Explanation
BACKGROUND: Council adopted Revised Code Chapter 5722 Land Reutilization Program by Ordinance 2161-93 to facilitate effective reutilization of nonproductive land within the City's boundaries to foster either the return of such land to tax revenue generating status or retention for public use. The Lank Bank, by way of Memorandum of Understanding, accepted title of one parcel of land from the Columbus Urban Growth. This property was held in the Land Bank until such time that Columbus Urban Growth provided an acceptable redevelopment plan for the property. In order to complete the transfer authorization is needed for the Director of Department of Development to execute any and all agreements and deeds for conveyance of such real property.
FISCAL IMPACT: The City may first recover reimbursement of any and all expenses incurred on account of the acquisition, administration, management, maintenance, and disposition of such land and such other expenses of the program as the City may apportion to such land from the sale proceeds.
EMERGENCY
JUSTIFICATION: Emergency action is requested to meet the developer's project timeline.
Title
To authorize the Director of the Department of Development to execute any and all necessary agreements and deeds for conveyance of title of one parcel of real property (560 Harmon Avenue) held in the Land Bank pursuant to the Land Reutilization Program; and to declare an emergency.
Body
WHEREAS, by Ordinance 2161-93 Council adopted and elected to use the Revised Code Chapter 5722, Land Reutilization Program, to facilitate effective reutilization of nonproductive land, and
WHEREAS, a proposal for the disposition of one parcel has been submitted for the redevelopment of said parcel; and
WHEREAS, in order to complete the transfer of such property to the purchaser, authority is needed for the Director of the Department of Development to execute any and all necessary agreements and deeds of conveyance for such real property; and
WHEREAS, The Office of Land Management by way of a Memorandum of Understanding with the Columbus Urban Growth accepted one parcel of land until such time that Columbus Urban Growth provided an acceptable redevelopment plan for the site; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Office of Land Management, in that it is immediately necessary to convey said parcel of real estate from the City's Land Bank in order to meet the developer's project timeline thereby preserving the public health, peace, property, safety, and welfare; and NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of Department of Development is hereby authorized and directed to execute any and all necessary agreements and deeds to convey title of the following parcel of real estate:
PARCEL NUMBER: 010-267124
ADDRESS: 560 Harmon Avenue
Section 2. 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 approval by the Mayor, or ten days after passage if the Mayor neither approves nor
vetoes the same.