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370
<br />
<br />March 12~ 1985
<br />
<br />I recommend that Council adopt this motion, and a refund be ~ranted.'
<br />
<br /> Motion of Mr. Gray and seconded by Mrs. Lucas, ro refund $423.68 to David A. Cohen,
<br />4886 Sterling Point Circle, Portsmouth, Virginia 23703, without interest, as requested,
<br />was adopted by unanimous vote.
<br />
<br />and
<br />
<br /> 85-75 Letter from the City b[anager recommending adoption of a motion to award contract
<br />for sale of a structure located at 2225 Frederick Boulevard to Thomas L. Harrell.
<br />
<br /> 'The City Attorney's Office, pursuant to advertised notice, has received a bid for pur-
<br />chase of 2225 Frederick Boulevard for the sum of $4,705.00. This bid from Thomas L. Harrell
<br />was the only bid received.
<br />
<br /> The proper~y contains the remaining residential structure owned by the City for the
<br />development of a solid waste transfer station. When this house, along with the others which
<br />have previously been sold, is relocated by the purchaser, all of the property will be cleared
<br />and landscaped by the Southeastern Public Service Authority.
<br />
<br /> I recommend adopnion of a motion to sell this structure to Thomas L. Harrell for the bid
<br />price of $4,705.00"
<br />
<br /> Motion of Mr. Gray and seconded by Mrs. Webb, that authorization be ~ranted to sell
<br />structure at 2225 Frederick Boulevard to Thomas L. Harrell for bid ~rice of $4,705.00, and
<br />was adopted by unanimous vote.
<br />
<br /> 85-76 Le~er from the City Manager recommending adoption of a motion to authorize City
<br />Manager to execute a contract for development of an office park in West Norfolk.
<br />
<br /> 'In line with the Goals and Objectives established by the Council, we have been negoti-
<br />ating with the property owner who purchased the traat formerly owned by the Beazley Foundatio~
<br />for exclusive corporate office and research center. The property owner has agreed to develop
<br />this tract in the practice of previous public/private partnership arrangements, whereby the
<br />City and the owner would participate equally in the costs of raod improvements and Sm~_~
<br />statlon.
<br />
<br /> In addition, approximately 50 acres of the total 138 acres would be set aside by the
<br />developer to be exclusively marketed and sold by the City for corporate headquarters. Per
<br />acre price of $11,500 has been established which will be paid to the owner unon the sale of
<br />the property by the City, The owner, ESG Enterprises, [nc., principal owner, Edward S. Garci~
<br />wishes to develop luxury condominiums and garden apartments with 18 acres set aside for im-
<br />mediate development of a life care center similar to Westminster-Canterbury in lff~ginia Beach
<br />It is anticipated that the cost of the investment in the life care center is approximately
<br />35 people.
<br />
<br /> Attached is a cost benefit analysis prepared by the Director of Economic Development in~
<br />dicating that all costs associated with this project would be recouped in less than six years
<br />with City revenue beyond that point available for the General Fund. It is antic~ipated that
<br />the total development will spur approximately $115 million worth of investment and employ
<br />~p~m~y 2,000 people.
<br />
<br /> ~ I feel~this~project;is a~l~rf~et: example of a public/private partnership and recommend City
<br />Council authorize me to sign the attached agreement so that the owner of the property can pro.
<br />vide the necessary applications to the Planning Commission for eventual implementation of the
<br />master plan."
<br />
<br /> James Hawks, Attorney, 419 London Boulevard, representing ESG gnterprises, to answer any
<br />questions o~ the contract.
<br />
<br /> Ben Levy, 2908 Replica Lane, stated that he had questions about this transaction which he
<br />would like answered, and asked that the matter be deferred for two weeks.
<br />
<br /> Motion of Mr. Whitlow and seconded by Mr. Gray, to concur with the City Manager's recom-
<br />mendation, that authorization be granted to execute the contract, and was adopted by unanimous
<br />vote~
<br />
<br /> 85-76(a) Motion of Mr. Beamer and seconded by Mrs. Webb,
<br />be scheduled with the Planning Commission and the City Council,
<br />at 7:00 p.m., and was adopted by unanino~s vote.
<br />
<br />that a joint public hearing
<br />to be held on April 9, 1985
<br />
<br /> 85-77 Letter from the City Manager transmitting City Treasurer's letter of February 20,
<br />1985, submitting a listing of delinquent Personal Property Taxes for Fiscal Year 1984.
<br />
<br /> "Transmitted herewith is a letter from Margaret E. Jones, City Treasurer, submitting to
<br />City Council a list of Delinquent Personal Property Taxes for the taxable year 1984.
<br />
<br /> Also enclosed is a report showing statistical data related to personal property taxes for
<br />the past five years, which was prepared in the Department of Finance.
<br />
<br /> A copy of the printout listing Delinquent 1984 Personal
<br />the City Clerk's office for Council's use. Also, a copy has
<br />Library for review by the public."
<br />
<br />Property Taxes is available in
<br />been placed info,he City's Public
<br />
<br /> Motion of Mrs. Webb and seconded by Mr. Beamer, that the report from the City Treasurer
<br />for Delinquent Personal Property Taxes be received as information, and was adopted by unanimou
<br />vote.
<br />
<br />
<br />
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