WAIVER OF RESTRICTIVE COVENANT ON PROPERTY
The Chancellor advised the Board that the authorities of Mary Washington College had been
requested by the Fredericksburg Aqueduct Company, owner of a parcel of real estate situated on the
south side of William Street, in the City of Fredericksburg, Virginia, across from lands owned by
the College, to waive or consent to modify a restrictive covenant applicable to the property of the
Fredericksburg Aqueduct Company, to the effect that there shall not be constructed thereon any
buildings or structures other than buildings for residential purposes. The College authorities
have been informed by the Fredericksburg Aqueduct Company that it desires such waiver or modification
to allow the erection of apartment buildings on such property. The College authorities are
willing to allow this use of the property owned by the Fredericksburg Aqueduct Company.
The following resolution was adopted:
RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the President be and he is hereby authorized, and empowered to execute, in the name and on
behalf of The Rector and Visitors of the University of Virginia, a waiver or consent to modification
of the restrictive convenant applicable to the property of the Fredericksburg Aqueduct Company
situated on the south side of William Street, in the City of Fredericksburg, Virginia, across from
lands owned by Mary Washington College of the University of Virginia, to allow the erection of
apartment buildings on such property, substantially in accord with plans and specifications to be
approved by the Chancellor and the President, and that the Secretary of this Board be and he is
hereby authorized and empowered to affix the corporate seal of The Rector and Visitors of the
University of Virginia thereto and to attest the same, provided, however, that no such waiver or
consent to modification be executed unless and until such instrument shall have first received the
approval of the Special Counsel for The Rector and Visitors of the University of Virginia, both as
to form and as to substance.
