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2001 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 23-4.01 of the Code of Virginia is amended and reenacted as follows:
§ 23-4.01. Approval for transfer of property.
A. The property known as College Woods which that includes Lake Matoaka and is
possessed and controlled by a college founded in 1693, regardless of whether such property has been declared
surplus property pursuant to § 2.1-505, shall not be transferred or disposed of
without the approval of the board of visitors of such college by a two-thirds vote
of all board members at a regularly scheduled board meeting. The General
Assembly shall also approve such disposal or transfer.
B. The provisions of subsection A shall not operate to prevent the transfer to the Virginia Department of Transportation of a portion of the property described in subsection A sufficient to permit the reconstruction of the intersection of Virginia Route 615 (Ironbound Road) and Virginia Route 321 (Monticello Avenue).
C. In order for any transfer to the Department to occur:
1. The Department shall remain within the boundaries identified as a right-of-way addition of approximately 1.53 acres as detailed on Exhibit #4, labeled Preliminary Plan of Ironbound Road/Monticello Avenue Intersection and dated January 4, 2001, drawn by AES Consulting Engineers of Williamsburg, Virginia, in completion of any reconstruction of such intersection;
2. The Department shall employ and construct all required best management practices and erosion and sediment control measures to minimize and mitigate any impacts to College Woods and Lake Matoaka; and
3. The Department shall vacate approximately 3.22 acres of right-of-way and re-designate such to the College so that the College has confirmed encumbrances. This vacation shall create not less than a seventy-eight foot right-of-way from approximately 1,000 feet east of Virginia Route 615 (Ironbound Road) to approximately 4,000 feet east of Virginia Route 615 (Ironbound Road) along Virginia Route 321 (Monticello Avenue) identified on Exhibit #4, labeled Preliminary Plan of Ironbound Road/Monticello Avenue Intersection and dated January 4, 2001, drawn by AES Consulting Engineers of Williamsburg, Virginia, as right-of-way abandonment. This vacation to create a right-of-way width shall not allow for a road widening to add additional travel lanes for the remainder of Virginia Route 321 (Monticello Avenue).
D. The provisions of subsections B and C shall not become effective until a reconstruction of the intersection has been designed and fully funded as required by the Department.