Explanation
Background: The City of Columbus (hereinafter "City") desires to purchase that real property commonly known as 1084 West Broad Street, Columbus, Ohio 43222, for the expansion of Fire Station 10, which lies adjacent to the subject property. Keith Mason Sr. and Rozalene Mason, jointly and severally (hereinafter "Owner"), desire to sell the property to the City. This legislation authorizes the Director of the Department of Finance and Management to execute those documents necessary to purchase the aforementioned real property and to expend $176,500.00 for cost relevant to its acquisition.
Fiscal Impact: The Department of Public Safety, Division of Fire has determined that the expenditure for this purchase will come from the Safety Voted Bond Fund.
Emergency Justification: Emergency action is requested to allow the purchase of the subject real property without delay in order to comply with the terms of the purchase agreement.
Title
To authorize the Director of the Department of Finance and Management to execute those documents necessary to purchase that real property owned by Keith Mason Sr. and Rozalene Mason, jointly and severally, located at 1048 West Broad Street for the expansion of Fire Station 10, to expend $176,500.00 from the Safety Voted Bond Fund, and to declare an emergency. ($176,500.00).
Body
WHEREAS, the City of Columbus (hereinafter "City") desires to purchase that real property commonly known as 1084 West Broad Street, Columbus, Ohio 43222, for the expansion of Fire Station 10, which lies adjacent to the subject property; and
WHEREAS, Keith Mason Sr. and Rozalene Mason, jointly and severally (hereinafter "Owner"), desire to sell the property to the City; and
WHEREAS, it is necessary to expend $176,500.00 from the Safety Voted Bond Fund in order to purchase the subject real property; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus, in that it is immediately necessary to authorize the Director of the Department of Finance and Management to execute those documents necessary for the purchase of said real property for the immediate preservation of the public health, peace, property and safety; now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Finance and Management be, and hereby is, authorized to execute those documents, as approved by the Department of Law, Real Estate Division, necessary for the purchase of that real property, commonly known as 1084 West Broad Street, Columbus, Ohio 43222, for the expansion of Fire Station 10.
Section 2. That the expenditure of $176,500.00, or so much thereof as may be necessary, from the Safety Voted Bond Fund, be and hereby is authorized as follows: OCA: 340112; Fund #701; Object Level Three: 6601; Dept./Div. 30-04, Project No. 340112 for the aforesaid purpose is hereby authorized.
Section 3. That for the reasons state in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after its passage if the Mayor neither approves nor vetoes the same.