Legislation # 07-0644 Enactment Number none
Type Resolution Effective Date 12/19/2007
Introduction Date 12/19/2007
Title Resolution Appropriating $436,595.50 Transferred from the HRHA to the City's Capital Projects Fund to Fund the Construction of the First Phase of the Newmarket Creek Park and Trail System.
 
Legislation History 07-0644
DateNotice Of ActionDescription
12/19/2007 Approved items 2 through 9 and 11 through 18 on the consent agenda.
12/6/2007 Received By Clerk's Office
 
View Attachments 07-0644
FileTypeSizeDescription
Exhibit A.doc Exhibit 34K Exhibit A
HRHA Resolution 11-28-07.pdf Other 242K HRHA Resolution and Certification
Phase IA Site Layout plan.pdf Other 2267K Phase IA Site Layout Plan
H20_Development_.pdf Map 2080K H2O Development Site Plan
 
Legislation Text 07-0644

 

City of Hampton, Virginia

Resolution

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0644

 

Enactment Number: -

 

Appropriation of $436,595.50 received from the HRHA to fund the construction of the first phase of the Newmarket Creek Park and Trail System.

 

RESOLUTION

WHEREAS, under the terms of the Development Agreement between the Hampton Redevelopment and Housing Authority (HRHA) and Sandler at Coliseum Central, L.L.C. (Sandler) for the H2O residential project, the HRHA and City are committed to utilize the proceeds from the sale of land to Sandler for the acquisition of additional land along Freeman Drive and Armistead Avenue for the Newmarket Creek Park improvements, the construction of improvements along Freeman Drive and Armistead Avenue for the road realignment and improvements to Newmarket Creek Park and Trail System project, the construction and the continuation of the public pedestrian trail and park improvements through the Sandler residential project and beyond Freeman Drive and Armistead Avenue; and

 

WHEREAS, City staff is currently working with a consultant on the construction documents for the first phase of the Newmarket Creek Park and Trail System (the Park Project) and funding for this portion of the Park Project will come from the transfer of the H2O proceeds from the HRHA to the Citys Capital Projects Fund; and

 

WHEREAS, on November 28, 2007, the HRHA approved (a) the use of the $436,595.50 representing the balance of the 1st payment of the purchase price proceeds it received from the sale of its property to Sandler for the construction of the first phase of the Park Project, and (b) the transfer of said funds to the Citys Capital Projects Fund; and

 

WHEREAS, the HRHA has transferred the aforementioned funds to the City to be used for the construction of the first phase of the Park Project.

NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Hampton, Virginia, that the sum of $436,595.50 be appropriated to the Capital Projects Fund for the purpose of constructing the first phase of the Newmarket Creek Park and Trail System.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia, held on December 19, 2007.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council