single family residential units in accordance with the existing R-75-S Zoning <br />and such other terms and conditions as may be deemed appropriate. Said property being more <br /> <br /> <br />