Explanation
BACKGROUND: The City of Columbus, Ohio, Department of Recreation and Parks ("City"), is the owner of real property located at 6001 E. Livingston Ave, Columbus, Ohio 43232 [Franklin County Tax Parcel № 010-098823], commonly known as Walnut Hill Golf Course ("Property"). The Property is subject to possible reversionary interests and other deed restrictions and limitations, which the City desires to have removed. The following is an ordinance authorizing the Director of Recreation and Parks to obtain a deed of reversionary interest and release of restrictions, and to expend monies for the payment of costs related thereto.
FISCAL IMPACT: The City of Columbus, Ohio, Department of Recreation and Parks, determined funding for this project will be from the Recreation and Parks Permanent Improvement Fund 747 for the acquisition of reversionary interests and release of restrictions on the Property.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to provide for the immediate acquisition of reversionary interests and removal of the use restrictions and limitations on City-owned real property located at 6001 E. Livingston Ave, Columbus, Ohio 43232 [Franklin County Tax Parcel № 010-098823], commonly known as Walnut Hill Golf Course, which will immediately preserve the public health, peace, property, and safety.
Title
To authorize the Director of the Department of Recreation and Parks to obtain a deed of reversionary interest and release of restrictions on City-owned real property located at 6001 E. Livingston Ave, Columbus, Ohio 43232 [Franklin County Tax Parcel № 010-098823], commonly known as Walnut Hill Golf Course; the expenditure up to Fifty Thousand, Two Hundred Twenty-Nine, and 75/100 U.S. Dollars ($50,229.75) for costs relating thereto; and to declare an emergency.
Body
WHEREAS, the City of Columbus, Ohio, Department of Recreation and Parks ("City"), is the owner of real property located at 6001 E. Livingston Ave, Columbus, Ohio 43232 [Franklin County Tax Parcel № 010-098823], commonly known as Walnut Hill Golf Course ("Property"); and
WHEREAS, the City desires to obtain a deed of reversionary interest and release of restrictions on the Property; and
WHEREAS, Golfview Apartments, an Ohio partnership, has agreed to release all restrictions and deed any reversionary interests it may have relative to the Property, and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus, Ohio, Department of Recreation and Parks, because it is immediately necessary to authorize the acquisition of a deed of reversionary interests and release of restrictions in the Property, to provide the Department of Recreation and Parks unrestricted use of the Property, which will immediately preserve the public health, peace, property, and safety; now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS, OHIO:
SECTION 1. The Director of the Department of Recreation and Parks is authorized to obtain a deed of reversionary interests and release of restrictions, as approved by the Columbus City Attorney, Real Estate Division, for City-owned real property located at 6001 E. Livingston Ave, Columbus, Ohio 43232 [Franklin County Tax Parcel № 010-098823], commonly known as Walnut Hill Golf Course.
SECTION 2. The expenditure of Fifty Thousand, Two Hundred Twenty-Nine, and 75/100 U.S. Dollars ($50,229.75), or as much as may be necessary from the Recreation and Parks Permanent Improvement Fund 747, Project № 510025-100003 (Eastland-Brice), OCA № 510903, Object Level 3, № 6601, for the acquisition of a deed of reversionary interest and release of restrictions.
SECTION 3. The Columbus City Auditor is authorized to make any accounting changes to revise the funding source for all documentation associated with this ordinance
SECTION 4. The Columbus City Auditor is authorized and directed to transfer any unencumbered balance in the project account to the unallocated balance within the same fund upon receipt of certification by the Director of the department administering this project when the project is completed and the monies are no longer required for this project, except that no transfer shall be made from a project account by monies from more than one source.
SECTION 5. The Columbus City Auditor is authorized to establish proper project accounting numbers, as appropriately needed.
SECTION 6. For the reasons stated in this ordinance's preamble, which is made apart of this ordinance, this ordinance is 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 10 days after its passage if the Mayor neither approves nor vetoes the same.