Explanation
BACKGROUND: Ordinance 0603-2023, passed March 6, 2023, authorized the Director of the Department of Development to transfer three parcels located at 55 Brehl Ave. (010-014155), 320 Brehl Ave. (010-012122) and 391 Brehl Ave. (010-018288) to New City Homes LLC, an Ohio business $74,480.00 plus a $585.00 00 processing fee. We need to amend the price from $74,480 to $78,480.00.
FISCAL IMPACT: No funding is required by this legislation.
Title
To amend Ordinance 0603-2023, passed March 6, 2023, related to the conveyance of title for 55 Brehl Ave. (010-014155), 320 Brehl Ave. (010-012122) and 391 Brehl Ave. (010-018288) held in the Land Bank, to amend the Price from $74,480.00 to $78,480.00. ($0.00)
Body
WHEREAS, on March 6, 2023, Columbus City Council passed Ordinance 0603-2023 authorizing the Director of the Department of Development to transfer three parcels located at 55 Brehl Ave. (010-014155), 320 Brehl Ave. (010-012122) and 391 Brehl Ave. (010-018288) to New City Homes LLC, for the sum of $74,480.00 plus a $585.00 processing fee.
WHEREAS, no funding is required for this amendment; and
WHEREAS, it has become necessary in the usual daily operation of the Department of Development to amend the price from $74,480.00 to $78,480.00; and NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That Section 1 of Ordinance 0603-2023, passed March 6, 2023, is hereby amended to read as follows:
That the Director of the Department of Development is hereby authorized to execute any and all necessary agreements and deeds to convey title to the following parcel of real estate to New City Homes LLC:
PARCEL NUMBER: 010-014155, 010-012122 and 010-018288
ADDRESS: 55 Brehl Ave., 320 Brehl Ave., and 391 Brehl Ave., Columbus, Ohio 43223
PRICE: $78,480.00 plus a $585.00 Processing fee
USE: New Single Family Construction
SECTION 2. For the property stated in Section 1, that the City will credit the Buyer at the time of transfer for the value of maintenance and/or improvements made by the Buyer under the Improve to Own Program as specified in the Memorandum of Understanding.
SECTION 3. That Council hereby finds that the selection process utilized in this matter is in accordance with the Land Bank Disposition Process created pursuant to the City’s Land Reutilization Program and hereby approves the same.
SECTION 4. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.