Explanation
BACKGROUND: Authorization is needed for the Director of the Department of Development to enter into a 5 year lease agreement for the property at 120 N Yale Ave., 126 N Yale Ave., 106 N. Yale Ave. & 110 N. Yale Ave. Columbus, Ohio 43222 {Franklin County Tax Parcel ? 010-007660, 010-008862, 010-035929 & 010-004373} to Magic House Farms, an Ohio nonprofit whose project is to transform vacant and underutilized sites in under-served neighborhoods into productive, sustainable urban farms that provide low-income, food insecure residents increased access to fresh, local produce and encourage civic engagement. This legislation authorizes the Director of Development to enter into the necessary lease agreement as needed for the use, operation, lease, and management of the property by Magic House Farms.
FISCAL IMPACT: The City will collect “Rent” as defined as lessee’s annual rental payment to the City in the amount of One-Thousand and 00/100 U.S. Dollars ($1,000.00), which is calculated at Fifty and 00/100 U.S. Dollars ($50.00) per parcel per year.
EMERGENCY JUSTIFICATION: Emergency action is requested to enable the City to immediately enter into the necessary agreements allowing the lessee to begin farming immediately during the 2022 growing season and in order to reduce Land Bank maintenance costs, all for the immediate preservation of the public health, peace, property, safety and welfare.
Title
To authorize the Director of the Department of Development to enter into the necessary lease agreements for the use, operation, lease, and management of 120 N Yale Ave. (010-007660), 126 N Yale Ave. (010-008862), 106 N. Yale Ave. (010-035929) & 110 N. Yale Ave. (010-004373) by Magic House Farms and to declare an emergency.
Body
WHEREAS, by Ordinance 1325-98, Council adopted and elected to use the Revised Code Chapter 5722, Land Reutilization Program, to facilitate effective reutilization of nonproductive land acquired through a sale pursuant to a foreclosure ...
Click here for full text