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Council approves acquisition for Sylvia Lane drainage, IDA bonds for CNU affiliates and Choice Neighborhood appropriation
Summary
Council voted unanimously to allow property acquisition for the Sylvia Lane drainage project, approved revenue bonds (not to exceed $3M) for Christopher Newport University affiliates and appropriated $6.4M from FY2025 bond authorization for Choice Neighborhood Initiative Phase 5 construction.
At the April 14 meeting the council approved several formal actions related to capital projects and economic development.
Property acquisition for Sylvia Lane drainage: Council opened and closed the public hearing on an ordinance authorizing the city manager to execute documents to acquire by voluntary sale or condemnation a portion of property at 120 Sylvia Lane for a drainage project.…
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