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<br />~20 <br /> <br />THURSDAY <br /> <br />APRIL 26, 1984 <br /> <br />Pursuant to one of the two purposes of this special meeting and to Section 2.1-344 (a) <br /> <br />(2) of the CODE OF VIRGINIA (1950, and as amended), and upon motion, duly seconded and <br /> <br />unanimously carried by a recorded vote, Council convened into an Executive Session for <br /> <br />the purpose of considering the possible disposal of certain City-owned real property. <br /> <br />At the conclusion of this Executive Session, Council reconvened into regular session, <br /> <br />at which time, upon motion (duly seconded and unanimously carried), Council authorized <br /> <br />the granting of an option to the Martinsville-Henry County Economic Development Corpor- <br /> <br />ation to purchase from the City twenty (20) acres of land in the City's Industrial Park, <br /> <br />identified as Tract No.9, for the total sum of $150,000.00 (being at the price of <br /> <br />$7,500.00 per acre). <br /> <br />Mayor Cole then declared this special meeting adjourned. <br /> <br />~"1A;-'-'~"'-^^ ^~^^-- <br />W. H. iea~), Clerk <br /> <br />of Council <br />