January 12, 1982
<br />
<br />presently located on said property for use as a single family residential dwelling in com-
<br />pliance with the R-75 zoning district requirements. The City Manager recommends adoption."
<br />
<br /> On motion of Mrs. Webb and seconded by Mr. Beamer, the following resolution was adopted,
<br />and by the following vote:
<br />
<br />"A RESOLUTION ACCEPTING THE PROPOSAL OF MICHAEL J. WISE TO PURCHASE CITY-OWNED
<br />PROPERTY AT 4310 COUNTY STREET; AUTHORIZING THE CITY MANAGER TO CONVEY.
<br />
<br /> WHEREAS, pursuant to instructions of
<br />petty was advertised for sale pursuant to
<br />Virginia; and
<br />
<br />the City Council, the hereinafter-described pro-
<br />Section 2.09 of the Charter of the City of Portsmout
<br />
<br /> WHEREAS, Michael J. Wise made the highest proposal for purchase of the property and the
<br />improvements thereon in the amount of Three Thousand, Five Hundred Eighty ($3,580.) Dollars
<br />for the purpose of renovating the structure presently located on said property for use as a
<br />single family residential dwelling in compliance with the R-75 zoning district requirements;
<br />and
<br />
<br /> WHEREAS, said property is no longer needed by the City of Portsmouth and is hereby de-
<br />clared to be excess property; and
<br />
<br /> WHEREAS, it is the determination of this Council that acceptance of the proposal of
<br />Michael J. Wise to purchase said property is in the best interest of the City.
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia, that
<br />the proposal of Michael J. Wise to purchase the hereinafter-described property known as 4310
<br />County Street for the sum of Three Thousand, Five Hundred Eighty ($3,580.) Dollars for the
<br />purpose of renovating the present structure for use as a single family residential dwelling
<br />be, and the same hereby is, accepted.
<br />
<br /> BE IT FURTHER RESOLVED that the City Manager be, and he
<br />such deeds and other documents as may be necessary to convey
<br />perry pursuant to the intent of this resolution:
<br />
<br />hereby is, authorized to execute
<br />the hereinafter-described pro-
<br />
<br /> All those certain lots, pieces or parcels of land situate, lying and being
<br />in the City of Portsmouth, Virginia, known, numbered, and designated as lots
<br />14 and 16, block 17, plat of the Virginia Realty and Investment Company,
<br />recorded in the Clerk's Office of the Circuit Court of the City of Chesapeake,
<br />Virginia, in Map Book 4, Page 94."
<br />
<br />Ayes: Barnes, Beamer, Gray, Oast, Webb, Whitlow, Johansen
<br />Nays: None
<br />
<br /> 82-10 "Consideration of a resolution requesting the Department of Highways and Trans-
<br />portation to declare a portion of 1-664 as an "Essential Gap."
<br />
<br /> Due to the lack of funds for major highway construction at both the State and Federal
<br />levels, the City of Newport News has requested that a segment of the proposed 1-664 Interstate
<br />Highway between Newport News and Chesapeake be declared an "Essential Gap." Said designation
<br />would establish a high priority for this project and expedite its funding. The construction o~
<br />this segment of 1-664 will eventually connect with the proposed Western Freeway and the existi~
<br />1-264, the completion of which will improve immensely Portsmouth's overall highway transporta-
<br />tion system. The City Manager recommends adoption.'
<br />
<br />Motion of Mr. Beamer and seconded by Mrs. Webb, to adopt the resolution.
<br />
<br /> Substitute motion of Mr. Oast and seconded by Mr. Gray, that the matter be deferred to
<br />the next meeting (January 26, 1982],and was adopted by unanimous vote.
<br />
<br /> 82-11 "C~nsideration of a motion authorizing the City Manager to sign a non-binding
<br /> letter of intent with the firm of Homer, Barksdale and Company as underwriter and proceed
<br /> with the issuance of Grant anticipation Notes as ameans of providing construction financing
<br /> for the Pinners Point Sewage Treatment Plant.
<br />
<br /> This motion authorizes the City Manager to engage the services of Horner, Barksdale and
<br /> Company as underwriter and proceed with the necessary steps to sell Grant Anticipation Notes
<br /> as the interim financing on the grant portion of the upgrade of the Pinners Point Sewage
<br /> Treatment Plant. The proposa~ has been reviewed by the Municipal Finance Commission and they
<br /> recommend approval.. The City Manager recommends adoption." ~ /
<br />
<br /> Motion of Mr. Whitlow an~ seconded by Mr. Beamer, that authorization be granted to the
<br />_City Manager to sign a non-binding ~etter of intent with the firm of Hornet, Barksdale and
<br /> Company, as requested, and wag adopted by unanimous vote.
<br />
<br /> 82-12 "Consideration of a motion to abate and refund, with interest, Real Estate Taxes
<br />assessed and paid in error.
<br />
<br /> This motion will authorize the abatement and
<br />Mr. Hugh H. Maxwell, which were assessed and paid
<br />1980-81. The City Manager recommends adoption."
<br />
<br />refund of $14.79 in Real Estate Taxes, to
<br />in error for the fourth auarter of tax year
<br />
<br />
<br />
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