Legislation # 07-0270 Enactment Number none
Type Resolution Effective Date none
Introduction Date 5/9/2007
Title A Resolution Appropriating $940,000.00 from Unappropriated Bond Interest Income for Real Property Acquisition and Related Costs for the Improvement of Access to and Preservation of Open Space at Sandy Bottom Nature Park.
 
Legislation History 07-0270
DateNotice Of ActionDescription
5/9/2007 Approved
5/2/2007 Received By Clerk's Office
 
View Attachments 07-0270
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Legislation Text 07-0270

 

City of Hampton, Virginia

Resolution

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0270

 

Enactment Number: -

 

A Resolution Appropriating $940,000.00 from Unappropriated Bond Interest Income for Real Property Acquisition and Related Costs for the Improvement of Access to and Preservation of Open Space at Sandy Bottom Nature Park.

 

RESOLUTION

WHEREAS, the Council of the City of Hampton has determined that, subject to appropriate due diligence, it is in the public interest, as set forth in the Citys Comprehensive Plan, to accept Daniel A. Rosinskis offer to sell to the City the parcel of real property at the intersection of Big Bethel Road and Hampton Roads Center Parkway known as 1227 Big Bethel Road, as well as the parcel offered for sale by Mr. Rosinski and known as 1237 Big Bethel Road for $925,000.00 in order to improve access to and preserve open space in the area of Sandy Bottom Nature Park; and

WHEREAS, Council is advised that in addition to the purchase price of $925,000.00, $15,000.00 is necessary for closing costs and to pay for demolition of structures on the property.

NOW, THEREFORE, BE IT RESOLVED that $938,000.00 is hereby appropriated from presently unappropriated bond interest income to fund the purchase of the real properties described in this resolution and the related expenses described above.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on May 9, 2007.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council