Explanation
Background: The City of Columbus, Recreation and Parks Department ("City") desires to purchase certain real properties located in the vicinity of Olentangy Street and Indianola Avenue to be used as City parkland. Walker Family Limited Partnership, (hereinafter called "OWNER"), an Ohio limited partnership, desires to sell the properties to the City. This purchase is in connection with the Glen Echo Ravine project. After investigation, the Department of Recreation and Parks has determined that the purchase of the desired real properties 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 contract by and between the City and Walker Family Limited Partnership for the purchase of the real properties, and to expend $75,000.00 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 Greenways Project 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 appropriate and transfer $25,000.00 within the Recreation and Parks Permanent Improvement Fund 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 Walker Family Limited Partnership, an Ohio limited partnership, for the purchase of certain real property located in the vicinity of Olentangy Street and Indianola Avenue, for parkland use in connection with the Glen Echo Ravine Project; to expend $75,000.00 from the Greenways Project Voted 1999/2004 Bond Fund, and to declare an emergency. ($75,000.00).
Body
WHEREAS, the City of Columbus, Recreation and Parks Department desires to purchase certain real properties located in the vicinity of Olentangy Street and Indianola Avenue; and
WHEREAS, Walker Family Limited Partnership, an Ohio limited partnership, owner, desires to sell the property to the city; and
WHEREAS, the purchase of the property is in connection with the proposed Glen Echo Ravine Project and is to be used as City parkland; 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 $75,000.00 from the Greenways Project Voted 1999/2004 Bond Fund for the purchase of the subject real property 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 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 to enter into a purchase contract with Walker Family Limited Partnership, an Ohio limited partnership, for the purchase of the following described real property:
Franklin County tax parcel numbers:
010-41757, 49995, 49996, 83820, 010-11195, 20116, 33712, & 33713.
Section 2. That the expenditure of $75,000.00, or so much thereof as may be necessary for the Glen Echo Ravine Project, Project 510316 Div/Dept. 51-01, from the Greenways Project Voted 1999/2004 Bond Fund, # 702 Fund, OCA Code 644526, Object Level three 6601, for the purchase of said real property is hereby authorized.
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.