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HomeMy WebLinkAbout146-91RESOLUTION NO.146-91 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE APPROVING THE APPROPRIATION OF FUNDING FOR THE PURCHASE OF ONE HARTZ COURT AND ASSOCIATED COSTS WHEREAS, the Danville Community Development Agency has previously approved a Development and Disposition Agreement between the Agency and Charlotte Wood Partners calling for the Acquisition of One Hartz Court; and WHEREAS, the Agency adopted a Resolution of Necessity to acquire One Hartz Court through a condemnation action on February 6, 1990; and WHEREAS, the condemnation trial was concluded on July 22, 1991, with a verdict of $581,000 for purchase of the property; and WHEREAS, that total project cost including legal and relocation expenses is $684,000; and WHEREAS,on March 20, 1990 the Town Council appropriated $577,000, leaving a current balance of $107,000 to be appropriated; now, therefore, BE IT RESOLVED, by the Town Council of the Town of Danville that the Town Council hereby appropriates $107,000 from the Civic Facilities Fund to account 009-639, Community Development, One Hartz Court project. APPROVED by the Danville Town Council at a Regular Meeting held on August 6, 1991, by the following vote: AYES: GREENBERG, NOES: NONE ABSTAINED: NONE ABSENT: NONE LANE, RITCHEY, SCHLENDORF, SHIMANSKY Mayor APPROVED AS TO FORM: ATTEST: ity Cler~