Explanation
BACKGROUND: In order to have an effective Land Reutilization Program, it is necessary to acquire other vacant and underutilized properties. These properties located at 1805 Parsons Avenue, 1809 Parsons Avenue and Lot 174, Goethe Street will be held in the City's Land Bank and managed in accordance with the policies and procedures of the Land Utilization Program. This transfer of property will be done by virtue of a deed, which will be recorded in the Official Records of the County Recorder's Office. These vacant properties will be marketed for commercial development.
FISCAL IMPACT: The maintenance of these parcels will be provided by the Environmental Blight Abatement Unit. No funding is required for this legislation.
Title
To authorize the acceptance of a deed for three parcels of land to be held in the Lank Bank inventory.
Body
WHEREAS, Stanley A. Rosenfeld, Trustee of the said real estate has agreed to donate these properties to the City's Land Bank; and
WHEREAS, by virtue of said deed to the City of Columbus this deed will be recorded in the Franklin County, Ohio, Recorder's Office; and
WHEREAS, the City desires to accept the deed for said properties which will be held in the Land Bank Program and managed in accordance with the Land Reutilization Program's policies and procedures; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City of Columbus hereby accepts the property described herein as:
Owner: Stanley A. Rosenfeld Owner: Stanley A. Rosenfeld
Parcel: 010-008057 Parcel: 010-066215
Address: 1805 Parsons Avenue Address: 1809 Parsons Avenue
Owner: Stanley A. Rosenfeld
Parcel: 010-040816
Address: Lot 174, Goethe Street
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.