Explanation
Background: In September 1981, the City entered into a certain Sale/Lease Agreement with the County Commissioners of Franklin County, Ohio ("County") and as amended September 24, 1985, Addendum to Sale/Lease Agreement as approved by Council Ordinance Nos. 2002-81 and 2573-83 respectively, for the purchase of the City's buildings and personal property known as the Men's Workhouse located at 2460 Jackson Pike and the Women's Correctional Institute located at 2655 Jackson Pike and for the lease of the land under these buildings, for use by Franklin County as correctional facilities. The Sale/Lease Agreement did not provide a specific provision to allow for the sublease of the property. As the City and County wished to modify sale/lease terms, to allow for a sublease of the property and to clarify other terms in the Sale/Lease Agreement, the parties have agreed to enter into a second modification of the agreement.
Fiscal Impact: There is no cost to the City for this amendment.
Title
To authorize the Director of the Department of Finance and Management to execute a second amendment to the Sale/Lease Agreement with the County Commissioners of Franklin County for the property located 2460 and 2655 Jackson Pike; and to declare an emergency.
Body
WHEREAS, the City desires to enter into a second amendment to a certain sale/lease agreement with the County Commissioners of Franklin County, Ohio to allow for the sublease of that certain real property located at 2460 and 2655 Jackson Pike, Columbus Ohio; and
WHEREAS, the second amendment to the sale/lease agreement will contain a provision to allow the County to sublease the property with the City's consent as defined in the second amendment and to clarify that the City retains certain mining and mineral rights to the real property;
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 ...
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