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HomeMy WebLinkAbout6/6/2017 - Adopted Board Records ACTION NO. A-060617-1 ITEM NO. AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER MEETING DATE:June 6, 2017 AGENDA ITEM:Request to approve final documents to facilitate thetransfer of the former Wm Byrd High School Property to Developer SUBMITTED BY:Ruth Ellen Kuhnel County Attorney ISSUE: Developer’s lender is requiring additional documents from Roanoke County to finalize the transfer of property. BACKGROUND: Roanoke County entered into a contract with Waukeshaw Development, Inc. on April 7, 2016,to purchase the former William Byrd High School property. The contract was between Waukeshaw Development, Inc. and Roanoke County Board of Supervisors, while the performance agreement, entitled Development Agreement, was between Waukeshaw Development, Inc., Roanoke County Board of Supervisors and Roanoke County Economic Development Authority. DISCUSSION: The contract purchaser of the former William Byrd High School property, Waukeshaw Development, Inc., is finalizing documents with the lender, Virginia Credit Union, Inc. to transfer the property. Three items surfaced,which require Board action to achieve a June 7, 2017 closing: 1.Assignment Agreements for both the Contract and Development Agreement assigningthe documents to WM BYRD, LLC. 2.Amendment to Development Agreement reflecting the current time frame requirement that the developer must begin construction by December 31, 2017. (Original agreement required completion by December 31, 2017); and 3.Collateral Assignment of Development Agreement which allows the Lender, Virginia Credit Union, Inc. to receive the remaining Economic Development Page 1of 2 Incentive Grant funds to complete the project, in the eventof the developer’s default. FISCAL IMPACT: None of these actions creates any fiscal obligations to Roanoke County. The Economic Development Authority will also need to approve the Collateral Assignment Agreement which addresses the financial commitment to the developer. STAFF RECOMMENDATION: Staff recommends approving this Board action. VOTE: Supervisor McNamara moved to approve the staff recommendation to approve final documents for the former William Byrd HighSchool property and Supervisor Assaid seconded the motion. Motion approved. YesNoAbsent Mr. Assaid Mr. Bedrosian Ms. Hooker Mr. Peters Mr. McNamara cc:Ruth Ellen Kuhnel, County Attorney Page 2of 2 AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA, HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER ON TUESDAY, JUNE 6, 2017 RESOLUTION 060617-2ESTABLISHING A WRITTEN POLICY FOR PARTICIPATION IN BOARD OF SUPERVISORMEETINGS THROUGH ELECTRONIC COMMUNICATION WHEREAS, Virginia Code § 2.2-3708 allows membersof local governing bodies to participate in a meeting through electronic communication means from a remote locationin certain situations;and WHEREAS, a written policy must be establishedfor such participation. NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisorsof Roanoke County, as follows: That the following policy isestablished for Board members’ remote electronic participation in Board of Supervisormeetings: 1.On or before the day of a meeting, the member shall notify the Chairman that the member is unable to attend the meeting due to an emergency or a personal matter. Themember must identifywith specificity the nature of the emergency or personal matter. Amember may also notifythe Chairmanthat the memberis unable to attend a meeting due to a temporary or permanent disability or other medical condition that prevents the member’s physical attendance. 2.A quorum of the Boardmust be physically assembled at the primary or central meeting location. The Boardmembers present must approve the participation; however, the decisionshallbebased solely on the criteria in Page 1of 2 AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA, HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER ON TUESDAY, JUNE 6, 2017 RESOLUTION 060617-3CERTIFYING THE CLOSED MEETING WAS HELD IN CONFORMITY WITH THE CODE OF VIRGINIA WHEREAS, the Board of Supervisors of Roanoke County, Virginia has convened a closed meeting on this date pursuant to an affirmative recorded vote and in accordance with the provisions of The Virginia Freedom of Information Act; and WHEREAS, Section 2.2-3712 of the Code of Virginia requires a certification by the Board of Supervisors of Roanoke County, Virginia, that such closed meeting was conducted in conformity with Virginia law. NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors of Roanoke County, Virginia, hereby certifies that, to the best of each member’s knowledge: 1. Only public business matters lawfully exempted from open meeting requirements by Virginia law were discussed in the closed meeting which this certification resolution applies;and 2. Only such public business matters as were identified in the motion convening the closed meeting were heard, discussed or considered by the Board of Supervisors of Roanoke County, Virginia. On motion of Supervisor McNamarato adopt the resolution,seconded by Supervisor Assaidand carried by the following recorded vote: AYES:Supervisors Assaid, Bedrosian, Hooker, McNamara, NAYS:None ABSENT:Supervisor Peters Page 1of 2