Explanation
Background: This ordinance authorizes the Finance and Management Director to acquire real property, consisting of approximately 1.411 Acres +/- identified as Franklin County Tax Parcel Numbers: 010-003412 - 86 Highland Avenue; 010-031139 - 88 Highland Avenue; 010-031140 - 92 Highland Avenue; 010-035098 - 0 Highland Avenue, 010-046696 - 96 Highland Avenue; 010-066883 - 66 Highland Avenue. This site will serve as parking for the city’s Hilltop Early Learning Center (Center). The Center’s site has a very limited number of parking spaces which are insufficient to meet the daily operating needs of the Center.
This legislation authorizes the Director of Finance and Management to execute those documents necessary to purchase the real property from Oakley Full Gospel Baptist Church, further known as Oakley Baptist Church of Columbus, Franklin County, also known as Oakley Baptist Church and authorizes the appropriation and expenditure of funds in Fund 7748, the General Permanent Improvement Fund in an amount up to One Hundred Sixty-Five Thousand Dollars ($165,000.00) for payment of all costs associated with the acquisition of the real property and closing.
Fiscal Impact: Funding of $165,000.00 is budgeted and available within Fund 7748, the General Permanent Improvement Fund to pay the costs associated with the acquisition and closing.
Emergency Justification: Emergency action is requested to allow for the immediate execution of the purchase agreement by the City so that the acquisition can proceed without delay in agreement with the closing transaction deadlines and other terms of the purchase agreement.
Title
To authorize the Director of Finance and Management to execute those documents necessary to acquire fee simple title and lesser interests to real property identified as Franklin County Tax Parcels 010-003412 - 86 Highland Avenue; 010-031139 - 88 Highland Avenue; 010-031140 - 92 Highland Avenue; 010-035098 - 0 Highland Avenue, 010-046696 - 9...
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