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<br />to. ' , <br />1:\ h <br /> <br />TUESDAY <br /> <br />SEPTEMBER 28, 1982 <br /> <br />Upon reconvening into regular session, Council announced that no action would be taken <br /> <br />with regard to legal matters discussed; however, on matters relating to the foregoing <br /> <br />vacancies and/or appointments, upon separate motions (duly seconded and unanimously <br /> <br />carried), Council took the following actions: <br /> <br />A. Appointed Mrs. Barbara O. Holland to the Board of Directors <br />of The Piedmont Seniors of Virginia, Inc., for a three-year <br />term beginning September 28, 1982; <br />B. Appointed Councilman Reed and Industrial Development Authority <br />Chairman Irving M. Groves, Jr., to the ad hoc industrial <br />development planning study committee (recently proposed by the <br />Chamber of Commerce and to consist of these two appointees from <br />the City, two appointees from the County of Henry, and two <br />representatives of the Chamber of Commerce); and <br />C. Appointed Mrs. Mary Jane Cragun to the Transportation Safety <br />Commission for an unexpired term ending December 31, 1984. <br /> <br />Council then made a part of the record~for inclusion as to values in a stated policy <br /> <br />governing the disposition of City-owned property within the City's Industrial Park, <br /> <br />the following memorandum report (of September 28th) from City Manager Edmonds: <br /> <br />As discussed tentatively with you, all tracts remaining in the <br />ownership of the City within the Industrial Park have now been <br />appraised by two independent appraisers. The fair market values <br />of the tracts were as follows: <br /> <br />Tract <br /> <br />8 <br />9 <br />10 <br />11 <br />12-R <br />13-R <br />14 <br />15 <br />16 <br />17 <br /> <br />Acreage <br /> <br />Value <br /> <br />Per Acre <br /> <br />$ 5,000 <br />18,000 <br />14,375 <br />17 , 100 <br />17 , 981 <br />15,654 <br />13,500 <br />11 ,556 <br />8,000 <br />10, 100 <br /> <br />West Window Corporation has tentatively agreed to purchase Tract #12-R for the <br />appraised price, and we will proceed, with your authorization, to culminate this <br />transaction. <br /> <br />9.00 <br />20.00 <br />24.00 <br />13.00 <br />2.08 <br />13.92 <br />25.00 <br />18.00 <br />15.50 <br />10.00 <br />150.50 <br /> <br />$ 45,000 <br />360,000 <br />345,000 <br />222,300 <br />37,400 <br />217,900 <br />337,500 <br />208,000 <br />124,000 <br />101,000 <br />$1.998.100 <br />. <br /> <br />Further, we would propose that you publicly confirm the prices on the balance of <br />the tracts and authorize us to include these figures in the Council's "Statement <br />on Industrial Park Policy". <br />