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368
<br />
<br />computing the Virginia income tax.
<br />respective Bonds.
<br />
<br /> January 22, 1980
<br />
<br />A cepy of the respective opinion will be printed on the I
<br />
<br /> Requests for proposal forms, for the official statement pertaining so the Bonds and-for
<br />further information should be addressed to Mr. Roy W. Cherry, Director of Finance, City of
<br />Portsmout~ P. O. Box 820, Portsmouth, Virginia 23705. Proposal forms and the official statement
<br />may also obtained at the office of Messrs. Wood & Dawson, 48 Wall Street, New York, New
<br />York 10005.
<br />
<br />Robert T. Williams
<br />City Manager
<br />Portsmouth, Virginia
<br />
<br /> 11. The City Attorney of the City shall and is hereby directed to file a copy of this
<br />resolution, certified by the City Clerk of the City to be a true copy hereof, with the Circui~
<br />Court of the City of Portsmouth, Virginia, and said City Clerk shall and is hereby directed
<br />to phblish once within ten (10) days of the date of such filing a notice in the Virginian
<br />Pilot, a newspaper of general circulation in the City, in accordance with Section 15.1-199
<br />of the Code of Virginia, 19SO, as amended. Such notice shall be in substantially the following
<br />form:
<br /> "LEGAL NOTICE
<br />
<br /> Notice is hereby given pursuant to Section 15.]-199 of the Code of Virginia, 1950,
<br />as amended, that the Council of the City of Portsmouth, Virginia, adopted on January 22,
<br />1980, resolutions authorizing the issuance of $7,000,000 principal amount of General Obligation
<br />Public Improvement Bonds and $5,0OO,000 principal amount of General Obligation Public Utility
<br />Bonds of said City and caused certified copies of said resolutions-to be filed in the Circuit~
<br />Court of the City of Portsmouth on
<br />
<br /> The proceeds of sale of said Public Improvement Bonds shall be applied to %he payment
<br />the costs of the following public improvement projects in substantially the following respec-
<br />tive a~ounts:
<br />
<br />Community Services
<br />Education
<br />Parks and Recreation
<br />Public Safety
<br />Urban Transportation
<br />Drainage, Curbs, Gutters and
<br /> Street Improvements
<br />Urban Renewal
<br />Crawford Harbor Improvements:
<br /> Parking Garage Construction
<br /> Municipal Building Improvements
<br /> Street Improvements
<br />
<br />417,000.
<br />1,609,137.
<br />28,000.
<br />I16,47S.
<br />923,680.
<br />
<br /> 562,481
<br /> 431,227.
<br />
<br />1~220,OOO.
<br /> 872,000.
<br /> 820,000.
<br />
<br />total $ -,000,000.
<br />
<br />~rovided that if any project set forth above-shall require less than the entire respective
<br />amount set forth above, the difference may be 'applied to any other project set forth above.
<br />
<br /> The proceeds of sale of said Public Utility Bonds shall be applied to the payment of the
<br />costs of capital improvements, extensions and additions to said City's revenue-producing ware
<br />and sewerage system."
<br />
<br /> 12. Ail other resolutions, ordinances or orders or parts thereof in conflict with the
<br />provisions of this resolution are to the extent of such conflict hereby repealed.
<br />
<br />13. This resolution shall take effect from the date of its adoption."
<br />
<br />Ayes: Barnes, Beamer, Ea~y~':G~ay, Holley, Oast, Davis
<br />Nays: None
<br />
<br /> 80-36 "Consideration of ~ resolutmon authorizing the City Manager to execute the
<br />release of an easement for prpperty on Chowan Drive, north of Airline Boulevard.
<br />
<br /> In 1973 the City acquired a 15' easement in connection with the Airline Boulevard
<br />Drainage Project, along the northern property line of a parcel located on Chowan Drive.
<br />The Public Works Department has advised that there is currently no drainage pipe within
<br />%he easement and that there is no projected need for drainage in the future. The request
<br />for the easement release has been made in order that proposed construction of the property
<br />can Eetter utilize the parcel and provide sufficient space for construction of the building
<br />and necessary parking. The City Manager recommends adoption." '"
<br />
<br /> On motion of Mr. Early and seconded by Mr. Gray, the following resolution was adopted,
<br />and by the following vote:
<br />
<br /> "A RESOLUTION AUTHORIZING THE CITY MANAGER TO RELEASE A DRAINAGE EASEMENT
<br /> ON CHOWAN DRIVE NEAR AIRLINE BOULEVARD.
<br />
<br /> WHEREAS, by the easement dated January 17, 1973, recorded in Deed Book 613, P. 361,
<br />the CiSy of Portsmouth obtained a 15' drainage easement along the northern property line
<br /> property owned by Clarence R. Crawford and Mollie L.. Crawford; and
<br />
<br />of
<br />
<br />
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