HomeMy Public PortalAbout1996_02_13_R034The Town of
Leesburg,
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RESOLUTION NO.
A RESOLUTION:
PRESENTED February 13, 1996
96-34 ADOPTED February 13~ 1996
AUTHORIZING THE EXECUTION OF A DEED OF GIFT TO LOUDOUN
HOUSE LIMITED PARTNERSHIP
WHEREAS, by resolution adopted September 12, 1995, the Council for stated reasons agreed to
sell portions of Plaza Street Park to Loudoun House Limited Partnership and authorized the
advertisement of the property by the Town Manager and acceptance of bids for said Parcel A of Plaza
Street Park; and
WHEREAS, since adoption of this resolution, the Council has been advised that there is no legal
requirement for such advertisement and requesting bids since the Council proposes to convey the park
to Loudoun House Limited Partnership and does not deem it in the public interest to offer this land to
competitive bidding and determines that the partnership is the only entity that it would consider as
acceptable to continue the purpose of the park:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
The resolution of September 12, 1995, be and the same is repealed and the Mayor is authorized
to execute a Deed of Gift to Loudoun House Limited Partnership which contains the conditions and
reverter provision set forth in the draft Deed of Gift attached hereto and made a part of this resolution.
The Town Manager will advise the Council when the transaction has been finalized.
The execution of the deed shall be authenticated in the name of the Town in accordance with
Section 2-3 of the Code of Virginia.
PASSED this 13 t h
A.T~rEST: .
Clerk of Council
k:L~uHouse.r~s #23
day of February , 1996.
J~a~es E. clem, Mayor
Town of Leesburg