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April 9, 2002 <br /> <br /> Council recessed and convened as the Martinsville Redevelopment and Housing <br /> Authority. <br /> <br /> The Authority considered authorizing the Mayor as Chairman to execute a Lease <br /> Agreement with Lesa Stone Vinson in her capacity as Trustee of the James Wade <br /> Adkins Irrevocable Trust for the use of property located at 107 West Church Street in <br /> the City. Tom Harned, Director of Economic Development, stated that this property will <br /> be leased by Patrick Henry Community College to house its motorsports training <br /> program and will not be of any cost to the City. Authority Member Ferrill moved for the <br /> authorization; the motion was duly seconded and carried by the following vote, with all <br /> members present voting: Vote 4 - 0; Yeas (4) - Crabtree, Dallas, Ferrill, Roop; Nays <br /> (0) - None. <br /> <br /> The Authority considered authorizing the Mayor as Chairman to execute a <br />Memorandum of Understanding with Patrick Henry Community College for the use of <br />property located at 107 West Church Street for the purpose of conducting its <br />motorsports training program. Authority Member Roop moved for the authorization; the <br />motion was duly seconded and carried by the following vote, with all members present <br />voting: Vote 4 - 0; Yeas (4) - Crabtree, Dallas, Ferrill, Roop; Nays (0) - None. <br /> <br /> The Authority considered the need to meet in Closed Session. In accordance <br />with Section 2.1-344 (A) of the Code of Vir~linia (1950, and as amended) and upon <br />motion by Authority Member Dallas, duly seconded, and by unanimous recorded vote, <br />the Authority convened in Closed Session, for the purpose of discussing the following <br />matter: <br /> <br /> A. Disposition of publicly held real property, as authorized by <br /> Subsection 3. <br /> <br /> <br />