Explanation
The City owns fee title to the real property located at 2500 Sullivant Avenue, Columbus, Ohio 43204, Franklin County Tax Parcel Number 010-051278. The site was formerly used as the Hilltop Health Center and was vacated in September 2009 with the move of the health center operations to the new Columbus West Family Health and Wellness Center.
Ordinance #1176-2009, passed by Columbus City Council on 11/17/2009 granted authority to the Director of the Department of Finance and Management to determine the current marketability of this property and to entertain discussions and negotiations with interested parties with respect to the sale of this property. The ordinance provided that any agreement for the sale of the property would require approval by subsequent Council ordinance.
The Sullivant Avenue property has been exposed to the market through public notices in the Columbus City Bulletin since 11/21/2009, by a commercial real estate listing since 12/08/2009, and by a "For Sale" sign on the property. The property has been shown to a number of interested parties. The City has now received a purchase offer within the estimated market value range for this property. Based upon the price offered and the proposed terms of the sale, it is deemed to be in the City's best interest to enter into a formal contract with the prospective purchaser for the sale of the property commonly known as 2500 Sullivant Avenue, Columbus, Ohio 43204 and described as follows:
Situated in the State of Ohio, County of Franklin, City of Columbus, and being all of Lots 295, 296, 297, 298, and 299 in the Thorpe Brothers Bronx Subdivision, as the same is numbered and delineated upon the recorded plat of record in Plat Book 12, Page 31, Recorder's Office, Franklin County, Ohio.
Franklin County Tax Parcel Number 010-051278
This ordinance authorizes approval for the sale of that City owned real property and authorizes the Director of the Department of Finance and Management to execute those documents necessary to enter into a contract with Musa and Navart Jallaq for the sale of the property for a purchase a price of $200,000.00.
Fiscal Impact: Proceeds from this transaction shall be deposited in Fund 748, the General Permanent Improvement Fund.
Emergency Justification: Emergency action is requested to enable the City to immediately enter into contract and schedule a closing date, to allow the City to eliminate the cost associated with maintance of this property and receive income of $200,000.00 form the proceeds of the sale.
Title
To authorize the Director of Finance and Management to execute those documents necessary to enter into contract with Musa and Navart Jallaq for the sale of City-owned surplus property commonly known as 2500 Sullivant Avenue, Columbus, Ohio 43204; and to declare an emergency.
Body
WHEREAS, that real property owned by the City of Columbus and commonly known as 2500 Sullivant Avenue, Columbus, Ohio 43204 has been deemed to be surplus City property; and
WHEREAS, pursuant to Ordinance #1076-2009, the Department of Finance and Management received authority to determine the current marketability of this property and to entertain discussion from and enter into negotiations with interested parties with respect to the sale of this property; and
WHEREAS, the property was offered for sale through public notice, a commercial real estate listing service, and property sign; and
WHEREAS, the City has received a purchase offer for said property from Musa and Navart Jallaq in the amount of $200,000.00; and
WHEREAS, the Director of Finance and Management deems that it is in the best interest of the City to enter into a sale contract with Musa and Navart Jallaq for a purchase price in the amount of $200,000.00; and
WHEREAS, an emergency exists in the usual daily operation of the City, in that it is necessary to immediately authorize the Director of the Department of Finance and Management to execute those documents necessary to enter into a contract with Musa and Navart Jallaq for the sale of property located at 2500 Sullivant Avenue, and to execute a quitclaim deed and any ancillary documents necessary to grant fee simple title to the same real property thereby preserving the public health, peace, property, safety and welfare; 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 is hereby authorized to execute those documents on behalf of the City of Columbus, as approved by the Department of Law, Division of Real Estate, necessary to enter into a contract with Musa and Navart Jallaq for the sale of City-owned property commonly known as 2500, Sullivant Avenue, Columbus, Ohio 43204, and to execute a quitclaim deed and any ancillary documents necessary to grant fee simple title to said property.
SECTION 2. That the sale proceeds to be received by the City shall be deposited in Fund 748, the General Permanent Improvement Fund.
SECTION 3. That for the reasons stated 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.