Minutes 04/22/1980 - Laserfiche WebLink

Home Browse Search

April 22, 1980 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia: 1. For the purpose of various public improvements in the Crawford Urban Renewal Project consisting of the Crawford Harbor Parking Facility and other improvements for water- front development, there shall be issued Five Million, Three Hundred Fifty Thousand ($S,380,0~ Dollars of bonds of the City of Portsmouth to be known as General Obligation Bonds pursuant to the provisions of Chapter S of Title 15.1 of the Code of Virginia, 1950, as amended, and provisions of law applicable thereto. The said bonds shall be serial bonds and shall be issued at one time and shall be in such form and of such denominatmon as the Council shall direct. Each issue shall be payable not exceeding forty (40) years from its date, and said bonds shall bear interest at a rate or rates to be hereinafter-determined by the Council upon the sale of said bonds, providing that the maximum rate of interest shall not exceed the maximum rate of interest authorized by law at the time of the sale of said bonds. 2. BE IT FURTHER RESOLVED that the City Manager is authorized to execute such documents and agreements pertamning to the Crawford Urban Renewal Project including the Crawford Harbor Parking Facility_and other improvements for waterfront development as may be necessary. 3. This resolution shall take effect from the date of its adoption." 80-150 Ayes: Barnes, Nays: None Consideration Beamer, Early, Gray, Holley, Oast, Davis of a motion to transfer S18,180 from Public Safety to Education. This motion will provide the necessary funds to transfer the school guards from the Police payroll to the School payroll. Under the current law for unemployment insurance School Board employees are exempt during summer months; whereas, City employees are not. This transfer will enable the school system to become the employer. This has been discussed with~th~e~Supe~int~nden~ and_the School Board who haYe_¢oncurred with the recommended ~.han~e. The City Manager zecommends adoption bf tRis motion~.~! Motion of Mr. Gray and seconded by Mr. Barnes, that authorization be granted to transfer $18,180, as requested, and was adopted by unanimous vote. R0-151 "C6nsideration of a motion to transfer $57,326 from the Grants Contingency Account in order to establish Urban Parks and Recreation Recovery Planning and Innovation Projects under the Department of Parks and Recreation. This motion would provide the funds necessary to establish two projects available through the Urban Parks and Recreation Recovery Act of 1979. The first would prepare a five-year Action Plan to rehabilitate recreation facilities in the City and the second would provide training programs and materials in order to strengthen volunteer participation · n community Parks and Recreation programs. The projects require a match ration of ?0 percen Federal and 30.percent local and as a consequence will be supported by $51,649 in Federal funds, $5,677 in local cash and $24,372 in local in-kind services. The City Manager recommen~ adoption of this motion." Motion of Mr. geamer and seconded by Mr. Holley, that authorization be granted to trans- fer $57,326 from the Grants Contingency Account, as requested, and was adopted by 5-2 (Early and Oast Nay)'9ote. 80-152 "Submission of a report from the City Manager on the Portsmouth Retirement System as it relates to "after retirement" benefits and increases to retirees. This report is being furnished for your information in accordance with requests of the City Manager." Motion of Mr. Gray and seconded byMr. Early, the report to be received as information, and was adopted by unanimous vote. 80-153 "Submission of the City Manager's Quarterly Financial Report for the operating funds for the period ending March 31, 1980." report be received and filed, and was Motion of Mr. Eagly and seconded by Mr. Gray, the adopted by unanimous vote. NEW BUSINESS 80-156 - "Consideration of a resolution endorsing the 1980 Census of School Age Population." (Letter attached) Motion of Mr. Gray and seconded by Mr. Early, the letter from Glenn Burdick, Census Director, Portsmouth PuBlic Schools, to be received as information, and was adopted by unanimous vote. On motion of Mr. Holley and seconded by Mr. Gray, the following resolution was adopted, and by the following vote: o.)