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ACQUISITION OF ASSETS OF LYNCHBURG NEPHROLOGY DIALYSIS, INC.

WHEREAS, the Finance Committee finds it to be in the best interest of the University of Virginia and its Medical Center to acquire the assets of Lynchburg Nephrology Dialysis, Inc., and to establish outpatient dialysis facilities in Lynchburg and Amherst;

RESOLVED that the Vice President and Chief Executive Officer of the Medical Center be authorized to negotiate the purchase of the assets of Lynchburg Nephrology Dialysis, Inc., to establish outpatient dialysis facilities and to lease or acquire real estate, as he deems necessary or appropriate, and to recommend such transactions to the Executive Vice President and Chief Operating Officer of the University for approval; and

RESOLVED FURTHER that the Executive Vice President and Chief Operating Officer of the University be authorized, with the concurrence of the Chair of the Medical Center Operating Board and the Chair of the Finance Committee, to approve and execute contracts and other documents, and to take such other actions as he deems necessary and appropriate to consummate the foregoing.