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RATIFICATION OF THE APPROVAL TO ACQUIRE THE ORANGE MEDICAL OFFICE BUILDING
 
 
 
 
 
 
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RATIFICATION OF THE APPROVAL TO ACQUIRE THE ORANGE MEDICAL OFFICE BUILDING

The following resolution was adopted:

WHEREAS, the University of Virginia wishes to purchase real estate located at 661 University Lane, Orange, Virginia, from the Health Services Foundation to support the Health System's mission of providing accessible primary care services throughout Central Virginia; and

WHEREAS, the Board of Visitors has previously approved the issuance of bonds to acquire the Orange Medical Office Building; and

WHEREAS, in 1998, the General Assembly authorized the acquisition of the Orange Medical Office Building project;

RESOLVED that the acquisition of the Orange Medical Office Building, as recommended by the Executive Vice President and Chief Operating Officer, is approved by the Board of Visitors.

RESOLVED FURTHER that the Executive Vice President and Chief Operating Officer is authorized to execute any and all contracts or documents pertaining to the acquisition of the aforementioned property.