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AN ORDINANCE AUTHORIZING THE SALE/CONVEYANCE OF CITY -OWNED LAND LOCATED AT 162 BAYLOR LANE TO SOUTHERN DEVELOPMENT WHEREA S , the City of Charlottesville is the owner of property designated as Tax Map Parcel 260045001, located on Baylor Lane, and to be addressed as 162 Baylor Lane, Charlottesville, Virginia (the “Property”); and WHEREAS , the Property consists of approximately 6,054 square feet (0.139 acre) and front s on Baylor Lane, as shown on the attached recorded subdivision plat prepared by Draper Aden Associates, dated January 2, 2015, last revised October 19, 2016; and WHEREAS , the City solicited bids from persons interested in acquiring and developing the Property through a “Request for Bids”, a copy of which was published in the local newspaper, posted on the Property, and mailed to neighbors and the Charlottesville Area Association of Realtors, and the City received one offer to purchase the Property, which was assessed in 2017 at $78,100.00; and WHEREAS , following review of the proposal received , consideration of the merits thereof , and upon consideration of the recommendation of staff, this Council finds that the proposal submitted by Southern Property, LLC is the most meritorious for reasons including, without limitation, the offered purchase price of $80,101.00; and WHEREAS , a Purchase Agreement approved by the Deputy City Attorney has been signed by Southern Property, LLC, but is conditioned upon Council approval; and WHEREAS , as required by Virginia Code Section 15.2-1800(B) a public hearing on the proposed sale of the Property was advertised and was held on July 5, 2017, and the public has thereby been given an opportunity to comment on the proposed conveyance of the Property; NOW, THEREFORE, BE IT ORDAINED by the Charlottesville City Council that the offer received from Southern Property, LLC is hereby accepted by Council, and Council hereby approves a sale of the Property to Southern Property, LLC under the terms and conditions set forth within the aforementioned Purchase Agreement; and BE IT FURTHER ORDAINED that the City Manager is hereby authorized to execute the Purchase Agreement for the sale of the Property, and that the Mayor is hereby authorized to execute a deed, in form approved by the City Attorney, conveying the Property to the Purchaser. The City Attorney is hereby authorized to take whatever steps are necessary to effect the closing of said property conveyance.