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• RESOLUTION AUTHORIZING THE CONVEYANCE OF REAL ESTATE BY REGION TEN COMMUNITY SERVICES BOARD AND THE EXECUTION OF RELATED DOCUMENTS WHEREAS, Region Ten Community Services Board, an agency formed pursuant to Section 37.1-194 et seg. of the Code of Virginia of 1950, as amended, by the City of Charlottesville, and the Counties of Albemarle, Nelson, Greene, Fluvanna and Louisa, Virginia, all political subdivisions of the Commonwealth of Virginia, ("Region Ten") is the owner of certain real estate located at 503 Sixteenth Street, N.W., in the City of Charlottesville, Virginia and is the beneficial owner of certain real estate located at 409 Third Street, N.E., in the City of Charlottesville, Virginia which property is held in the name of William T. Stevens and Isabel A. Palmer, as Trustees for Region Ten (collectively referred to as the "Properties"); and WHEREAS, in order to promote the more efficient management of its assets and to carry out its purposes more effectively, Region Ten desires to transfer and convey its interest in the Properties and to use the proceeds from such sales for the purchase, or the lease, and renovation of a new facility to relocate the mental health day program currently housed at the 409 Third Street, N.E. property and to apply any excess proceeds to the Region Ten Community Services Board • Special Projects Fund; and WHEREAS, Region Ten, at its regularly scheduled meeting held on June 10, 1985, voted to sell the Properties and apply the proceeds as set forth above; and WHEREAS, after careful consideration and in furtherance of the foregoing public purpose, NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL FOR THE CITY OF CHARLOTTESVILLE, VIRGINIA, THAT: 1. For the purpose of promoting the more efficient management of its assets and to carry out its functions more effectively, the transfer and conveyance by Region Ten of its ownership interest in the Properties is hereby authorized. 2. The Executive Director of Region Ten is hereby directed to negotiate and execute on behalf of Region Ten a Contract of Sale for each of the Properties upon such terms and conditions as the Board of Directors of Region Ten shall deem to be in the best interest of Region Ten. In the procuring of a buyer for its interest in the Properties, Region Ten may retain a licensed real estate broker to act as its agent in these real estate transactions.