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7/9/26, 2:57 PM City Council Regular Meeting - Dec 09 2025 - Midtown Community Center (570 McLawhorne Dr, Newport News, VA 23601) - Minute…
7. Item 2 of 2: Resolution Appropriating $3,030,000 of FY 2025 Year-End Surplus
Funds to the Port Warwick Foundation to Support a Festival in the City of
Newport News
A RESOLUTION APPROPRIATING FUNDS FROM FISCAL YEAR 2025 YEAR END
SURPLUS TO THE PORT WARWICK FOUNDATION TO SUPPORT A FESTIVAL IN THE
CITY OF NEWPORT NEWS.
The City of Newport News recognizes the Port Warwick Foundation as a non-
profit organization that brings arts and entertainment to the residents, which
includes its popular Summer Concert Series.
Under Virginia law, the City was allowed to provide funding to charitable
organizations that serve local residents and help promote the City’s resources
and attractions.
To support the Foundation’s efforts, it is requested that City Council approve a
resolution appropriating $3,030,000 to help fund a special arts and
entertainment event scheduled for Memorial Day Weekend 2026. This funding
would be provided under specific terms and conditions. In addition, the
Agreement included a $30,000 donation to the Port Warwick Foundation.
The funding source for this appropriation is FY 2025 year-end surplus, in the
amount of $3,030,000.
The City Manager recommends approval.
(No registered speakers)
Moved by Vice Mayor Curtis D. Bethany III, seconded by Councilman Cleon M.
Long, P.E., approval of the resolution.
Mayor Jones expressed excitement about the upcoming festival and its
potential economic impact, noting it would help drive growth for the entire
community.
Carried by the following votes:
Ayes: Councilman Cleon M. Long, P.E., Vice Mayor Curtis D. Bethany III,
Councilman Robert Coleman, Councilman Marcellus L. Harris III, D.
Div., and Mayor Phillip Jones
8. Ordinance Authorizing the Issuance of up to $85,000,000 General Obligation
General Improvement (GOGI) Refunding Bonds
AN ORDINANCE AUTHORIZING THE ISSUANCE OF NOT TO EXCEED EIGHTY-FIVE
MILLION DOLLARS ($85,000,000) AGGREGATE PRINCIPAL AMOUNT OF GENERAL
OBLIGATIONS OF THE CITY OF NEWPORT NEWS, VIRGINIA, IN THE FORM OF
CITY OF NEWPORT NEWS, VIRGINIA, GENERAL OBLIGATION GENERAL
IMPROVEMENT REFUNDING BONDS FOR THE PURPOSE OF PROVIDING FUNDS
TO REFUND AND REDEEM CERTAIN OUTSTANDING GENERAL OBLIGATION
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