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HomeMy WebLinkAbout2005-29Ordinance 2005-29 Ordinance Approving Sale of Approximately 5.28 Acres More or Less to Conmat Group, INC. ..o,. Adopted: July 7, 2005 Effective: July 7, 2005 TOWN OF PULASKI, VIRGINIA ORDINANCE 2005-29 ORDINANCE APPROVING SALE OF APPROXIMATELY 5.28 ACRES MORE OR LE5S TO CONMAT GROUP, INC. WHEREAS, the Town Council of the Town of Pulaski, Virginia has invested its funds and energies in the development of a Town Business Park; and WHEREAS, the Town Council has considered a letter of offer from Conmat Group, Inc., (hereinafter referred to as "Purchaser") aready-mix concrete producer who wishes to establish an operating facility within the Pulaski Business Park and said offer is consistent with the health, safety and general welfare of the public and in keeping with the announced goals of the Town of Pulaski; and NOW, THEREFORE be it ORDAINED by the Town Council of the Town of Pulaski, Virginia that the offer by Conmat Group, Inc. is accepted and the sale of 5.28 acres, more or less (more accurately to be determined by survey) at $5000.00 per acre is authorized subject to a right of reversion to the Town of Pulaski should the Purchaser not establish a permanent ready-mix concrete facility supplying James Hardie Building Products, Inc. and others within one (1) year of the date of this ordinance and/or should Purchaser cease to operate as such within five (5) years, and the Town of Pulaski receives a first (1St) option to purchase the property at any time said property is offered for sale by Purchaser at a price not to exceed Fair Market Value with the Town of Pulaski having the right to have Purchaser remove any and all materials and/or structures at Purchaser's sole cost and expense. Further, the Town Attorney is authorized to develop and negotiate a contract with the Purchaser upon such further terms and conditions as the Town Manager shall approve and as are consistent with this ordinance. This ordinance is effective upon adoption and is hereby adopted this 7th day of July, 2005 by recorded vote of the Town Council of the Town of Pulaski as follows: Jeffrey S. Worrell -Aye Lane R. Penn -Aye Daniel Talbert, Jr. -Aye John T. Bolen -Absent Bettye H. Steger -Aye Joel B. Burchett, Jr. -Aye THE TOWN OF PULASKI, VIRGINIA By: ~ Charles L. Wade, Mayor ATTEST: Patricia Cruise, Clerk of Council I, Patricia Cruise, Clerk of Council, certify that the forgoing Ordinance 2005-29 Ordinance Approving Sale of Approximately 5.28 Acres More or Less to Conmat Group, INC. is a true and correct copy as adopted by the Pulaski Town Council at their regular meeting on July 19, 2005. _m,. Patricia Cruise, Clerk of Council TGcJordirrancelcertification 2005-29