HomeMy Public PortalAbout2004_12_14_r201The Town of
Leesburg,
Virginia
PRESENTED December 14, 2004
RESOLUTION NO. 200/+-201 ADOPTED December 14, 2004
A RESOLUTION: AUTHORIZING THE RATIFICATION OF AN AGREEMENT TO
PURCHASE 6.0417 ACRES OF LAND ADJACENT TO LEESBURG
EXECUTIVE AIRPORT.
WHEREAS, the FAA-approved Master Plan for Leesburg Executive Airport includes the
purchase of 6.0417 acres of land owned by Leesburg Commercial, LLC; and
WHEREAS, the purchase of this land is important for safety and operational reasons; and
WHEREAS, the purchase is contained in the FY 05 Capital Improvement Project Budget; and
WHEREAS, the negotiated purchase price is $299,777.00; and
WHEREAS, ninety-eight percent of this purchase price, or $284,788.15 is reimbursable to the
town through FAA and DOAV grants; and
WHEREAS, the Airport Director and the Airport Commission recommend adoption of this
resolution; and
WHEREAS, in the interest of time, upon the recommendation of the Airport Director and the
Town Attorney, the Town Manager already has signed the purchase agreement, which is expressly subject
to ratification by Council. (Attachment I)
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the
agreement to purchase 6.0417 acres of land owned by Leesburg Commercial, LLC is hereby ratified.
PASSED this 14th day of December 2004
ATTEST:
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