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Sale of City, Braddock Road Property CITY OF FAIRFAX City Hall Fairfax, Virginia 22030 AN ORDINANCE AUTHORIZING THE SALE OF 45.9848 ACRES OF CITY OWNED PROPERTY LOCATED ON BRADDOCK ROAD IN FAIRFAX COUNTY WHEREAS, the City of Fairfax owns 45.9848 acres of unimproved land located on Braddock Road just east of the University of Virginia Sewage Lift Station, in Fairfax County, Virginia, and WHEREAS, the City Council of the City of Fairfax deems it in the best interest of the City to sell or exchange the said property in order to acquire other property for park or other City purposes, and WHEREAS, the City Council has reviewed and considered a bona fide appraisal of the fair market value of its said property furnished by a competent real estate appraiser, NOW, THEREFORE, be it hereby Ordained that the Council of the City of Fairfax shall forthwith proceed to sell or exchange the said 45.9848 acres of land for an amount not below Two Hundred Thousand Dollars ($200,000.00) in net value to the City, and upon such terms and conditions as Council may deem appropriate. Adopted by City Council on the 27th day of July, 1965