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7 <br /> SECTION 2. Approval of Form and Terms, Conditions and Provisions of <br />Equipment Lease Purchase Agreement; Authorizing Execution of Equipment Lease <br />Purchase Agreement. <br /> <br /> (a) The Council hereby approves the form and the terms, conditions and <br />provisions of the Equipment Lease Purchase Agreement and authorizes the Chief <br />Operating Officer/Chief Financial Officer to execute and deliver the Equipment Lease <br />Purchase Agreement to SunTrust Bank in such form, together with such changes as he <br />shall approve on advice of counsel (which may be the City Attorney or Bond Counsel to <br />the City), such approval to be conclusively evidenced by his execution of the Equipment <br />Lease Purchase Agreement, it being understood that the rental payments payable by the <br />City under the Equipment Lease Purchase Agreement in each fiscal year of the City shall <br />be subject to appropriation of moneys for such purpose by the Council from time to time. <br /> <br /> (b) The Council hereby determines that the financing effected by the City <br />under the Equipment Lease Purchase Agreement is contemplated to be and is hereby <br />designated as a “qualified tax-exempt obligation” for purposes of Section 265(b)(3) of the <br />Internal Revenue Code of 1986. <br /> <br /> SECTION 3. Effectiveness of Resolution. This resolution shall take effect upon <br />its adoption. <br /> <br />RESOLUTION <br />i. : Accepting Donation of 6 Acres from Locust Meadows <br /> Land Trust <br /> <br /> WHEREAS <br />, Locust Meadows Land Trust has offered to donate to the City of <br />Charlottesville approximately 6.03 acres of land that are currently a portion of the <br />property designated as Parcel 41 on City Tax Map 48A; and <br /> <br />WHEREAS <br /> , the subject property is located near Holmes Avenue, as shown on a <br />plat made by Draper Aden Associates, dated February 23, 2009; and <br /> <br />WHEREAS <br /> , City staff have recommended acceptance of the subject property to <br />preserve riparian buffer, and provide improved greenbelt trail connectivity; now, <br />therefore <br /> <br /> BE IT RESOLVED <br /> by the Council for the City of Charlottesville, Virginia, that <br />the City hereby accepts the donation of approximately 6.03 acres of land from Locust <br />Meadows Land Trust (Frank Buck, Trustee), as shown on the attached plat, and the City <br />Attorney is hereby directed to take whatever steps are necessary to effect the closing of <br />the transfer of the subject property to the City. <br /> <br />RESOLUTION <br />j. : Donation of 18 acre parcel behind Seminole Square from <br /> Ja-Zan LLC <br /> <br /> WHEREAS <br />, Jay Jessup, Manager of Ja-Zan LLC, has offered to donate to the <br />City of Charlottesville approximately 18.3 acres of land, to be used exclusively for open <br />space or parkland, such land being currently a portion of the property designated as <br />Parcel 6 on City Tax Map 41B; and <br /> <br />WHEREAS <br /> , the subject property, more particularly described in Attachment A <br />(Property Description), is located behind Seminole Square Shopping Center, as shown <br />on a drawing made by the Parks & Recreation Department entitled “Property Donation – <br />Ja-Zan – Meadowcreek”; and <br /> <br />WHEREAS <br /> , City staff have recommended acceptance of the subject property to <br />provide improved greenbelt trail connectivity, increased green space, and allow for future <br />stream restoration activity; now, therefore <br /> <br /> BE IT RESOLVED <br /> by the Council for the City of Charlottesville, Virginia, that <br />the City hereby accepts the donation of approximately 18.3 acres of land from Ja-Zan <br />LLC, as described in Attachment A to this Resolution, such land to be used exclusively <br /> <br />