University of Virginia Library

EXECUTION OF INSTRUMENTS FOR REAL ESTATE GENERALLY

The President reported that, by action of the Board on 10 December 1960, general authority was granted to him and to the Comptroller to execute instruments dealing with real estate or interests in real estate on behalf of The Rector and Visitors. Special Counsel has recommended that such authority be re-enacted and that there be included a specific authorization to such officers to grant easements.

The following resolution was adopted:

• RESOLVED, by The Rector and Visitors of the University of Virginia that the President and Comptroller be and either of them is hereby authorized, empowered and directed to execute deeds, contracts, options, and other instruments and documents dealing with real estate and interests in real estate, in the name and on behalf of The Rector and Visitors of the University of Virginia, including, without limitation, any instruments executed pursuant to Section 23-77.2 of the Code of Virginia, 1950, as amended, granting easements for roads, streets, sewers, water lines, electric and other utility lines, or any other purpose, on any property now owned or hereafter acquired by The Rector and Visitors of the University of Virginia; and that the Secretary and Assistant Secretary be and either of them is hereby authorized, empowered, and directed to affix the corporate seal of the University of Virginia to such instruments and to attest the same;
• RESOLVED FURTHER that such instruments when submitted for execution shall have been approved by the University's Special Counsel who is also authorized to take appropriate action to complete these conveyances.