Title
Ordinance Vacating Any and All City of Hampton Interest In a Portion of A Certain Alley of Varying Width Containing 3,112+/- Square Feet Bounded By Three Parcels Now Owned by the Hampton Redevelopment and Housing Authority Collectively Addressed as 32 E. Queens Way (LRSN 2002883), 34 E. Queens Way (LRSN 2002882) and 27 S. King Street (LRSN 2002982)
Purpose
PURPOSE/BACKGROUND:
The City owns an alley, which it acquired title to by deed dated July 27, 1955 and which was recorded in the Circuit Court for the City of Hampton at Deed Book 239 Page 20 (the “Deed”). The alley runs from E. Queens Way to S. Kings Way in an irregular and varying shape across several properties (the “Alley”). The Alley is bounded by parcels of property currently owned by the Hampton Redevelopment and Housing Authority addressed as 32 E. Queens Way (LRSN 2002883), 34 E. Queens Way (LRSN 2002882) and 27 S. King Street (LRSN 2002982) (the “HRHA Properties”) as well as a parcel of property currently owned by Crestar Bank addressed as 2 E. Queens Way (LRSN 2002884) (collectively the “Adjacent Properties”), as further shown on Exhibit A attached hereto.
The City of Hampton, Hampton Redevelopment and Housing Authority, and Economic Development Authority of the City of Hampton are parties to a certain development agreement, through which WVS Hampton, LLC (the “Developer”) plans to construct multi-family residential dwelling units and commercial space upon the HRHA Properties. Although the Alley has not been used for the purposes set forth in the Deed, there is no evidence that the Alley was ever formally vacated by the City. In order to facilitate a transfer in fee simple of the HRHA Properties to the Developer, the City desires to vacate any and all City interest in the portion of the Alley shown on Exhibit A. This action will leave the remaining portion of the Alley that crosses Crestar Bank's property in place, which could be vacated upon their request and City Council approval, if nece...
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