010057910 March 4, 11
NOTICE OF PUBLIC HEARING
West Virginia University will hold a public hearing regarding a real estate exchange between it and American Campus Communities Operating Partnership LP, a Maryland limited partnership ("ACC").
The real property to be exchanged are those certain parcels of real estate, situate, lying and being in the Fourth Ward, City of Morgantown, Monongalia County, West Virginia, and more particularly bounded and described as follows:
(University Exchange Parcel)
Parcels 201, 202, 203, 204, 205, 206, 207, and 208 of Tax Map 20
Being part of the same real estate conveyed to the University by deed dated October 26, 2012, of record in the Office of the Clerk of the County Commission of Monongalia County, West Virginia, in Deed Book 1468, at Page 379.
And being the same real estate conveyed to West Virginia University Board of Governors on behalf of West Virginia University, an agency and higher education institution of the State of West Virginia, from M & J Property Holdings, LLC, a West Virginia limited liability company, by Deed dated February 21, 2013, and recorded in the Monongalia County Clerk’s Office in Deed Book No. 1474, at page 875.
(ACC Exchange Parcel)
Beginning at a P-K nail set on the northeastern right of way line of University Avenue, at the common corner between American Campus Communities Operating Partnership, LP, recorded in Deed Book 1360 at page 39, and the West Virginia University Board of Governors, recorded in Deed Book 1468 at page 379, thence running with the right of way line of said University Avenue N30°57’38"W, 62.55 feet to a P-K nail set, thence leaving said University Avenue and running through and across the property of said American Campus Communities Operating Partnership, LP, from which this conveyance is a part of around a curve to the left, having an arc length of 11.73 feet, a radius of 13.00 feet, and a chord bearing and distance of N86°59’53"E, 11.34 feet to a point, thence N61°08’25"E, 9.86 feet to a point, thence around a curve to the right, having an arc length of 26.35 feet, a radius of 56.00 feet, and a chord bearing and distance of S74°37’12"W, 26.11 feet to a point, thence N58°57’41"E, 51.19 feet to a 5/8 inch rebar with plastic cap set, thence S30°52’12"E, 50.09 feet to a 5/8 inch rebar with plastic cap set in the common division line of said West Virginia University Board of Governors, from which a ½ inch rebar found bears N59°07’48"E at 15.74 feet, thence with said division line S59°07’48"W, 96.13 feet to the point of beginning, containing 0.11 acres more or less.
Being part of the same real estate conveyed to ACC by deed dated February 15, 2008, of record in the Office of the Clerk of the County Commission of Monongalia County, West Virginia, in Deed Book 1360, at Page 39.
Additionally, ACC is conveying to WVU a strip of land acquired pursuant to that certain Ordinance Vacating, Abandoning and Annulling a 6.83′ Wide Unnamed Alley Running a Distance of Approximately One Hundred Forty-One Feet Located Between University Avenue and Quay Avenue in The Fourth Ward of the City Of Morgantown, Monongalia County, West Virginia, Not Used Nor Useful for Street Purposes adopted February 17, 2014, being an strip of land 3.415′ x approximately 100′ located between Tax Map Parcel 14A, Parcel 4 and Tax Map Parcel 20, Parcel 182.
The public hearing that may be continued or adjourned, and at which persons may appear and present their views about this lease, will be conducted on March 18, 2015, at 2:00 p.m., or as soon thereafter as the matter may be heard, in the Laurel Room of the WVU Mountainlair, located at 1550 University Avenue, Morgantown, WV.
Further, additional information regarding this issue, including terms of the sale, may be obtained at the public hearing or viewed by appointment at West Virginia University, Office of the Vice President for Legal and Governmental Affairs and Entrepreneurial Engagement, 105 Stewart Hall, Morgantown, West Virginia.