Board of Visitors minutes April 16, 2004 | ||
APPROVAL OF THE DISPOSITION OF THE SPRING HOUSE PROPERTY LOCATED BEHIND THE KLUGE CHILDREN’S REHABILITATION CENTER TO WEATHER HILL HOMES, LTD.
WHEREAS, certain property and improvements (“Kluge Children’s Rehabilitation Center Spring House property”) containing approximately 6,850 square feet are located behind the Kluge Children’s Rehabilitation Center on Route 250 West in Albemarle County; and
WHEREAS, the University has determined that due to its size, location, and configuration this land is of nominal use; and
WHEREAS, the Weather Hill Homes, Ltd., has offered to buy this property at a fair market value, provide a vegetative buffer between its property and the Kluge Children’s Rehabilitation Center, provide new utility service to the University’s Cochran House, which is located behind the Kluge Children’s Rehabilitation Center, and improve and maintain Boulder Road, which is located between the Kluge Children’s Rehabilitation Center and the Cochran House property;
RESOLVED that the disposition of the Kluge Children’s Rehabilitation Center Spring House property on Route 250 West in Albemarle County, Virginia, consisting of approximately 6,850 square feet, is approved; and
RESOLVED FURTHER that the Executive Vice President and Chief Operating Officer of the University of Virginia is authorized to approve the final terms of the sale, convey the property and to execute any and all contracts and other documents pertaining to the disposal of the aforesaid property as he may deem necessary or appropriate.
Board of Visitors minutes April 16, 2004 | ||