File #: RES 18-009    Version: 1 Name: purchase agreement - land for new HS
Type: Resolution Status: Passed
File created: 7/2/2018 In control: City Council
On agenda: 7/10/2018 Final action: 7/10/2018
Title: Consider approval of a resolution for ratification of the Agreement to purchase approximately 60 acres from James Madison University for $5,000,000 for a site for the new high school and directs the City Manager to execute a deed accepting the conveyance of the Property from the Visitors of James Madison University in accordance with the Agreement, together with any necessary closing documents, and to take all other actions necessary to consummate the purchase of the Property.
Attachments: 1. Memorandum, 2. Real Estate Purchase Agreement, 3. Resolution, 4. Executed resolution

Subject:

Title

Consider approval of a resolution for ratification of the Agreement to purchase approximately 60 acres from James Madison University for $5,000,000 for a site for the new high school and directs the City Manager to execute a deed accepting the conveyance of the Property from the Visitors of James Madison University in accordance with the Agreement, together with any necessary closing documents, and to take all other actions necessary to consummate the purchase of the Property.

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Presented By:  Chris Brown, City Attorney

 

Recommendation and Review

On January 23, 2018, City Council voted to approve the Harrisonburg City School Board’s request to fund, design, and construct a second high school, and to authorize the City Manager and City Attorney to negotiate and execute a contract to purchase real estate necessary for the new high school, subject to approval by council.