Minutes 03/24&25/1981 - Laserfiche WebLink

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2, 3 March 25. 1981 (1) That the City of Portsmouth receive as revenue full tax equivalency including, but not limited to, real property tax, personal property tax and/or machinery and tool tax, as would be applicable if said development were privately owned and operated; (2) . That a plan for the orderly and satisfactory development of rail and transportat access to the subject property be developed in accordance with the traffic control requirement and environmental quality of life of the City of Portsmouth, and that the e×isting rail access lying within the boundaries of the City of Portsmouth not be used to serve the coat facility; and (3) That the Virginia Port Authority be limited in the amount of land, including waterfront access, to be acquired to only that acreage shown on a plat entitled, "VPA Proposal, Coal Terminal, Overlay", dated March t98t, prepared by the Office of City Planning of the City of Portsmouth, and that the facility be limited to having an annual capacity not to exceed twenty five million tons. BE IT FURTHER RESOLVED by the Council of the City of Portsmouth, Virginia, that th~ Governor of Virginia assure the General Assembly that all other potential sites for such facility in Hampton Roads have been thoroughly investigated before a decision to proceed with this facility, and that the ultimate long term requirement of construction of additional coal exporting capacity in VirgiRia is~necessary and financially viable. BE IT FURTHER RESOLVED that the City Clerk be, and she hereby is, authorized to forward copies of this resolution to the Governor of the Commonwealth of Virginia, and to Senator Willard J. Moody, Delegate L. Cleaves Manning, Delegate John S. Joannou and Delegate William O'Brien of the General Assembly of Virginia." Ayes: Beamer, Gray, Webb, Whitlow, Johansen Nays: None On motion meeting adjourned. APPROVED -~