2013-28 ORDINANCE NO. 2013-28
AN ORDINANCE APPROVING AN ASSET PURCHASE AGREEMENT WITH THE
LOUDOUN COUNTY SANITATION AUTHORITY �LOUDOUN DOUC COUNTY.
WATER SYSTEM ASSETS LOCATED WITHIN
the City and the Loudoun County Sanitation Authority d/b/a Loudoun Water
("Loudoun Water") have negotiated the terms of an asset purchase agreement (the
"Agreement") under which Loudoun Water will purchase certain water system assets, as
identified in the Agreement, located in Loudoun County, Virginia.
NOW, THEREFORE, BE IT ORDAINED, by the City Council of the City of Fairfax,
Virginia, that the form of the Agreement substantially of the form attached to this ordinance
as Exhibit "A", is hereby approved in its entirety, specifically including, but not limited to,
the sale and transfer of all City water system assets located within Loudoun County (including
the water treatment plant, reservoirs and other real property and easements owned by the City)
and the transfer of certain City water system licensed operators and employees to Loudoun
Water.
BE IT FURTHER ORDAINED, by the City Council o finalize and execute the,Agreer �ent on
the City Manager is hereby authorized and directed
behalf of the City, subject to the concurrence of the City Attorney.
BE IT FURTHER ORDAINED, by the City Council of the City of Fairfax, Virginia, that
the City Manager is hereby authorized and directed to finalize, execute and deliver any,and all
agreements, affidavits and other documentation necessary and proper to implement the terms
of the Agreement and to consummate the transactions contemplated thereby, subject to the
concurrence of the City Attorney.
This ordinance shall become effective as provided by law.
INTRODUCED: November 12, 2013
PUBLIC HEARING: December 10, 2013
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ENACTED: December 10, 2013 (echo<
Mayor
Date
ATTEST:
/
City Clerk
Votes
Councilman DeMarco Aye
Councilman Drummond Aye
Councilman Greenfield Aye
Councilman Meyer Aye
Councilmember Schmidt Aye
Councilman Stombres Aye