Explanation
Background: The Department of Recreation and Parks desires to acquire (3) three parcels of land totaling approximately 17.4 acres, located on the northwest side of Columbus, from various owners for park purposes. The amount of funding needed for the acquisitions is estimated to total $1,525,000.00, which includes $20,052.00 for incidental expenses related and necessary to the acquisition of the properties. The following legislation authorizes the Executive Director of the Recreation and Parks Department to execute those documents, as approved by the Department of Law, Real Estate Division for the purchase of the properties, and to expend $1,525,000.00.
Fiscal Impact: The Department of Recreation and Parks, has determined that the funding for this project will be from the Voted 1999/2004 Recreation and Parks Bond Fund.
Emergency Justification: Emergency action is requested to allow this acquisition to proceed in agreement with the closing transaction deadlines and other terms of the purchase contracts, which includes that all required legislation to be approved by council prior to the end of 2006.
Title
To authorize the Executive Director of Recreation and Parks to enter into various purchase contracts for the acquisition of approximately 17.4 +/- acres of parkland in northwest Columbus, and to expend $1,525,000.00 from the Voted 1999/2004 Recreation and Parks Bond Fund, and to declare an emergency. ($1,525,000.00).
Body
WHEREAS, the Department of Recreation and Parks, as part of its Park Land Acquisition Project, desires to acquire (3) three parcels of land from various owners, located on the northwest side of Columbus; and
WHEREAS, the Department of Recreation and Parks has negotiated the acquisition of the following properties: Nielsen Family Trust (7.68 +/- acres); GLS Development (6 acres +/-); Dublin Universal Unitarian Church (3.69 +/- acres), approximating a total of 17.4 acres +/- to be used for future ...
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