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May 9,2000 <br /> <br />motion convening the Closed Session were heard, .discussed, or considered during said <br />Session. Upon return to Open Session, the Authority took the following action: <br /> <br /> A. Vice Chairman Teague moved to adopt the following Resolution as <br /> presented and transfer two certain adjoining parcels of land, lying <br /> and being on the easterly side of Brookdale Street and being <br /> known and designated as Parcel A, containing 1.104 acres and <br /> Parcel B containing 0. 195 of an acre as shown on a plat of survey <br /> dated December 3, 1971, to PB&J, LLC; the motion was duly <br /> seconded and carried by the following vote, with all members <br /> voting: Vote 5 - 0; Yeas (5) - Crabtree, Dallas, Haskell, Roop, <br /> Teague; Nays (0) - None: ' ' <br /> <br /> WHEREAS, Martinsville City Council at its regular meeting <br /> held on May 9, 2000 authorized the City Manager to execute <br /> a deed conveying the hereinafter described property to the <br /> Martinsville Redevelopment and Housing Authority, and, <br /> WHEREAS, Martinsville Redevelopment and Housing <br /> Authority has entered into an agreement with PB&J, LLC, a <br /> limited liability company organized and existing under the <br /> laws of Virginia, for the said PB&J, LLC to purchase the <br /> hereina~er described property from Martinsville <br /> Redevelopment and Housing Authority for the sum of <br /> $121,000.00, cash in hand paid, <br /> NOW THEREFORE, BE IT FIESOLVED, by the Martinsville <br /> Redevelopment and Housing Authority at a duly called <br /> meeting held on May 9, 2000, that the Chairman be, and he <br /> hereby is, authorized and directed to execute and deliver the <br /> attached deed to PB&J, LLC upon receipt of the aforesaid <br /> purchase price of $121,000.00. <br /> <br /> There being no further business to come before the Authority during their <br /> meeting, upon motion by Vice Chairman Teague, duly seconded, by unanimous vote, <br /> Chairman Crabtree declared the meeting adjourned at 10:03 P. M., and reconvened <br /> <br />Council. <br /> At the conclusion of this Closed Session, each member of Council certified~ that <br />(1) only public business matters exempt from open meeting requirements were <br />discussed in said Closed Session; and (2) only those business matters identifiedi~t. he <br /> <br /> <br />