Explanation
BACKGROUND: This ordinance accepts 52 parcels previously held by the Columbus Urban Growth Corporation into the City Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program. The Land Bank will maintain and market the properties for future redevelopment.
FISCAL IMPACT: No funding is required for this legislation. The maintenance of the parcels will be provided by contracts managed by the Land Redevelopment Office.
EMERGENCY JUSTIFICATION: Emergency action is requested to place the properties into the Columbus Land Bank as soon as possible in order to facilitate the rehabilitation, redevelopment or demolition of same.
Title
To authorize the acceptance of 52 parcels of land previously held by the Columbus Urban Growth Corporation to be held in the Land Bank inventory and managed in accordance with the policies and procedures of the Land Reutilization Program; and to declare an emergency.
Body
WHEREAS, the acceptance of 52 parcels which have been acquired pursuant to Section 5722.06 for this program and meets the Land Reutilization Program's Policies and Guiding Principles; and
WHEREAS, Columbus Urban Growth transferred the parcels to City of Columbus, this ordinance will accept the parcels into the Land Reutilization Program; and
WHEREAS, the properties will be held in the Land Bank Program and managed in accordance with the Land Reutilization Program's policies and procedures; and
WHEREAS, under 5722.07 "fair market value" means the appraised value of the nonproductive land made with reference to such redevelopment and reutilization restrictions as may be imposed by the electing subdivision as a condition of sale or as may be otherwise applicable to such land; and
WHEREAS, the matter herein constitutes an emergency in that it is immediately necessary to place the properties into the Columbus Land Bank in order to facilitate the rehabilitation, redevelopment or demolition of same, all for the immediate preservation of 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 City of Columbus hereby accepts the property described herein as:
010-018964, 010-022018, 010-081956, 010-020921, 010-067264, 010-049862, 010-263043, 010-046157, 010-044535, 010-064976, 010-006397, 010-053795, 010-029522, 010-021992, 010-018541, 010-040386, 010-040384, 010-013914, 010-016816, 010-043211, 010-043212, 010-039180, 010-031849, 010-031850, 010-036321, 010-004231, 010-003161, 010-005981, 010-044238, 010-044236, 010-048951, 010-044235, 010-031482, 010-055487, 010-016710, 010-063498, 010-002239, 010-033367, 010-046926, 010-039387, 010-049803, 010-005340, 010-047738, 010-021419, 010-026084, 010-057064, 010-019436, 010-066976, 010-024069, 010-023403, 010-023402, 010-044237.
Section 2. That Council hereby finds that the selection process utilized in this matter is in accordance with the Land Bank Acceptance Process created pursuant to the City's Land Reutilization Program and hereby approves the same.
Section 3. 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.