Legislation # 06-0290 Enactment Number none
Type Resolution - Budget Item Effective Date none
Introduction Date 5/10/2006
Title Resolution authorizing the appropriation of $35,500 from the Economic Development Fund Undesignated Fund Balance to the Industrial Development Authority for signage upgrades to begin physical improvements in Langley Research and Development Park
 
Legislation History 06-0290
DateNotice Of ActionDescription
5/10/2006 Approved items 1 through 6 on the consent agenda.
5/1/2006 Received By Clerk's Office
 
View Attachments 06-0290
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Legislation Text 06-0290

uyou

 

City of Hampton, Virginia

Resolution - Budget Item

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 06-0290

 

Enactment Number: -

 

Resolution authorizing the appropriation of $35,500 from the Economic Development Fund Undesignated Fund Balance to the Industrial Development Authority for signage upgrades to begin physical improvements in Langley Research and Development Park

 

WHEREAS, the Langley Research and Development Park Business Association (the Association) was formed in 2000 and currently represents 36 businesses and 17 property owners who employ approximately 750 people;

 

WHEREAS, the Industrial Development Authority of the City of Hampton, Virginia (the Authority) is currently the majority owner of property in Langley Research and Development Park and a member of the Association;

 

WHEREAS, the Association has requested the Authority to assist them with improving the appearance of Langley Research and Development Park by upgrading the parks signage as an initial step;

 

WHEREAS, the Authority supports the request to replace the aging signage and make electrical, landscaping and other improvements to improve the appearance and image of Langley Research and Development Park;

 

WHEREAS, the Hampton City Council supports the business and property owners within Langley Research and Development Park;

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

 

1. That it approves the allocation of $35,500 from the Economic Development Fund Undesignated Fund Balance for signage, electrical, landscaping and other improvements within Langley Research and Development Park.

 

2. This resolution shall take effect immediately.

Adopted at a regular meeting of the City Council of the City of Hampton, Virginia, on May 10, 2006.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council