City of Alexandria, Virginia
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MEMORANDUM
DATE: JUNE 16, 2014
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: JAMES L. BANKS, JR, CITY ATTORNEY /s/
RASHAD M. YOUNG, CITY MANAGER /s/
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Consideration and Receipt of the Settlement Agreement and the Property Acquisition and Exchange Agreement Between the City of Alexandria and the Old Dominion Boat Club and Authorization for the City Manager to Enter into all Necessary Documents to Implement the Agreement.
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ISSUE: Consideration and receipt of the Settlement Agreement and the Property Acquisition and Exchange Agreement between the City of Alexandria and the Old Dominion Boat Club and authorization for the City Manager to enter into all necessary documents to implement the agreement.
RECOMMENDATION: That City Council receive the Settlement Agreement and Property Acquisition and Exchange Agreement and authorize the City Manager to execute these documents and any future documents necessary to implement these agreements.
DISCUSSION:
Over the last decade, the City and the Old Dominion Boat Club (ODBC) have been in negotiations regarding disputes about property ownership at the foot of King Street, which is at the center of the Waterfront Plan. On November 19, 2013, City Council approved a motion directing City Staff to conduct an additional 90 day negotiation period with the ODBC to attempt to resolve the disputes. The motion also directed City Staff to continue the process of eminent domain in the event the negotiations did not resolve the disputes. On March 13, 2014 the City made two offers to the ODBC to resolve the disputes including a proposal that would allow the club to stay in the same location with relocated parking ("Stay in Place Option" and a proposal that would relocate the club to a new facility on the Waterfront ("Move Option"). By a vote of its...
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