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WHEREAS, the Council of the City of Portsmouth has been asked to express its concurrenze
<br />with the Resolution so that a portion of the pro~ect financed with proceeds of the bonds
<br />may be leased or sold to hospitals located in Portsmouth, Virginia.
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that
<br />the Council hereby expresses its concurrence with the Resolution adopted by the Authority
<br />for the benefit of Virginia Hospital Association to the extent required by ~1S~1-1378 to
<br />allow the Authority to finance with the proceeds of the bonds a portion of the project des-
<br />cribed in the resolution that is to be located in the City of Portsmouth, Virginia,
<br />
<br /> BE IT FURTHER RESOLVED that the City Clerk be, and she hereby is, instructed to
<br />forward a copy of this resolution to the industrial Development Authority of the County of
<br />Henrico, Virginia, and to Portsmouth General Hospital."
<br />
<br />This resolution shall take effect immediately upon its adontion."
<br />
<br />Ayes: Barnes, Beamer,,Gray, Holley, Webb, Whitlow, Johansen
<br />Nays: None
<br />
<br /> 84-222 Letter from the City Manager recommending adoption of a resolution
<br />application for payment on one-time supplemental grant, 1983-84 Basic School Aid
<br />release.
<br />
<br />authorizing
<br />authorizing
<br />
<br /> "As you were informed previously; the State has acknowledged that errors were made in the
<br />distribution of ~aslc aid to schools, due to incorrect data being used in the computations
<br />of the composite indexes. Localities which were underpaid due to these errors are now being
<br />offered supplemental payments in order to compensate for the previous under payments. For the
<br />City of Portsmouth, the supplemental payment is approximately $425,000, and you will recall
<br />that this amount has been included in the 1984-88 operating budget.
<br />
<br /> in order to be paid, both the City and the School Board must execute a release form by
<br />July 1, 1984, which would relieve the State of any additional payments due to furthe~ mistakes
<br />which ~ight be discovered in tne composite index for any prior years back to 1972. There is
<br />no way of knowing whether other mistakes might be detected and in what amounts. However, if
<br />the City is to receive the $42S,000, the release must be approved by the City Council prior to
<br />July 1. While this action would release the State from recovery for any possible mistakes in
<br />the composite index in prior years, ~t would not preclude any action for future funding based
<br />on the current standards of quality formula.
<br />
<br /> The City Attorney's staff has reviewed the release form and advises that it dictates a
<br />situation of.accepting a known payment now, or taking a chance on possibly recovering an un-
<br />known amount ~n th~ future, it is my recommendation that the City Council approve t~e release
<br />
<br /> On motion of Mr. Beamer and seconded by Mr. Webb, the following resolution was adopted,
<br />and by the following vote:
<br />
<br />'A RESOLUTION AUTHORIZING APPLICATION FOR PAYMENT OF ONE TIME SUPPLEMENTAL
<br />GRANT, 1983-84 BASIC SCHOOL AiD; AUTHORIZING RELEASE.
<br />
<br /> WHEREAS, pursuant to Chapter 97 of the Acts of Assembly, the City of Portsmouth is
<br />entitled to receive a one time Supplemental Grant, 1983-84 ~asic school aid, in the amount
<br />of approximately Four Hundred Twenty-Five Thousand and 00/100 ($425,0C0) Dollars; and
<br />
<br /> WHEREAS, Chapter 97 of the i984 Acts of Assembly further provides that the locality
<br />must make application for said Supplemental Grant by releasing the Commonwealth of ViTginia
<br />from any claim for additional basic school aid arising cut of the individual income levels
<br />utilized in determining its composite index of local ability to pay for the 1983-8± school
<br />year, or any prior year.
<br />
<br /> NOW, THEREFORE, BE iT RESOLVED by the Council of the City of Portsmouth that the City
<br />Manager be, and he hereby is, authorized to make application.for a one time Suppiemen%al
<br />Grant, 1983-84 basic school aid in the amount of approxzmately Four Hundred Twenty-Five
<br />Thousand and 00/100 ~$425,00©) Dollars.
<br />
<br /> BE IT FORTHER RESOLVED that the City Manager be, and he hereby is, authorized to release
<br />the Commonwealth of Virginia from any claim for additional state basic school aid arising
<br />out of the individual income levels utilized %n determining the composite index of lotml
<br />ability to pay for the 1983-84 school year or any prior year."
<br />
<br />Ayes: Barnes, Beamer, Gray, Holley, Webh, Whitlow, Johansen
<br />Nays: None
<br />
<br /> 84-223 - Letter from the City Manager recommending adoption of a resolution appointing
<br />¥~ewers to close a certain unnamed alley between Deep Creek Boulevard and Columbus Avenue.
<br />
<br /> "The City of Portsmouth has made application to close a certain unnamed alley 20~ in
<br />width between Deep Creek Boulevard and Columbus Avenue.
<br />
<br /> The attached resolution appoints viewers in accordance with the applicable State law to
<br />view the port~on of such alley, and to report to the Planning Commission if any inconvenience
<br />would result in closing that portion of the alley at Deep Creek Boulevard and Columbus Avenue.
<br />
<br />I, therefore, concur and recomment the"adoption of the attached resolution."
<br />
<br />
<br />
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