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19890425 r-89-13RESOLUTION NO. 1989- ]3 WHEREAS, the City of Fairfax desires to acquire property for public parking purposes; and WHEREAS, the city of Fairfax has designated a site located at 3950 University Drive within the city of Fairfax, further described as Tax Map No. 57-2-((2))-167A, as an appropriate site for public parking; and WHEREAS, the city of Fairfax has determined that it is in the public interest to purchase the property for use for public parking; NOW THEREFORE, BE IT RESOLVED that the city Council of the city of Fairfax authorizes the City Manager to execute a contract to purchase the property located at 3950 University Drive in the City of Fairfax, Virginia in accordance with the following terms: 1. Purchase price of $402,346.31, and 2. City of Fairfax to pay all closing costs, and 3. Contract execution by May 1, 1989 with settlement on the property by July 1, 1989. ADOPTED this 25th day of April 1989. MAYOR ATTEST: "- ~Ci~y Clerk