HomeMy Public PortalAbout2012_10_23_R116 Authorizing Deed for Sale of Property to VEPCOThe Town of
Leesburg,
Virginia
PRESENTED October 23, 2012
RESOLUTION NO. 2012 -116 ADOPTED October 23, 2012
A RESOLUTION: AUTHORIZING THE EXECUTION OF A DEED OF SUBDIVISION,
CONEYANCE, EASEMENTS AND VACATION AND DEED OF
VACATION (TO VACATE RESERVATION FOR WESTERN
TRANSPORTATION CORRIDOR) FOR SALE OF PUBLIC PROPERTY
TO VIRGINIA ELECTRIC AND POWER COMPANY ( "VEPCO ") FOR
EDWARDS FERRY ROAD ELECTRIC SUBSTATION
WHEREAS, Virginia Electric and Power Company ( "VEPCO ") desires to purchase
approximately 2.8664 acres of public property owned by the Town on the site of the Kenneth B.
Rollins Water Treatment Plant and located in Loudoun County in order to design and construct the
Edwards Ferry Road Electric Substation; and
WHEREAS, at its meeting of December 13, 2011, the Town Council resolved to approve
the sale of the public property to VEPCO as well as authorizing the Town Manager to execute a
Memorandum of Agreement ( "MOA ") between the Town and VEPCO outlining the purchase and
sale price and the details of the transaction; and
WHEREAS, the MOA dated March 14, 2012, was executed by the Town Manager and
VEPCO; and
WHEREAS, the Town and VEPCO have cooperatively prepared Deeds and Plats which set
forth the terms of the transaction and these Deeds and Plats have been reviewed and approved by
the County of Loudoun and the Town Attorney's Office; and
WHEREAS, in order for the Town to convey the public property to VEPCO the following
documents are ready for execution: 1) Deed of Subdivision, Conveyance, Easements and Vacation
subdividing and conveying approximately 2.8664 acres of Town -owned real property located within
the County and at the site of the Kenneth B. Rollins Water Treatment Plant; the granting of certain
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A RESOLUTION: AUTHORIZING THE EXECUTION OF A DEED OF SUBDIVISION,
CONEYANCE, EASEMENTS AND VACATION AND DEED OF
VACATION (TO VACATE RESERVATION FOR WESTERN
TRANSPORTATION CORRIDOR) FOR SALE OF PUBLIC PROPERTY
TO VIRGINIA ELECTRIC AND POWER COMPANY ( "VEPCO ") FOR
EDWARDS FERRY ROAD ELECTRIC SUBSTATION
the County a partial vacation of the Heritage Trail easement; and granting access easements to
Loudoun County and the Loudoun County Sanitation Authority; and 2) A Deed of Vacation
vacating the reservation for the Western Transportation Corridor granted to the County by the
Town.
WHEREAS, upon execution of these documents, the Town and VEPCO anticipate that the
closing for the purchase and sale of the property will occur in November of 2012.
THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that the
Town Council authorizes the Mayor to execute, at the time of closing or whenever practicable, the:
1) Deed of Subdivision, Conveyance, Easements and Vacation; and 2) Deed of Vacation for the
vacation of a reservation granted to the County by the Town for the Western Transportation
Corridor; and 3) any and all further documents to complete the transaction for the purchase and sale
of public property for the design and construction of the Edwards Ferry Road Electric Substation by
VEPCO.
PASSED this 23rd day of October, 2012.
Kriste C. U stattd, Mayor
Town of Leesburg
ATTEST:
r
Clerk of Cllc
P:\Resolutions\2012 \1023 Sale of Real Property to VEPCO. doc