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RESOLUTION <br />• AUTHORIZING THE ACQUISITION OF REAL PROPERTY <br />(City Tax Map 53, Parcels 108,109,111 and 159) <br />WITH ALBEMARLE COUNTY <br />FOR FUTURE JOINT COURT -RELATED PURPOSES <br />WHEREAS, the City wishes to acquire, in conjunction with Albemarle County, Parcels <br />108, 109, 111 and 159 of City Tax Map 53 from Hedgerow Corporation; and <br />WHEREAS, the City, the County, and Hedgerow Corporation have agreed to a purchase <br />price of $5,375,000 for all four parcels; and <br />WHEREAS, the City and Albemarle County have agreed that the costs of acquisition of <br />the properties shall be shared equally, including the purchase price and any closing costs; and <br />WHEREAS, the City and County have entered into an Intergovernmental Agreement <br />defining the rights and responsibilities of each respective jurisdiction; <br />NOW, THEREFORE, BE IT RESOLVED that this Council specifically authorizes the <br />City Manager to execute the final agreement for the purchase of Parcels 108, 109, 111 and 159 <br />of City Tax Map 53 on behalf of the City of Charlottesville. <br />Approved by Council <br />July 6, 2004 <br />--61v <br />CQpjtk of City Council <br />0 <br />