Legislation # 08-0351 Enactment Number none
Type Resolution Effective Date none
Introduction Date 8/20/2008
Title A Resolution Authorizing the City Manager to Implement Certain Redevelopment Initiatives of the Buckroe Master Plan by Acquisition of Certain Strategic Properties, and Appropriating $1,500,000 from Undesignated Fund Balance for Property Acquisitions.
 
Legislation History 08-0351
DateNotice Of ActionDescription
8/20/2008 Adopted
8/11/2008 Received By Clerk's Office
 
View Attachments 08-0351
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Legislation Text 08-0351

 

City of Hampton, Virginia

Resolution

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 08-0351

 

Enactment Number: -

 

A Resolution Authorizing the City Manager to Implement Certain Redevelopment Initiatives of the Buckroe Master Plan by Acquisition of Certain Strategic Properties, and Appropriating $1,500,000 from Undesignated Fund Balance for Property Acquisitions.

 

WHEREAS, Hampton City Council (Council)has approved the Buckroe Master Plan, as amended, and desires to implement one of the redevelopment initiatives set forth in that Master Plan;

 

WHEREAS, the redevelopment initiative requires assemblage of certain strategically located properties necessary to meet the redevelopment goals of the initiative;

WHEREAS, Council directed the City Manager to develop a plan and strategy for implementing this initiative including acquisition of certain properties as necessary; and

 

WHEREAS, the City Manager and staff have provided City Council a briefing on the proposed plan and strategy necessary to implement the redevelopment initiative in properly called closed session discussions on June 18, 2008 and after.

 

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Hampton, Virginia as follows:

 

1. That the City Manager is hereby authorized to implement that component of the redevelopment initiatives of the Buckroe Master Plan discussed by the Council in closed session on June 18, 2008 and after.

 

2.                  That the City Manager or his authorized designee is hereby authorized to acquire strategic properties necessary to implement that component of the redevelopment initiatives of the Buckroe Master Plan discussed by the Council in closed session on June 18, 2008.

 

3.                  That $1,500,000.00 (ONE MILLION FIVE HUNDRED THOUSAND DOLLARS AND NO CENTS) is hereby appropriated from the undesignated fund balance of the Citys General Fund to fund property acquisitions and related demolition in support of the redevelopment initiative referenced in the preceding recitals.

 

BE IT FURTHER RESOLVED, by the Council of the City of Hampton that all proceeds from the sale of City-owned property in the Buckroe area arising from the implementation of the Buckroe Master Plan redevelopment initiative that is the subject of this resolution be deposited into the Citys General Fund revenues account described as Sales of Material and Property.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on August 20, 2008.

 

 

 

Signed by ____________________________ Date _________________

Molly Joseph Ward, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council