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HomeMy Public PortalAbout1987_02_03_O003Leesb~rg in ~Zirginia ORDINANCE NO. AN ORDINANCE: PRESENTED February 3, ~987 87-0-3 ADOPTED February 3, 1987 APPROVING A SALES CONTRACT WITH WILLIAM C. THOMAS, TRUSTEE WHEREAS, the Town of Leesburg owns in fee simple an approximate 22 acre tract of land adjacent to Route 860; and WHEREAS, this Council by Resolution No. 86-251 has declared this land surplus; and WHEREAS, the tract was advertised for sale in the LOUDOUN TIMES-MIRROR; and WHEREAS, the town attorney has advised the Council that it has proper title sufficient to convey this tract pursuant to §15.1-307 of the 1950 Code of Virginia, as amended; and WHEREAS, said tract is comprised of two conforming building lots in the A-3 zoning district; and WHEREAS, William C. Thomas, Trustee, has submitted a sales contract with the requisite $2,000 deposit which represents an offer to purchase the tract for $168,500; and WHEREAS, the offer received from William C. Thomas, Trustee, represents the highest purchase price for the tract of all offers received; and WHEREAS, the Council desires to accept the offer from William C. Thomas, Trustee: THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows: -2- ORDINANCE - APPROVING A SALES CONTRACT WITH WILLIAM C. THOMAS, TRUSTEE SECTION I. The sales contract dated January 30, 1987, between the Town of Leesburg and William C. Thomas, Trustee, being the same as transmitted to the Council on February 2, 1987, is approved and the town manager shall execute the sales contract on behalf of the town. SECTION II. The Mayor shall execute such appropriate deeds and instruments as prepared by the town attorney to convey said tract to William C. Thomas, Trustee, upon payment of the $166,500 balance of the purchase price. SECTION III. This ordinance shall be in effect upon its passage. PASSED this 3rd day of February , 1987. John W. To~ber~'Jr., Acting Mayor Town of Leesburg ATTEST: Clerk of~ouncil