Laserfiche WebLink
<br />M Martinsville <br /> <br />City Council <br />Agenda Summary <br /> <br />Meeting Date: <br />Item No: <br />Department: <br />Issue: <br /> <br />February 13,2007 <br />2. <br /> <br />Public Works <br /> <br />Conduct a public hearing and consider approval of the sale of <br />City-owned real property consisting of approximately 2,000 <br />square feet fronting 511 South Memorial Boulevard to James P. <br />Price, Jr. and authorizing the City Manager to execute a deed <br />conveying said property as noted. <br /> <br />Summary: <br /> <br />As discussed at your last meeting, the City has been approached by James P. Price <br />expressing a desire to purchase unused residue/surplus property located in front <br />of 511 S. Memorial Blvd., approximately 2,000 square feet, assessed value of <br />$1,000. Mr. Price owns several parcels at this location and is attempting to <br />combine all of the parcels into one large tract for possible sale. <br /> <br />Staff research indicates the property was acquired by the City from the Virginia <br />Department of Transportation a number of years ago as a result of the widening of <br />Memorial Boulevard. <br /> <br />The property in question is not needed by the City for street widening/ construction <br />purposes and Mr. Price has agreed to purchase the property at the assessed value <br />(determined by the Commissioner of the Revenue's Office). <br /> <br />Attachments: Map of 511 S. Memorial Blvd <br /> <br />Recommendations: Conduct public hearing and motion to authorize the City <br />Manager to execute the deed. <br />