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R-12-51 RESOLUTION NO. R-12-51 A RESOLUTION APPROVING AN AGREEMENT OF PURCHASE AND SALE BETWEEN THE CITY OF FAIRFAX PROPERTY L;OCATED IN THE CITY OF INC. AS SELLER,FOR CERTAIN RE AL P FAIRFAX AND IDENTIFIED AS A PORTION OF TAX MAP NO. 58-3-02-026 WHEREAS, the City of Fairfax, Virginia (the "City") has determined that a public need exists to create a school bus parking lot in order to relocate certain school buses from interim parking elsewhere within the City(the"Project"); and WHEREAS,in connection with the Project,the City Council has made the determination that it is in the best interest of the City to acquire an approximately 2.3 Teacree portion f certain in real property owned by TRMI Holdings Inc. (the "Owner"), and more particularly as a portion of Tax Map No. 58-3-02-026 (the"Property"); and WHEREAS, the City Council at its regular meeting on June 12, 2012, authorized the acquisition of the Property, including by condemnation, if necessary, and s a he City proposal for have reached agreement on valuation for the Property, as well P P coordination of construction and related issues associated with the Project. Fairfax, NOW, THEREFORE, BE IT RESOLVED by the City Council of the t Bement of Virginia, that the City Manager is authorized to negotiate and execute an g Purchase and Sale, substantially of the form attached to this resolution as Exhibit"A", subject to the concurrence of the City Attorney; and BE IT FURTHER RESOLVED by the City Council of the City of Fairfax, Virginia,that the City Manager and the City Attorney are hereby authorized to execute and deliver any documentation required in connection with the Agreement of Purchase and Sale in order to consummate the transactions contemplated thereby and by this resolution, including but not limited to any closing documentation and certifications. ADOPTED this 24th day of July,2012. g-Z-(06 Mayor 7 2t/1a ATTEST: // City Clerk The vote on the motion to approve was recorded as follows: VOTE: Councilman DeMarco Aye Councilman Drummond Aye Councilman Greenfield Aye Councilman Meyer Aye Councilmember Schmidt Aye Councilman Stombres Aye Ampippmempourowiing