HomeMy WebLinkAboutRESOLUTION RENOVATION EXPANSION PROPERTY BOBBY JONES EXPRESSWAY
~- //
WHEREAS, on October 24, 2005 a proposal was brought before the Augusta
/-
RESOLUTION /
AUTHORIZING THE CONVEYANCE AND ACCEPTANCE OF PROPERTY IN
I
CONNECTION WITH RENOVATION AND EXPANSION OF PROPERlY
FRONTING BOBBY JONES EXPRESSWAY /
/
Richmond County Commission wherein Augusta, Georgia would convey real property
abutting property of USPG Portfolio Two, LLC to USPG Portfolio Two, LLC in
exchange for property of Wal-Mart Stores, Inc., in connection with the expansion and
renovation of the improvements located at the shopping center located on Bobby Jones
Expressway where Sam's Club and Wal-Mart is located; and
Whereas, the Augusta-Richmond County Commission approved such exchange of
property; and
Whereas, in further review of the proposed expansion and renovation, it became
apparent to USPG Portfolio Two, LLC that additional land as well as a "no build"
easement would be necessary for the project to proceed forward; and
Whereas, the revised proposal was brought before the Augusta-Richmond County
Commission on November 1,2005, and the revised land swap, along with the granting of
the "no build" easement was approved by the Augusta-Richmond County Commission.
NOW, THEREFORE, it is hereby resolved as follows:
1. The land to be conveyed to Augusta, Georgia by Wal-Mart Stores, Inc., is of
equal or greater value than the property and easement to be conveyed to USPG Portfolio
Two, LLC.
2. That the Mayor of Augusta is authorized and shall execute the Limited
Warranty Deed and No-Build Easement and shall further acknowledge acceptance of the
/
property to be conveyed by Wal-Mart Stores, Inc. to Augusta, Georgia, and such other
documents reasonably necessary to close such transaction, all in form as approved by the
County Attorney.
3. This Resolution shall be recorded in the Minutes of the Augusta-Richmond
County Commission, accompanied by the exhibit referred to herein.
Duly adopted by the Augusta-Richmond County Commission, November 1,2005.
~ BY:
ATTEST:
(Seal) _ r
/,