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2005 Session

Budget Bill - HB1500 (Chapter 951)

Department of Conservation and Recreation

Item C-147.10

Item C-147.10

The Department of Conservation and Recreation is authorized to exchange land from the Massanutten Military Academy Tract, acquired April 14, 2004, by the department with General Obligation Bond Funds, for a one twelfth (1/12) interest owned by the Margaret Lyons Jones Land Trust in approximately 235 acres, currently owned as to eleven twelfths (11/12) interest by James R. Myers.  The difference in value, as determined by Fair Market Value Appraisals, shall be paid by the entity receiving the land of greater value.