Legislation # 06-0386 Enactment Number none
Type Acquisitions Effective Date 7/19/2006
Introduction Date 7/19/2006
Title Acquisition of property commonly known as 21 Barrack Street from Michael Letourneau and Linda E. Atkins.
 
Legislation History 06-0386
DateNotice Of ActionDescription
7/19/2006 Approved
6/20/2006 Received By Clerk's Office
 
View Attachments 06-0386
FileTypeSizeDescription
Letourneau_ 21 BarrackSt.Plan.pdf Map 283K Planemetric map
Letourneau_21 BarrackStAerial.pdf Map 2622K Aerial map
LETOURNEAU_21Barrack_CONTR.doc Contract 65K Agreement of Sale
LETOURNEAU Short-term.doc Contract 70K Occupancy Agreement
 
Legislation Text 06-0386

 

City of Hampton, Virginia

Acquisitions

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

File Number: 06-0386

 

Enactment Number: -

 

Acquisition of property commonly known as 21 Barrack Street from Michael Letourneau and Linda E. Atkins.

 

A RESOLUTION TO APPROVE A PROPERTY

PURCHASE CONTRACT AND SHORT TERM LEASE BACK

 

WHEREAS, staff negotiated a contract for the City of Hampton to purchase 21 Barrack Street from Michael Letourneau and Linda E. Atkins; and

 

WHEREAS, the aforesaid property is being acquired as part of the Crossroads Redevelopment Project for assemblage and potential development of additional Coliseum Complex surface parking; and

 

WHEREAS, the negotiated contract price of $182,000 is deemed fair and reasonable, the terms of the contract are acceptable, and acquisition money will come from the CIP Fund for Crossroads Parking, and it is in the public interest to acquire the property; and

 

WHEREAS, the property owners desire a short term 90 day holdover lease to allow the property owners more time to find and move to a replacement residence;

 

NOW THEREFORE, BE IT RESOLVED by the Council of the City of Hampton, Virginia: that the aforesaid property purchase contract and short term Lease is hereby approved and that all necessary closing documents may be executed by the City Manager or his designee.

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on July 19, 2006.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council