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RESOLUTION AUTHORIZING THE EXECUTION OF <br />A LEASE AGREEMENT AND AN AGREEMENT FOR <br />THE PURCHASE AND SALE OF THE BUILDING AND PREMISES <br />LOCATED AT 401 EAST HIGH STREET IN THE <br />CITY OF CHARLOTTESVILLE <br />BE IT RESOLVED by the Council of the City of Charlottesville, Virginia that <br />this Council hereby authorizes the City Manager, or his designee to sign the following <br />documents, in form approved by the City Attorney: <br />Commercial Lease Agreement with the Roy Wheeler Realty <br />Company, Inc., for the building and premises at 401 East High Street <br />for a period of approximately three (3) months beginning October 1, <br />2004, for a monthly rent of $3,500.00; and, <br />Agreement for the Purchase and Sale of Real Property with Roy <br />Wheeler Realty, Inc. for the building and premises at 401 East High <br />• Street, for a purchase price of $770,000.00, with closing as soon as <br />practicable after January 1, 2005. <br />Approved by Council <br />September 20, 2004 <br />AAA le k of City Council <br />11 <br />