Explanation
BACKGROUND: Two properties currently held in the Land Bank have been approved for disposition. In order to complete the transfer, authorization is needed for the Director of the Department of Development to execute any and all agreements and deeds for conveyance of such real property. Two single-family structures located at 1005-1007 E. Main St. and 1009-1011 E. Main St. will be sold to Keith Logan to renovate for homeownership. The property will be transferred by deed, which will be recorded in the Official Records of the County Recorder's Office.
FISCAL IMPACT: No funding is required for this legislation. 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: To accommodate the construction schedule of the purchaser.
Title
To authorize the Director of the Department of Development to execute any and all necessary agreements and deeds for conveyance of title of two parcels (1005-1007 E. Main St. and 1009-1011 E. Main St.) of real property 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 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; and
WHEREAS, a proposal for the sale of two parcels which have been acquired by this program meet the Land Reutilization Program's Disposition Policies and Guiding Principles and have been approved; and
WHEREAS, such parcels of real estate are being sold at not less than fair market value in conformity with Ohio Revised Code Section 5722.07, competitive bidding is not required; 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, 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, an emergency exists in the usual daily operation of the Department of Development, Land Redevelopment Office in that it is immediately necessary to convey title of said parcels of real estate to accommodate the construction schedule of the purchaser, all for the immediate preservation of 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 the Department of Development is hereby authorized and directed to execute any and all necessary agreements and deeds to convey title of the following parcels of real estate:
PARCEL NUMBER: 010-033496
ADDRESS: 1005-1007 E. Main Street
PRICE: $11,000.00 plus recording fee of $44.00
USE: Rehabilitate two-family structure at 1005-1007 E. Main Street
The following real property to wit: Situated in the City of Columbus, in the County of Franklin, and in the State of Ohio:
Being Parcel Number Two (2) of an unrecorded subdivision of Lots Numbers Five (5), Six (6), and Seven (7) of Kimball and Miller's Amended Subdivision, as the said Lots are numbered and delineated upon the recorded plat thereof, of record in Plat Book Number 2, Page 231, Recorder's Office, Franklin County, Ohio, and bounded and described as follows: Beginning at a point in the south line of Main Street located Thirty-Eight point Seven Five Feet (38.75') east of the northwest corner of said Lot Number Five (5); thence easterly along the south line of Main Street Thirty-Eight point Seven Five Feet (38.75') to a point; thence southerly and parallel to the west line of Lot Number Five (5). One Hundred Four Feet (104') to a point; thence westerly and parallel to the south line of Main Street Thirty-Eight point Seven Five Feet (38.75') to a point; thence northerly and parallel to the west line of Lot Number Five (5), One Hundred Four Feet (104') to the place of beginning. However, Four Feet (4') off the south end of said premises above described shall constitute the north half of a private alley Eight Feet (8') wide, which alley is to extend east and west between parallel lines through Lots Numbers Five (5), Six (6), and Seven (7) of said subdivision and north and south in the east side of said Lot Number Seven (7) to Main Street, and north and south in the west side of said Lot Number Five (5) to McAllister Avenue and is to be at all times kept open as a private alley for ingress and egress for the use and benefit of the present owners of said Lots Numbers (5), Six (6), and Seven (7), their heirs and assigns forever.
PARCEL NUMBER: 010- 047574
ADDRESS: 1009-1011 E. Main Street
PRICE: $12,800.00 plus recording fee of $44.00
USE: Rehabilitate two-family structure at 1009-1011 E. Main Street
The following described tract is situated in the State of Ohio, County of Franklin, and City
Being Parcel No. 3 of an unrecorded subdivision of Lot Numbers 5, 6, and 7 of KIMBALL AND MILLER'S AMENDED SUBDIVISION, as the said lots are numbered and delineated upon the recorded plat thereof, of record in Plat Book No. 2, page 231, Recorder's Office, Franklin County, Ohio and bounded and described as follows:
Beginning at a point in the South line of Main Street located Seventy-Seven and 50/100 (77.50) feet East of the Northwest corner of said Lot No. 5; thence Easterly along the South line of Main Street, Forty-Four and 40/100 (44.40) feet to a point; thence Southerly and parallel to the East line of said Lot No. 7, one hundred four and 10/100 (104.10) feet to ap point; thence Westerly and parallel to the South line of Main Street, Forty and 35/100 (40.35) feet to a point; thence Northerly and parallel to the West line of said Lot No. 5, One Hundred Four and 00/100 (104.00) feet to the place of beginning.
However, Four (4) feet off of the South end of the premises above described shall constitute the North half of a private alley Eight (8) feet wide, which alley is to extend East and West between parallel lines through Lot Nos. 5, 6, and 7 of said subdivision and North and South along the East line of said Lot No. 7, to Main Street, and North and South along the West line of said Lot No. 5 to McAllister Avenue, and it is at all times to be kept open as a private alley for ingress and egress for the use and benefit of the present owners of said Lot Nos. 5, 6, and 7, their heirs and assigns forever; also excepting from the above described premises a strip of ground Eight (8) feet wide off of the East side thereof and being a private alley Eight (8) feet wide and is to be at all times kept open for ingress and egress for the use and benefit of the present owners of said Lot No.s 5, 6, and 7, their heirs and assigns forever.
Section 2. That for good cause shown, Section 329.29 of the Columbus City Codes, 1959, is hereby waived.
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.