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HomeMy Public PortalAbout1994_06_28_R140The Town of Leesburg, .rg ma RESOLUTION NO. A RESOLUTION: PRESENTED June 28~ 1994 94-140 ADOPTED June 28. 1994 AUTHORIZING A SETTLEMENT FOR THE TOWN OF LEESBURG VS. TRANSAMERICAN AIRPORTS, INC. LAND ACQUISITION CONDEMNATION SUIT WHEREAS, the Leesburg Town Council Resolutions No. 93-105 and 93-165 (attached) authorized the purchase and subsequent condemnation of 0.4701 acres of land from TransAmerican Airports, Inc. for the Leesburg Municipal Airport; and WHEREAS, condemnation procedings are scheduled to begin in July, 1994; and WHEREAS, a negotiated settlement in lieu of court action was reached on June 16, 1994 between the Deputy Town Attorney and the legal representative of the property owner; and WHEREAS, the Federal Aviation Administration reviewed the negotiated settlement and accepted the same on June 20, 1994; and WHEREAS, on June 23, 1994 the Deputy Town Attorney requested that the Town Council authorize the negotiated settlement of the above condemnation suit in the amount of $82,500 on June 28, 1994: THEREFORE RESOLVED by the Council of the Town of Leesburg in Virginia as follows: Subsequent to the adoption of Resolution No. 93-105 and 93-165, the Town Council hereby authorizes a settlement for the Town of Leesburg vs. TransAmerican Airports, Inc. land acquisition condemnation suit in the amount of $82,500. Settlement of the same remains subject to the receipt of 90% of the total project cost from the Federal Aviation Administration, 05% from the Virginia Department of Aviation, and 05% from the Town of Leesburg. The Town Manager and Deputy Town Attorney are authorized to execute this settlement for real property acquisition for the Leesburg RESOLUTION -2- AUTHORIZING A SET'FLEMENT FOR THE TOWN OF LEESBURG VS. TRANSAMERICAN AIRPORTS, INC. LAND ACQUISITION CONDEMNATION SUIT Municipal Airport by General Warranty Deed, granting fee simple title, free and dear of any and all liens, insurable by a title insurance company of the town's choice, in a form approved by the town attorney. PASSED this 28t:h day of June , 1994. ATTEST: Clerk of Council ~J)ames E. Clem, Mayor Town of Leesburg