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AUTHORIZATION FOR THE VICE PRESIDENT FOR BUSINESS AND FINANCE TO TRANSFER PROPERTY TO THE DEPARTMENT OF FORESTRY
 
 
 
 
 
 
 
 
 
 
 


3770

AUTHORIZATION FOR THE VICE PRESIDENT FOR BUSINESS AND FINANCE TO TRANSFER PROPERTY TO THE DEPARTMENT OF FORESTRY

  • The following resolution was adopted:
  • WHEREAS, the Virginia Department of Forestry (Department) intends to vacate facilities it currently occupies on the University Grounds; and
  • WHEREAS, in consideration for the Department's relinquishment of its leasehold or other interest to such University's facilities, the Rector and Visitors intend to transfer other University property to the Department for the construction, maintenance and use of offices for the Department of Forestry, the Department of Mines, Minerals and Energy, and the Department of State Police;
  • RESOLVED that the Vice President for Business and Finance be, and he is hereby, authorized to approve the transfer to the Department of Forestry of approximately 26 (+/-) acres of unimproved property located at the intersection of Routes 20 and 53 on what is known as the Blue Ridge Hospital site, provided that the University is granted a reversionary interest in or the right to reacquire title to such land in the event the Department vacates the property or alters its use in any material way.