Explanation
Background: Columbus Metropolitan Housing Authority owns 5 lots located on St Clair Avenue. Through the Urban Infrastructure Recovery Fund process, these parcels are to be acquired by the City of Columbus and developed into a neighborhood park/playground. After investigation, the Department of Recreation and Parks has determined that the purchase of the property would be in the best interest of the City of Columbus and should be allowed. The following legislation authorizes the Director of the Recreation and Parks Department to execute those documents necessary to enter into a real estate purchase contract by and between the City of Columbus, Ohio and the Columbus Metropolitan Housing Authority for the purchase of those 5 properties identified for park use, and to expend $41,000.00 for cost relevant to its acquisition.
Fiscal Impact: The Recreation and Parks Department has determined that the funding necessary for this purchase will come from the Recreation and Parks Voted 1999/2004 Bond Fund to meet the financial obligation of this project
Emergency Justification: An emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to allow this acquisition to proceed in agreement with the closing transaction deadline and other terms and conditions of the purchase contract.
Title
To authorize the Director of the Recreation and Parks Department to execute those documents necessary to enter into a purchase contract with Columbus Metropolitan Housing Authority for 5 parcels of real property located on St. Clair Avenue, to be acquired the City and developed into a neighborhood park and playground; to expend $41,000.00 from the Recreation and Parks Voted 1999/2004 Bond Fund and to declare an emergency. ($41,000.00).
Body
WHEREAS, Columbus Metropolitan Housing Authority owns 5 lots located on St Clair Avenue; and
WHEREAS, through the Urban Infrastructure Recovery Fund process, City of Columbus desires to acquire these parcels and to develop them into a neighborhood park/playground; and
WHEREAS, Columbus Metropolitan Housing Authority, owner, desires to sell the property to the city; and
WHEREAS, after investigation, the Department of Recreation and Parks has determined that the purchase of the property would be in the best interest of the City of Columbus and should be allowed; and
WHEREAS, it is necessary to expend $41,000.00 from the Recreation and Parks Voted 1999/2004 Bond Fund for the purchase of those identified real properties and expenses necessary to its acquisition; 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 Recreation and Parks Department 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 Recreation and Parks Department be, and hereby is, authorized to execute those documents, as approved by The Department Of Law, Real Estate Division, necessary for the purchase of those parcels of land located in the city of Columbus, Franklin County, Ohio being tax Parcel Numbers: 010-046444-00; 010-025880-00; 010-025458-00; 010-049730-00; 010-049731-00.
Section 2. That the expenditure of $41,000.00, or so much thereof as may be necessary as follows: Project 440006, Div/Dept. 51-01, from the Recreation and Parks Voted 1999/2004 Bonds Fund, Fund # 702, OCA Code 644526, Object Level Three 6601, for the purchase of said real property is hereby authorized.
Section 3. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
Section 4. 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 passage if the mayor neither approves nor vetoes the same.