Danville-Pittsylvania Regional Industrial Facility Authority
Agenda — 2 items
- Consideration of Resolution No. 2024-12-09-5D, approving a one-year renewal of the lease with Mountain View Farms of Virginia, L.C., a Virginia limited liability company, as tenant, for that certain real property (being a portion of GPIN 1356-80-4414) of the Authority, containing approximately 30 acres and fronting on Stateline Bridge Road, in the Authority’s Southern Virginia Megasite at Berry Hill project, in Pittsylvania County, Virginia, for the purpose of planting and harvesting sod, soybeans, and/or other cover crops, but not tobacco, at a total rental fee of $1,200; such renewal also includes a 60-day early termination right and right to show the property to business recruits of the Authority – Michael C. Guanzon, Esq., Christian & Barton, L.L.P., Authority Legal Counsel
- Consideration of Resolution No. 2024-12-09-5C, authorizing the chairman of the Authority to execute and deliver that certain Commitment Letter for a $1,895,000.00 loan from the Virginia Small Business Financing Authority to finance the purchase of certain real property consisting of approximately 289.47 acres (GPIN 1366-12-5834), commonly known as 5981 Berry Hill Road, Danville, VA 24541, near the Authority's Southern Virginia Megasite at Berry Hill project, located in Pittsylvania County, Virginia, in connection with Resolution No. 2024-09-09-5B – Corrie T. Bobe, Director of Economic Development, City of Danville and Matthew D. Rowe, Director of Economic Development, Pittsylvania County
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