Portsmouth Redevelopment & Housing Authority v. Ison

66 Va. Cir. 336, 2005 Va. Cir. LEXIS 39
CourtPortsmouth County Circuit Court
DecidedJanuary 18, 2005
DocketCase No. (Law) 03-1512
StatusPublished
Cited by1 cases

This text of 66 Va. Cir. 336 (Portsmouth Redevelopment & Housing Authority v. Ison) is published on Counsel Stack Legal Research, covering Portsmouth County Circuit Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Portsmouth Redevelopment & Housing Authority v. Ison, 66 Va. Cir. 336, 2005 Va. Cir. LEXIS 39 (Va. Super. Ct. 2005).

Opinion

By Judge Mark S. Davis

This matter is before the Court for decision after a non-jury trial. The factual and procedural background of the case, discussion of the issues, and conclusions are set forth below.1 Because there was no court reporter present for the first day of the trial, testimony is reviewed below in some detail.

[337]*337I. Factual and Procedural Background

Plaintiff Portsmouth Redevelopment and Housing Authority (“PRHA”) filed a Summons for Unlawful Detainer, pursuant to Va. Code § 8.01-126, in the Portsmouth General District Court on May 8, 2003. PRHA sought possession of the property located at 739 High Street in Portsmouth, alleging it was the owner; that a month to month lease on the property had been terminated by notice given to the defendant, Philip Ison; and that the tenant, Ison, had not vacated the premises. The General District Court entered judgment for Ison on June 4, 2003, and PRHA appealed to this Court.2 The trial of the case took place over the course of two days, November 10 and 17, 2004. The case is now ripe for decision.

A. Trial Evidence

Gordon Wheatley testified for the PRHA on November 10 and 17,2004. He retired from the PRHA on July 7,2003, and held the position of Assistant Director for Development and Operations at the time of his retirement, having served in various positions at PRHA for twenty-nine years. His job included the responsibility for working with private companies and individuals to develop land owned by PRHA.

Wheatley stated that PRHA and Ison entered into discussions in 1999 regarding Ison acquiring the property located at 739 High Street in downtown Portsmouth. Ón January 24, 2000, PRHA’s Executive Director, Danny E. Cruce, and Ison (on behalf of High Street Galleries, L.L.C., and himself) signed a Development Agreement. Def. Ex. # 3, (admitted over objection of PRHA’s counsel). The Development Agreement provides that PRHA has “undertaken a program known as the Crawford Urban Renewal Project, [338]*338including the redevelopment of certain properties lying within the City of Portsmouth. . . .” The Development Agreement also indicates that, in furtherance of that goal, PRHA acquired title to property otherwise known as 739 High Street and that Ison and High Street Galleries, L.L.C. (“HSG”) offered to purchase and develop that property. The Virginia Supreme Court has repeatedly recognized that such development arrangements are proper governmental functions. See Charlottesville v. DeHaan, 228 Va. 578, 592, 323 S.E.2d 131, 138 (1984).

The Development Agreement provides that Ison and HSG agree to purchase the property from PRHA for $50,000.00 and that Ison and HSG shall rehabilitate the property, consisting of 69,000 square feet of commercial and residential space pursuant to plans on file at PRHA. Def. Ex. # 3, para. 1. Furthermore, Ison and HSG were to complete construction of all improvements within nine months of the closing date, with satisfactory completion of such improvements being determined in the sole discretion of PRHA. Ison and HSG were to sign and deliver to PRHA a general warranty deed of bargain and sale for the property and PRHA was to hold the deed in escrow as additional security for completion of the improvements. If Ison and HSG failed to comply with then obligation under the Development Agreement, PRHA was authorized to “record the [d]eed [b]ack and thereby acquire title” to the property. Once the Certificate of Completion was recorded, PRHA was to “void the [d]eed [b]ack and return same to” Ison and HSG. Def. Ex. # 3, para. 1.

The Development Agreement also provided that the “[c]losing [d]ate shall be on or no later than thirty days from the execution” of the Development Agreement “unless extended as provided” in such Development Agreement. Def. Ex. # 3, para. 2. Ison and HSG were to notify PRHA of the proposed date and time for closing at least fifteen days before such proposed date and time of closing. Def. Ex. # 3, para. 5. The closing on the property was contingent upon (1) PRHA unconditionally approving the site plan of Ison and HSG, (2) PRPIA unconditionally approving the plans and specifications of Ison and HSG for rehabilitation of the building on the property, (3) Ison and HSG obtaining all necessary building permits, and (4) Ison and HSG submitting to PRHA evidence of compliance with city parking requirements. Failure of Ison and HSG to satisfy any of those conditions, absent a waiver from PRHA, provided PRHA with the option to terminate the Development Agreement. Def. Ex. # 3, para. 6.

Closing was also contingent upon (1) good title from PRHA, (2) sufficient availability of utility service for the property, and (3) appropriate soil and subsurface conditions for construction. Once closing took place, Ison [339]*339and HSG were to complete improvements on the property, provided however, that extensions could take place on notice from Ison and HSG to PRHA regarding changes in the final plans and specifications for the improvements requested by the PRHA or regarding unforeseen causes of delay beyond Ison and HSG’s control. Def. Ex. # 3, paras. 6 & 8.

The Development Agreement provided that Ison and HSG were to obtain a letter of credit for PRHA’s benefit in the amount of $ 100,000.00, and such letter of credit was not to expire before the Certificate of Completion was recorded. The letter of credit was to guarantee the “timely and satisfactory substantial completion” of the improvements of the property. Until all the improvements were completed, all liens against the property were to only secure the “[p]urchase [p]rice and the soft and hard costs of the construction” of the improvements.

The Development Agreement also contained a provision indicating that the “time for performance of any of the terms” of the Development Agreement “is of the essence.” The attachments to the Development Agreement reflect contemplated improvements totaling more than $800,000.00. Def. Ex. # 3, para. 10.

Unless closing contingencies were waived prior to closing, should either party fail to comply with such contingencies, the Development Agreement provided that either party might terminate such agreement, with such termination being the sole remedy available to Ison. Def. Ex. # 3, para. 6. The Development Agreement also contained a merger clause indicating that the Development Agreement and its exhibits constituted the entire agreement and that such agreement “shall not be modified except in writing, executed by all parties. . . .” Def. Ex. # 3, para. 11. However, the Court notes that the Development Agreement admitted in evidence only contains exhibits C, D, and F; that it contains an exhibit G not referenced and which references an exhibit I that is not provided; and that there are blank spaces in the Development Agreement.

Wheatley testified that closing did not take place within thirty days of the Development Agreement being signed on January 24,2000. He said that Ison notified PRHA that he did not have sufficient funds to close on the property. Wheatley then agreed to extend the closing date, at Ison’s request. Ison was occupying the property by April 1,2000, apparently anticipating a closing. In a letter dated April 1,2000, to Wheatley, Ison stated that he had already made some renovations and he would like to “renegotiate part of the closing on the property” and “come to terms on the closing.” Def. Ex.

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Cite This Page — Counsel Stack

Bluebook (online)
66 Va. Cir. 336, 2005 Va. Cir. LEXIS 39, Counsel Stack Legal Research, https://law.counselstack.com/opinion/portsmouth-redevelopment-housing-authority-v-ison-vaccportsmouth-2005.