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• RESOLUTION <br />APPROVING AN AMENDMENT TO A CONTRACT DATED <br />JANUARY 3, 2001 BETWEEN THE CITY AND WATER STREET, LLC <br />WHEREAS, in 2001 the City of Charlottesville conveyed certain property <br />identified as Parcel 72 on City Real Estate Tax map 53, located at the intersection <br />of 5`h Street, S.E. and Water Street (the "Property"), to Water Street, LLC pursuant <br />to a contract dated January 3, 2001 (the "Contract'); and, <br />WHEREAS, ownership of Water Street, LLC has been transferred and the <br />new owner is pursuing plans to develop the property, which differ from the <br />development originally contemplated in the Contract; and, <br />WHEREAS, Water Street, LLC, through its new owner, has proposed an <br />amendment to the agreement between the City and Water Street, LLC, to reflect <br />the development envisioned for the site. <br />NOW, THEREFORE, BE IT RESOLVED by the Council for the City of <br />Charlottesville, Virginia that the City Manager is authorized to execute an <br />• amendment to the Contract dated January 3, 2001 between the City and Water <br />Street, LLC, a copy of which is attached to this Resolution. <br />Approved by Council <br />January 20, 2004 <br />/ 7 <br />Ca,etk;of. City Council <br />