Minutes 12/12,13&22/1983 - Laserfiche WebLink

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December 83-450 Letter from the City Manager recommending adoption of an ordinance on first reading to appropriate $26,923.21 to upgrade storm drainage in the area of the new Broad Street Post Office. "The U. S. Postal Service is presently constructing a new Post Office adjacent to Broad Street in Port Norfolk. The project involves piping a drainage ditch which under present guidelines requires a 24" storm drain. The City's future plans for the area calls for a 42" sotrm drain. At the request of the City, the Postal Service has agreed to have their contract¢ install the larger pipe with the City reimbursing them for the cost difference ($26,923.21). If the City was to postpone this improvement to coincide with the Capital Improvement Plan eog~ could exceed $45,000. The City Engineer recommends we contract with the U. of the larger pipe and that $26,923.21 be appropriated to savings to the City will be in excess of $18,000. S. Postal Service for installation fund the City's share. Long term I therefore recommend that the necessary funds be appropriated and that I be authorized tc enter into a contract with the U. S. Postal Service." On motion of Mr. Whitlow and seconded by Mrs. Webb, the following ordinance was approved on first reading, and that authorization be granted to enter into a contract with the U. S. Postal S~rvice, as requested, and was adopted by unanimous vote: "AN ORDINANCE TO APPROPRIATE $26,923.21 FROM THE CAPITAL IMPROVEMENT FUND TO INSTALL DRAINAGE PIPES IN THE PORT NORFOLK AREA." 83-452 - Letter from the City Manager recommending adoption of an ordinance to amend Article I of Chapter II Section 11~19 of the Code of the City of Portsmouth pertaining to the disposition of certain paid and cancelled Bonds and Interest Coupons of a historical nature. "The present ordinance petaining to the ~%~g~t~¢fii7 of paid and cancelled bonds issued by the City stipulates that they be destroyed and burned by the Director of Finance. The Director of Finance has informed me that during the process, of relocating from the Municipal BUilding to the new City Hall, several boxes of cancelled bonds were discovered. of these bonds may have historical interest or other value to the City; however, under the present code they would be required to be burned. old Sore ,The amendment to the ordinance I have had prepared for your consideration will permit the Council by resolution to save a few bond certificates for historic, preservation, promotion or other purposes. These bonds would be physically perforated making~them,non~negiotiable, and could be used, for example, as presentation to visiting dignataries, retiring employees, out- standing citizens of placed in prominent locations for public view. I recommend to the City Council the adoption of the amendment to the ordinance." On motion of Mr. Whitlow and seconded by Mr. Gray, the following ordinance was adopted on first and final reading, and by the following vote: "AN ORDINANCE TO AMEND SECTION 11-19 OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA, 1973, PERTAINING TO THE DISPOSITON OF CERTAIN PAID AND CANCELLED BONDS AND INTEREST COUPONS." Ayes: Barnes, Beamer, Gray, Holley, Webb, Whitlow Nays: None 83-453 - Letter from the City Manager recommending adoption of a resolution authorizing t~ retention of certain paid and cancelled Bonds for disp~Ry, presentation, and distribution pur- poses that have historical significance. "Attached for your consideration is a resolution designating certain cancelled bonds not to be burned. They have been cancelled by perforation thereby making it clear that they are non-negiotiable. The bonds may have historical value in that they were used as the means of financing certain capital improvements which represented significant milestones in the development of Portsmouth. The bonds being proposed for retention are from the following issues: From the 1918 issue of water bonds orginally consisting of 1732 bonds each having a face value of $1,000, One hundred (100) bonds each having a face value of $1,000 bearing the serial numbers inclusive 681-611; 616-625; 641-644; 652; 655-657; 660-661; 663-664; 666-675; 677; 681-682; 692-698; 704-705; 709-725; 731-748; 794-801; 904; 906-908. o From the 1918 issue of water bonds originally consisting of 600 bonds each having a face value of $1,000, One hundred (100) bonds bearing the serial numbers inclusive of 3-15; 27-35; 51-57; 61-65; 68-69; 71-79; 84-85; 88-96; 100-103; 125-130; 143-148; 157-168; 171-176; 178-186; 190. 3 o From the 1949 issue of Ferry Bonds priginally consisting of 250 bonds each having a face value of $1,000, fifty (50) bonds bearing the serial numbers inclusive of $#201-250.