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June 24, lg88
<br />
<br /> Accordingly, I have directed that the Health Department take the necessary steps to
<br />abate this public health nuisance."
<br />
<br /> Rufus McRae,
<br />that he disagreed
<br />willifiB to work
<br />
<br />1217 Coltrante Drive, pyekented pictures taken from the area and stated
<br />with the Health Department as being labeled 'property unsanitary' and was
<br />together to take care of the problem.
<br />
<br /> Motion of Mr. Barnes and seconded by Mr. Gray, the report to be received as information
<br />and that the Health Department to work with M~. McRae to solve the problem, and was adppted
<br />by unanimous vote.
<br />
<br />The City Manager presented the following reports:
<br />
<br /> 80J2~0-- ,,Consideration of a resolution autho~i~zing the issuance of $1,938,--3 of bonds
<br />of-the. City-of Portsmouth, Virginia, to be known as General Obligation Public Improvement
<br />Bonds for the purpose of providing funds to pay the cost of various improvement projects
<br />of the City of Portsmouth.
<br />
<br /> This resolution is a re-authorization of bonds that were previously approved by City
<br />Council for the projects shown on the attached sheet. Based on the information that we have
<br />received from the City's bond attorney, a re-authorization of the entire bond amount mmmt
<br />be adopted to reinstitute legal basis for bond anticipation notes. This action does not in-
<br />crease ~he City's general obligation for bond authorization. It onl) re-establishes the 1.9
<br />million dollars as of this date and supersedes the previous resolution. The City Manager
<br />recommends adoption."
<br />
<br /> On motion of Mr. Oast and seconded by Mr. Gray, the following resolution was adopted,
<br />and by the following vote:
<br />
<br />"A RESOLUTION AUTHORIZING THE ISSUANCE OF $1,938,773. OF BONDS OF THE CITY OF
<br />PORTSMOUTH, VIRGINIA, TO BE KNOWN AS GENERAl OBLIGATION PUBLIC IMPROVEMENT
<br />BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PAY THE COST OF VARIOUS IMPROVE-
<br />MENT PROJECTS OF THE CITY.
<br />
<br /> WHEREAS, it is necessary for the City of Portsmouth to provide funds for the projects
<br />as hereinafter set forth; and
<br />
<br /> WHEREAS, there are no funds in the treasury of ~he City of Portsmouth applicable to
<br />the payment o'f said expenses and the cost of said projects and it is, accordingly, necessary
<br />to issue General Obligation Public Improvement Bonds of the City o£ Portsmouth in the sum
<br />oF One Million, Nine Hundred Thirty~ight Thousand, Seven Hundred Seventy-three Dollars
<br />($1,938,773.) for those purposes.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia:
<br />
<br /> (1) For the purposes of urban renewal, parks and recreation, public safety, public
<br />transportation, purchase of property, drainage and street improvements, community services
<br />and waterfront development, it shall be issued One Million, Nine Hundred Thirty~ight
<br />Thousand, Seven Hundred Seventy-three Dollars ($1,938,773.) ~£ bonds of the City of Portsmout
<br />to be known as General Obligation Public Improvem~n~t Bbn~s pursnant to the provisions of
<br />Chapter 5 of Title 15.1 of the Code of Virginia, 19S0, as amended, and provisions of law
<br />applicable thereto. The said bonds shall be serial bonds and shall~be issued at one time
<br />and shall be in such form and of such denomination as the Council shall direct. Each issue
<br />shall be payable not exceeding forty (40) years from its date, and said bonds shall bear
<br />interest at a rate or rates to be hereinafter determined by the Council upo~ the sale of
<br />said bonds, providing that the maximum rate of interest shall not exceed the maximum rate
<br />of interest authorized by law at the time of the sale of said bonds.
<br />
<br />(2) This resolution shall take effect ~rom the date of its adoption."
<br />
<br />Ayes: Bar~es, Beamer, Early, Gray, Holley, Oast, Davis
<br />Nays: None
<br />
<br />80-221 "Consideration of a~ ordinance to close a port~on of Fairfax Avenue.
<br />
<br /> E.L. Copeland, et.al., has made application to close a port~on of Fairfax A~enue between
<br />Parker Avenue and Walnut Street. Viewers were appointed on May 15, 1980 in accordance with
<br />state law and a copy of their report and a map showing the portion to be closed is attached
<br />for your information. The City Manager recommends ~dgption."
<br />
<br /> On motion of Mr. Early and seconded by Mr. Gray, the following~ordinance was adopted on
<br />first and finaI reading, and by the following vote:
<br />
<br />"AN ORDINANCE CLOSING A PORTION OF FAIRFAX AVENUE."
<br />
<br />Ayes: Barnes, Beamer, E~rly,
<br />Nays: None
<br />
<br /> of a resolntion
<br />
<br /> 80-222 "Consideration
<br />RuTter Street..
<br />
<br />Gray, Holley, Oast, Davis
<br />
<br />appointing viewers for closing a portion of
<br />
<br /> Curtis Coan has petitioned the City for
<br />tween Peninsula Avenue and Columbia 'Street.
<br />with s~ate law. The City Manager recommends
<br />
<br />the closing of a portion of~Rutter Street be-
<br />This resolution appo.ints viewers in accordance
<br />adoption.'
<br />
<br />
<br />
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