RESOLUTION


            New Hill Development Corporation - BEACON’s Kitchen $500,000


        NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Charlottesville, Virginia that the sum of $500,000 is hereby authorized to be allocated from
currently appropriated funds in the ARP Strategic Investment Account ($500,000) to New Hill
Development Corporation upon the drafting of an approved Donation Agreement between the
City of Charlottesville and New Hill Development Corporation and pursuant to said Agreement,
the City Manager is hereby authorized to execute the Donation Agreement with New Hill
Development Corporation.


$500,000      Fund: 207            I/O:1900491