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Council approves five-year CIP and authorizes Seafood Industrial Park lease to EDA for market project
Summary
The Newport News City Council approved the city's five-year capital improvement plan and authorized a 20-year lease of Parcel 1A in the Seafood Industrial Park to the Newport News Economic Development Authority to support an upcoming seafood market project.
Newport News City Council on May 13 approved the city's five-year capital improvement plan and separately authorized a long-term lease of Parcel 1A in the Seafood Industrial Park to the Newport News Economic Development Authority to support a forthcoming seafood market project.
Council approved a resolution to adopt the FY2026 capital improvement plan (CIP) covering fiscal years 2026 through the plan horizon. In presenting the plan, staff described it as a multi-year financial plan that lists projects by category and includes a five-year funding summary. The presentation cited a…
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