HomeMy Public PortalAbout1997_05_13_R116 The Town of
Leesburg,
Virginia
RESOLUTION NO.
97-116
PRESENTED :~y ] 3, ] qq7
ADOPTED Hay 13, 1997
A RESOLUTION:
AUTHORIZING THE PROCEEDS FROM THE MARKET STATION SALE
TO BE USED TO CONSTRUCT A COMMUNITY ROOM IN THE POLICE
STATION
WHEREAS, in the early 1980's, the Town of Leesburg participated in a $1.35 million
Community Development Block Grant identified as the South Harrison Street Project; and
WHEREAS, the project included the development of Market Station; 14 townhouses for low to
moderate income persons; upgrading of public facilities, including water, sewer, meets and storm drainage;
South Street parking lot and Ratio Park; and
WHEREAS, Market Station was constructed by a private developer; and
WHEREAS, the developer's lease with the town allowed for the option to purchase the property;
and
WHEREAS, Market Station LLC exercised that option and purchased the Market Station land and
South Street parking lot on August 14, 1996, for $358,000; and
WHEREAS, the Virginia Department of Housing and Community Development has given tentative
approval for the sale proceeds to be used for the development of the community room in the new Police
Station; and
WHEREAS, a public hearing on the use of the sale proceeds was publicly advertised and
conducted on May 13, 1997 as required by the Community Development Block Grant guidelines.
A RESOLUTION: AUTHORIZING THE PROCEEDS FROM THE MARKET STATION 2
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
The proceeds from thc sale of the Market Station land and South Street parking lot totaling
$358,000 is hereby authorized to be designated to construct a community room in the new Police Station
pending final approval of the Virginia Department of Housing and Community Development.
PASSED this 13 day of~'lay, 1997.
ATTEST:
Clerk of Council
J~l~6es E. Clem, Mayor
Town of Leesburg