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HomeMy WebLinkAbout2004-25Ordinance 2004-25 Ordinance Entering Into Contract With Gregory General Contracting (Sole Proprietorship) and Ground Vibration Consultants, Inc for Improvements to the Pulaski Business Park in Exchange for Approximately Twenty (20) Acres ADOPTED: August 3, 2004 EFFECTIVE: August 3, 2004 ~y ~ TOWN OF PULASHI, VIRGINIA ORDINANCE 2004-25 ORDINANCE ENTERING INTO CONTRACT WITH GREGORY GENERAL CONTRACTING (SOLE PROPRIETORSHIP) AND GROUND VIBRATION CONSULTANTS, INC. FOR IMPROVEMENTS TO THE PULASKI BUSINESS PARK IN EXCHANGE FOR APPROXIMATELY TWENTY (20) ACRES WHEREAS, the Town Council of the Town of Pulaski, Virginia has considered the benefits to accrue to its citizens and deems it compatible with the public interest and general welfare to enter into an agreement with GGC and GVC, Inc. (Gregory General Contracting (Sole Proprietorship) and Ground Vibration Consultants, Inc.) to construct buildings and utility improvements for the Pulaski Business Park; and NOW, THEREFORE, be it HEREBY ORDAINED by the Town Council of the Town of Pulaski, Virginia sitting in regular session that a contract be developed between the Town of Pulaski and GGC and GVC, Inc. containing the following terms and conditions: The Town of Pulaski shall convey approximately twenty (20) acres within the Pulaski Business Park to GGC and GVC, Inc. and in exchange GGC and GVC, Inc. shall make capital improvements of $1,270,000.00 and their equivalents in labor, equipment, and expertise.of approximately $652,000.00 in improvements to lay water, sewer, and electrical conduit all within the Pulaski Business Park. In addition GGC and GVC, Inc. will construct a road within the Pulaski Business Park approximately rune-hundred (900) feet in length and be composed of such materials as specified by the Town Manager in a contract to be satisfactory to the Town Manager and Town Attorney. Materials for the water, sewer, and electrical conduit shall be provided by the Town as specified in the agreement between the Town of Pulaski and GGC and GVC, Inc.. This ordinance is effective upon adoption and is hereby adopted this 3rd day of August, 2004, by recorded vote of the Town Council of the Town of Pulaski, as follows: Bettye H. Steger -Aye John T. Bolen -Aye Lane R. Penn -Aye Joel B. Burchett, Jr. -Aye Jeffrey S. Worrell -Aye Daniel Talbert, Jr. -Aye .,~_ Town of Pulaski, Virginia By: Charles L. Wade Mayor ATTESTED: Patricia Cruise, Clerk of Council ~~~ I, Patricia Cruise, Clerk of Council, certify that the foregoing Ordinance 2004-25, Ordinance Entering Into Contract With Gregory General Contracting (Sole Proprietorship) and Ground Vibration Consultants, Inc. for Improvements to the Pulaski Business Parkin Exchange for Approximately Twenty (20) Acres, is a true and correct copy as adopted by the Pulaski Town Council at their regular meeting on August 3, 2004. Patricia Cruise, Clerk of Council .,~. tc/c/ordinance/certification 2004-25 ~4~