Legislation # 07-0543 Enactment Number none
Type Miscellaneous Consent Item Effective Date none
Introduction Date 10/10/2007
Title A Resolution of the Council of the City of Hampton, Virginia authorizing the appropriation of $550,000 from the Economic Development Fund to the Industrial Development Authority of the City of Hampton, Virginia to complete a signalized intersection on Hampton Roads Center Parkway.
 
Legislation History 07-0543
DateNotice Of ActionDescription
10/10/2007 Approved items 1-3, 5-7, 9, and 11-13 on the consent agenda.
9/28/2007 Received By Clerk's Office
 
View Attachments 07-0543
FileTypeSizeDescription
HRCSouth_TrafficSignal.PNG Advertisement 3820K Aerial - Intersection Area
IDA Res.pdf Advertisement 65K Resolution - Hampton IDA
 
Legislation Text 07-0543

 

City of Hampton, Virginia

Miscellaneous Consent Item

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0543

 

Enactment Number: -

 

A Resolution of the Council of the City of Hampton, Virginia authorizing the appropriation of $550,000 from the Economic Development Fund to the Industrial Development Authority of the City of Hampton, Virginia to complete a signalized intersection on Hampton Roads Center Parkway.

 

WHEREAS, the Industrial Development Authority of the City of Hampton entered into a land sale contract with Riverside Healthcare Associates, Inc., on January 11, 2005, for property located in Hampton Roads Center South Campus, the terms of which required the construction of a fully signalized intersection at Hampton Roads Center Parkway and Enterprise Parkway;

 

WHEREAS, the City Council has previously appropriated $650,000 in the FY08 budget, for infrastructure improvements relative to the design and construction of a fully signalized intersection on Hampton Roads Center Parkway;

 

WHEREAS, additional safety concerns associated with project will require an additional $550,000; and

 

WHEREAS, the City Council has determined that the public safety of the citizens of the City of Hampton will be protected with a signalized intersection at Hampton Roads Center Parkway and associated improvements and the enhancement of the property in Hampton Roads Center South Campus and its continuation as a competitive choice for expanding and new companies is in the public interest.

NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Hampton, Virginia that the sum of $550,000 be appropriated from the Economic Development Fund to the Industrial Development Authority of the City of Hampton, Virginia for the completion of construction of a signalized intersection on Hampton Roads Center Parkway.

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on October 10, 2007.

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council