Board of Visitors minutes September 29, 2006 | ||
RESOLUTION AUTHORIZING PROPERTY ACQUISITION AND SWAP
WHEREAS, the University intends to expand its medical facilities to accommodate the need for additional office and laboratory space and parking; and
WHEREAS, an opportunity has arisen to swap properties in order to acquire the necessary land adjacent to the Health System facilities;
RESOLVED that the Executive Vice President and Chief Operating Officer is authorized to negotiate, or work with the University of Virginia Foundation to negotiate, with the review and concurrence of the Chair of the Finance Committee, the purchase of suitable property to use as a swap for properties in the vicinity of the Health System, and to engage in a swap, or work with the University of Virginia Foundation to swap, properties in order to acquire properties within the vicinity of Health System facilities; and
RESOLVED FURTHER, that the Executive Vice President and Chief Operating officer is authorized to execute any and all documents necessary to effect a purchase of property for swap purposes, and to effect the swap transaction.
Board of Visitors minutes September 29, 2006 | ||