Legislation # 05-0680 Enactment Number none
Type Acquisitions Effective Date none
Introduction Date 11/9/2005
Title Proposed acquisition of property, known as 252 Seaboard Avenue, from Terry J. Gunnels and Shirley Gunnels.
 
Legislation History 05-0680
DateNotice Of ActionDescription
11/9/2005 Approved Items 3 through 10 on the Consent Agenda.
10/30/2005 Received By Clerk's Office
 
View Attachments 05-0680
FileTypeSizeDescription
Gunnels Agreement.doc Contract 59K Agreement of Sale
Gunnels Map.pdf Map 81K Map
Gunnels Aerial.pdf Photo 1679K Aerial Photograph
Gunnels Exhibit A REVISED.doc Exhibit 25K Exhibit A
 
Legislation Text 05-0680

 

City of Hampton, Virginia

Acquisitions

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 05-0680

 

Enactment Number: -

 

Proposed acquisition of property, known as 252 Seaboard Avenue, from Terry J. Gunnels and Shirley Gunnels.

 

A RESOLUTION AUTHORIZING THE EXECUTION

OF AN AGREEMENT OF SALE FOR THE PURCHASE OF 252 SEABOARD AVENUE

FROM TERRY J. GUNNELS AND SHIRLEY GUNNELS

 

WHEREAS, the Council of the City of Hampton has set as a priority the revitalization of Buckroe to attract investment, new business and new vitality to the Buckroe area through the adoption of the Buckroe Master Plan;

WHEREAS, staff has obtained a contract for the City to purchase a 114 x 98 square foot parcel of real property located at 252 Seaboard Avenue in the Buckroe area (the Property) from Terry J. Gunnels and Shirley Gunnels, for $165,000, which property consists of a 567 square foot dwelling;

WHEREAS, the purchase price of $165,000 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 CIP Fund-Buckroe Acquisition/Demolish; and

WHEREAS, the purchase of this Property is strategic for assemblage and development of Buckroe in accordance with the Buckroe 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 Terry J. Gunnels and Shirley Gunnels, 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 November 9, 2005.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council