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HomeMy Public PortalAbout1987_04_08_O013' ~eestmrg in C¥irginia PRESENTED April 8, 1987 ADOPTED April 8, 1987 ORDINANCE NO. 87-0-13 AN ORDINANCE: APPROVING THE SALE OF A PARCEL OF LAND TO FORT BEAUREGARD ASSOCIATES, INC. WHEREAS, Fort Beauregard Associates, Inc. has proposed to purchase a 2040 square foot parcel of land from the town to accommodate the preservation and relocation of the historic "Tollhouse" formerly located at 301Loudoun Street; and WHEREAS, the alternative to this proposal is razing the Tollhouse structure due to the pending construction of a new retail center on the site; and WHEREAS, appropriate modifications to the stream channel of the North Branch of Town Branch which runs through the parcel will be made to ensure that no increase in flooding occurs as a result of the proposed project; and WHEREAS, an independent appraisal of the parcel has established its value at $10,000; and WHEREAS, a storm and sanitary sewer maintenance and indemnification agreement has been developed which will protect the town's maintenance and liability interests associated with an existing sanitary sewer line and the storm sewer channel; and WHEREAS, a public hearing on the proposed property sale was held on April 8, 1987 pursuant to Section 15.1-18 of the Code of Virginia, 1950, as amended: THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows: 2 APPROVING THE SALE OF A PARCEL OF LAND TO FORT BEAUREGARD ASSOCIATES, INC. Section I. The Mayor is authorized to execute a deed with appropriate restrictive convenants to transfer the town's fee simple interest in the subject 2,040 square foot parcel to Fort Beauregard Associates, Inc. for the consideration of $10,000, conditioned on Fort Beauregard Associates, Inc. relocating and restoring the Tollhouse structure for commercial use. Section II. The manager is authorized to execute the aforementioned storm and sanitary sewer maintenance and indemnification agreement. Section III. The manager is authorized and directed to obtain a storm and sanitary sewer easement from Fort Beauregard Associates, Inc. prior to the mayor's execution of the aforementioned deed. Section IV. This ordinance shall be in effect upon its passage. PASSED this 8th day of April , 1987. Robert E. Sevila, Mayor Town of Leesburg ATTE ST: ,, f, ~ ,? ~: Clerk of?uncil