Legislation # 07-0124 Enactment Number none
Type Acquisitions Effective Date none
Introduction Date 3/14/2007
Title Acquisition of property, known as Pressey Lane 130 X 180 (RPC No. 2002244) & 54 Pressey Lane (RPC No. 2002242), from George A. Parker Jr. and Annie M. Parker
 
Legislation History 07-0124
DateNotice Of ActionDescription
3/14/2007 Approved
3/2/2007 Received By Clerk's Office
 
View Attachments 07-0124
FileTypeSizeDescription
Robert-54_60_Pressey_Aerial.pdf Photo 2257K Aerial Photo
Robert-54_60_Pressey.pdf Map 1125K Aerial Map
Parker agr signed.doc Contract 66K Agreement
Exhibit A.doc Exhibit 27K Acquisition Costs
 
Legislation Text 07-0124

 

City of Hampton, Virginia

Acquisitions

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0124

 

Enactment Number: -

 

Acquisition of property, known as Pressey Lane 130 X 180 (RPC No. 2002244) & 54 Pressey Lane (RPC No. 2002242), from George A. Parker Jr. and Annie M. Parker

WHEREAS, the Council of the City of Hampton has set as a priority the revitalization of the Kecoughtan Area to attract investment, new business and new vitality through the adoption of the Kecoughtan Road Corridor Master Plan, and any amendments thereto.

WHEREAS, staff has obtained a contract for the City to purchase real property located at Pressey Lane 130 x 180 (RPC No. 2002244) & 54 Pressey Lane (RPC No. 2002242) (collectively, the "Property") in the Kecoughtan Road Corridor Master Plan area from George A. Parker Jr. & Annie M. Parker, for $74,000.00;

WHEREAS, the purchase price of $74,000.00 is deemed fair and reasonable, the Agreement of Sale that is attached to this Resolution sets forth reasonable and acceptable terms, and funding to acquire the Property, including all acquisition costs as set forth in Exhibit A attached hereto, will come from the Kecoughtan Corridor Acquisition Fund, #20-810-B223-08110; and

WHEREAS, the purchase of this Property is strategic for assemblage and development of the Kecoughtan Road Area in accordance with the Kecoughtan Road Corridor Master Plan and is manifestly in the public interest.

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

1. That the City Manager or his designee is hereby authorized and directed to (i) execute the Agreement of Sale with George A. Parker Jr. & Annie M. Parker, in substantially the form attached to this Resolution, with such modifications as the City Manager or his designee, on the advice of counsel, believes to be in the interest of the City, and (ii) any and all necessary legal documents to effectuate the transfer of title; such documents shall include, but not be limited to, contracts, deeds, easements, releases for sale and transfer, and conveyance of the Property; and

2. That this Resolution shall be effective upon adoption.

 

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on March 14, 2007.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council