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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 />