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    Final Ordinance - Sale of 3600 Rivers Avenue

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    ABC News 4
    Charleston County appears to be on track to recoup some of the money lost with the purchase of the former Charleston Naval Hospital.

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    Final Ordinance - Sale of 3600 Rivers Avenue

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    ABC News 4
    125 views3 pages
    Charleston County appears to be on track to recoup some of the money lost with the purchase of the former Charleston Naval Hospital.

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    Final Ordinance -Sale of 3600 Rivers Avenue

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    Charleston County appears to be on track to recoup some of the money lost with the purchase of the former Charleston Naval Hospital.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    125 views3 pages

    Final Ordinance - Sale of 3600 Rivers Avenue

    Uploaded by

    ABC News 4
    Charleston County appears to be on track to recoup some of the money lost with the purchase of the former Charleston Naval Hospital.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    You are on page 1of 3

    AN ORDINANCE

    AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT


    3600 RIVERS AVENUE (PARCEL ID# 469-07-00-001)
    TO NAVY HOSPITAL PARTNERS, LLC

    WHEREAS, the County of Charleston (“County”) owns the approximately 23

    acres of property located at 3600 Rivers Avenue, Parcel ID# 469-07-00-001, in the City

    of North Charleston known as the former Charleston Naval Hospital (“Property”); and

    WHEREAS, the County entered into a Purchase Sale Agreement, as amended

    (“Agreement”), with Navy Hospital Partners, LLC, a South Carolina limited liability

    company (“Purchaser”) on December 30, 2019, for redevelopment to include but not

    limited to a state-of-the-art mixed use residential and commercial facility with a focus on

    Workforce Housing that is affordable to the Area Median Income (“AMI”) of Charleston

    County; and

    WHEREAS, the County will convey the Property to the Purchaser for the sum of

    Fifteen Million ($15,000,000.00) Dollars, subject to the conditions set forth in the

    Agreement; and

    WHEREAS, a Public Hearing on the proposed conveyance of the Property will

    be held prior to the third reading of this Ordinance, pursuant to Section 4-9-130 of the

    Code of Laws of South Carolina (1976, as amended); and

    WHEREAS, the conveyance of the Property, pursuant to the terms set forth

    above, is in the best interest of Charleston County and its citizens; and

    NOW, THEREFORE, be ordained it by Charleston County Council, in meeting

    duly assembled and incorporating the above-referenced recitals, finds as follows:

    1
    SECTION I. AUTHORIZATION TO EXECUTE DEED

    Charleston County Council authorizes the preparation of a limited warranty deed

    for execution by the Chairman to transfer the approximately 23 acre Property located at

    3600 Rivers Avenue, Parcel ID# 469-07-00-001, to Navy Hospital Partners, LLC, for the

    sum of Fifteen Million ($15,000,000.00) Dollars, subject to the conditions set forth in the

    Agreement.

    SECTION II. CONFLICT WITH OTHER ORDINANCES

    Any previously enacted ordinance that is in conflict with the provisions of this

    Ordinance is hereby repealed from and after the effective date of this Ordinance.

    SECTION III. SEVERABILITY

    If, for any reason, any part of this Ordinance is invalidated by a court of

    competent jurisdiction, the remaining portions of this Ordinance shall remain in full force

    and effect.

    SECTION IV. EFFECTIVE DATE

    This Ordinance shall become effective immediately upon approval following third

    reading by the Charleston County Council.

    ADOPTED and APPROVED in meeting duly assembled this ____ day of


    _______________, 2020.

    CHARLESTON COUNTY COUNCIL

    By: ____________________________
    J. Elliott Summey
    Its: Chairman

    2
    ATTEST:

    By: ____________________________
    Kristen L. Salisbury
    Clerk of Charleston County Council

    First Reading:
    Second Reading:
    Third Reading:
    Public Hearing:

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