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File #: 1309-2004    Version: 1
Type: Ordinance Status: Passed
File created: 6/29/2004 In control: Recreation & Parks Committee
On agenda: 7/19/2004 Final action: 7/21/2004
Title: To authorize the Director of the Recreation and Parks Department and the Real Estate Division to execute those documents necessary to purchase 5.534 acres known as 8008 Flint Road, to pay all costs associated with the purchase of said land, to authorize the expenditure of $586,070.00 from the Voted 1995 and 1999 Parks and Recreation Bond Fund, and to declare an emergency. ($586,070.00)
Explanation

Background:
This ordinance will authorize the Director of the Recreation and Parks Department and the Real Estate Division to enter into a land purchase agreement with the Worthington City School District to purchase 5.534 acres situated in the City of Columbus, Franklin County, Ohio, with an address of 8008 Flint Road, Tax Parcel No. 610-216-460.

The total amount of the expenditure, $586,070.00, includes the purchase price of the property, closing costs, title insurance, environmental assessments, and survey costs.

Emergency legislation is being requested as purchase has been delayed awaiting the City Bond Sale and acquisition is scheduled immediately following appropriation of funding.

Fiscal Impact:
$586,070.00 is required and budgeted in the Voted 1995 and 1999 Parks and Recreation Bond Fund.

Title

To authorize the Director of the Recreation and Parks Department and the Real Estate Division to execute those documents necessary to purchase 5.534 acres known as 8008 Flint Road, to pay all costs associated with the purchase of said land, to authorize the expenditure of $586,070.00 from the Voted 1995 and 1999 Parks and Recreation Bond Fund, and to declare an emergency. ($586,070.00)

Body

WHEREAS, the City of Columbus desires to purchase the property at 8008 Flint Road; and

WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to purchase said property as purchase has been delayed awaiting City Bond Sale and acquisition is scheduled immediately following appropriation of funding; now, therefore:

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1. That the Director of the Recreation and Parks Department and the Real Estate Division be and are hereby authorized and directed to enter into a contract to purchase property at 8008 Flint Road.

Section 2. That the expenditure of $586,070.00, or so much thereof as ma...

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