Legislation # 15-0035 Enactment Number none
Type Resolution Effective Date none
Introduction Date 1/28/2015
Title Resolution Authorizing the Execution of a Lease Agreement between the City of Hampton and Newport News Shipbuilding Employees’ Credit Union, Inc., D/B/A Bayport Credit Union to Lease Approximately 1,200 square feet on the Third Floor of City Hall at 22 Lincoln Street for Operation of a Credit Union
 
Legislation History 15-0035
DateNotice Of ActionDescription
1/28/2015 Approved
1/28/2015 Held Public Hearing - there were no speakers on this item.
1/28/2015 Presented by Rick Russ, Director of Fleet Services, and a volunteer President of the Board of Directors of the Hampton City Employees Credit Union.
1/20/2015 Received By Clerk's Office
 
View Attachments 15-0035
FileTypeSizeDescription
Bayport Lease Agreement.pdf Other 510K Bayport Lease Agreement
 
Legislation Text 15-0035

 

City of Hampton, Virginia

Resolution

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 15-0035

 

Enactment Number: -

 

Resolution Authorizing the Execution of a Lease Agreement between the City of Hampton and Newport News Shipbuilding Employees Credit Union, Inc., D/B/A Bayport Credit Union to Lease Approximately 1,200 square feet on the Third Floor of City Hall at 22 Lincoln Street for Operation of a Credit Union

 

RESOLUTION

WHEREAS, the City of Hampton is the record owner of 1200 square feet of office space on the third floor of City Hall which is currently occupied by the Hampton Employees Credit Union (HECU);

WHEREAS, HECU has merged with Newport News Shipbuilding Employees Credit Union, Inc., d/b/a Bayport Credit Union (Bayport);

WHEREAS, Bayport desires to continue in the space previously occupied by HECU in order to transition operations and assist Hampton employees to transition to the use of other Bayport branches; and

WHEREAS, the Council has determined that the terms and conditions of the Lease Agreement are acceptable.

NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Hampton, Virginia, that it approves the Lease Agreement with Newport News Shipbuilding Employees Credit Union, Inc., d/b/a Bayport Credit Union to lease approximately 1,200 square feet on the third floor of City Hall and, accordingly, the City Manager or her authorized Designee is hereby authorized to execute and deliver to Newport News Shipbuilding Employees Credit Union, Inc., d/b/a Bayport Credit Union the Lease Agreement in substantially the same form as attached hereto.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on January 28, 2015.

 

 

 

Signed by ____________________________ Date _________________

George E. Wallace, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass, CMC

Clerk of the Council