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• AN ORDINANCE <br />TO AUTHORIZE THE PURCHASE OF PROPERTY <br />LOCATED AT 701 AND 703 ELM STREET FROM OTIS L. LEE <br />IN CONNECTION WITH STORM DRAINAGE IMPROVEMENTS <br />IN THE FIFEVILLE NEIGHBORHOOD. <br />WHEREAS, the City of Charlottesville is planning to install storm drainage <br />improvements in and around Elm Street as a part of an effort to improve drainage in the <br />Fifeville neighborhood, and said storm drainage facilities must cross two lots owned by Otis L. <br />Lee, Sr.; and <br />WHEREAS, Otis L. Lee, Sr. has agreed to sell such lots, designated as Parcels 225 and <br />232.2 on City Real Estate Tax Map 29, to the City for the sum of $29,100.00, which equals the <br />total assessed value of the parcels as determined by the City Assessor; now, therefore <br />BE IT ORDAINED by the Council of the City of Charlottesville, Virginia that the <br />purchase of two lots designated as Parcels 225 and 232.2 on City Tax Map 29 is hereby <br />authorized for the purchase price of $29,100.00, said funds to come from the contingency in the <br />Capital Projects Fund and placed in account code 27-020-051119. The City Attorney is hereby <br />directed to take all steps necessary to conclude this transaction. <br />• <br />Approved by Council <br />April 21, 1997 <br />V rk of �y Council <br />0 <br />