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2003 Session

Budget Amendments - SB700 (Committee Approved)

Property Exchange (language only)

Item C-24.25 #2s

Item C-24.25 #2s

Education: Higher Education
James Madison University

Language
Page 515, after line 31, insert:
"C-24.25.  James Madison University is hereby granted authorization to enter into a no cost exchange of land with the City of Harrisonburg.  This exchange transfers to the City of Harrisonburg title to land area adjacent to its Resource Recovery Facility sufficient to support the expansion of said facility.  In consideration of the transfer to the City of Harrisonburg, the City conveys that portion of land attributable to James Madison University resulting from the closure of an alley contiguous to James Madison University property that runs east-west, parallel to Patterson Street."


Explanation
(This amendment provides for the exchange of property between the City of Harrisonburg and James Madison University, at no cost to either party. The exchange has already been approved by Harrisonburg's City Council along with the University's Board of Visitors.)