Explanation
BACKGROUND: Authorization is needed for the Director of the Department of Development to enter into an option agreement to sell and transfer 38 parcels to Healthy Linden Homes II, LLC to redevelop into affordable rental housing. The sites are a part of an ongoing effort to provide affordable housing in the Linden neighborhood after the adoption of the One Linden Plan. Additional sites are being developed by Healthy Linden Homes in partnership with Central Ohio Community Land Trust (COCLT), resulting in a combination of affordable rental and homeownership housing in the same areas. This legislation authorizes both the option agreement and the sale of the parcels.
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 enable the City to immediately enter into the necessary agreements allowing the buyer to purchase the first parcels under ordinance and start construction yet this spring.
Title
To authorize the Director of the Department of Development to enter into option agreements and to execute any and all necessary agreements and deeds for conveyance of title of thirty-eight (38) parcels of real property to Healthy Linden Homes II, LLC and to declare an emergency.
Body
WHEREAS, by Ordinance 1325-98, Council adopted and elected to use the Revised Code Chapter 5722, Land Reutilization Program, to facilitate effective reutilization of nonproductive land acquired through a sale pursuant to a foreclosure proceeding initiated by the Franklin County Treasurer, or through a sale of forfeited lands by the Franklin County Auditor, or through a conveyance in lieu of foreclosure to foster either return of such land to tax revenue generating status or its devotion to public use, or any other land acquired as part of the land reutilization program; and
WHEREAS, a proposal for the sale of the property which was acquired pursuant to Ohio Revised Code Section 5722.03, 5722.04, or 5722.06 meets the Land Reutilization Program’s Disposition Policies and Guiding Principles and has been approved by the Land Redevelopment Office Administrator; and
WHEREAS, in conformity with Ohio Revised Code Section 5722.07, the property will be sold at not less than fair market value, defined as the appraised value of the nonproductive land made with reference to any redevelopment and reutilization restrictions as may be imposed by the electing subdivision as a condition of sale or as may otherwise be applicable to such; therefore, competitive bidding is not required; 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 the real property; and
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to expedite the transfer in order to reduce Land Bank maintenance costs and to meet contract deadlines, 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 Development is hereby authorized to execute any and all necessary agreements and deeds to provide an option agreement and to convey title, as approved by the Department of Law, Real Estate Division, to the following parcels of real estate to Healthy Linden Homes II, LLC:
|
Parcel |
Address |
|
Price |
|
010-049488 |
1041 |
E 12th Ave |
$4,340.00 |
|
010-052666 |
983 |
E 11th Ave |
$3,600.00 |
|
010-052684 |
1289-91 |
E 17th Ave |
$4,137.00 |
|
010-077425 |
1292-94 |
E 18th Ave |
$5,053.00 |
|
010-060203 |
1375 |
E 23rd |
$3,881.50 |
|
010-033764 |
1249 |
E 16th Ave |
$3,717.00 |
|
010-060621 |
1278-80 |
E 19th Ave |
$6,246.50 |
|
010-060503 |
1334 |
21st Ave |
$4,025.00 |
|
010-060502 |
1340 |
21st Ave |
$4,025.00 |
|
010-060663 |
1392 |
E 18th Ave |
$5,245.00 |
|
010-060654 |
1443 |
E 19th Ave |
$4,468.00 |
|
010-061096 |
2371 |
Linden Ave |
$4,032.00 |
|
010-061595 |
1557 |
Weber Rd |
$4,042.50 |
|
010-070765 |
2930 |
Medina Ave |
$10,750.00 |
|
010-059994 |
2525 |
Renwood Pl |
$5,119.00 |
|
010-062078 |
2444 |
Renwood Pl |
$5,031.00 |
|
010-097294 |
1027 |
Loretta Ave |
$6,688.50 |
|
010-097293 |
1019 |
Loretta Ave |
$6,431.50 |
|
010-074517 |
1238 |
Loretta Ave |
$4,607.00 |
|
010-073017 |
2464 |
Azelda St |
$4,095.00 |
|
010-074118 |
2586-88 |
Azelda St |
$8,190.00 |
|
010-072865 |
2585 |
Hiawatha St |
$4,095.00 |
|
010-074293 |
2587 |
Osceola Ave |
$4,060.00 |
|
010-072957 |
2773 |
Osceola Ave |
$8,260.00 |
|
010-074233 |
2769 |
Osceola Ave |
$4,060.00 |
|
010-073012 |
2579 |
Atwood Terrace |
$4,130.00 |
|
010-074112 |
2579 |
Atwood Terrace |
$4,130.00 |
|
010-083782 |
3165 |
McGuffey Rd |
$10,920.00 |
|
010-061227 |
1477 |
26th Ave |
$3,675.00 |
|
010-034948 |
1481 |
26th Ave |
$3,675.00 |
|
010-081943 |
1550 |
26th Ave |
$3,675.00 |
|
010-060824 |
1556 |
26th Ave |
$3,675.00 |
|
010-060722 |
1551 |
26th Ave |
$3,439.50 |
|
010-060216 |
1541 |
26th Ave |
$3,675.00 |
|
010-060202 |
1545 |
26th Ave |
$3,622.50 |
|
010-060949 |
1535 |
25th Ave |
$3,780.00 |
|
010-060357 |
1539-41 |
25th Ave |
$3,037.00 |
|
010-060387 |
1457 |
24th Ave |
$3,885.00 |
|
|
|
|
|
SECTION 2. For the properties stated in Section 1, that the Director of Development is hereby authorized to execute any agreement, deed restriction, or mortgage(s) to ensure compliance with land bank program rules and the submitted application and to release such restriction or mortgage(s) upon compliance.
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 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.