Explanation
Background:
The City of Columbus ("City") is the owner of certain real property that collectively is known as the Franklin Park Conservatory, herein after referred to as the Conservatory. The City leases the property to the Franklin Park Conservatory and Botanical Gardens ("Conservatory"). The Conservatory and the Ohio Cultural Facilities Commission ("OCFC") wish to provide for the construction and operation of a new exhibit on the Conservatory premises known as the Barn ("Exhibit"). The Exhibit is to be located on the leased Conservatory property, which is solely owned by the City. The OCFC will support the Exhibit, provided that the City enters into a Non-Disturbance and Estoppel Agreement by and between the OCFC, Conservatory and the City. The agreement proposes to establish certain rights, safeguards, obligations and priorities with respect to all parties' respective interests. The following legislation authorizes the Director of the Department of Recreation and Parks to execute the Non-Disturbance and Estoppel Agreement, after review and approval by the City Attorney's office, on behalf of the City.
Fiscal Impact: N/A
Principal Parties:
Franklin Park Conservatory
Ohio Cultural Facilities Commission
Emergency Justification: Emergency action is requested to allow for the immediate execution of the Non-Disturbance and Estoppel Agreement, as not to delay the resulting improvement to the City owned, Conservatory Leased property.
Title
To Authorize the Director of the Department of Recreation and Parks to execute an Agreement with the Ohio Cultural Facilities Commission and the Franklin Park Conservatory in order to assist the Franklin Park Conservatory in receiving a State Government grant in support of its new Exhibit; and to declare an emergency.
Body
WHEREAS, the City is the owner of certain real property that collectively is known as the Conservatory; and
WHEREAS, the City leases the property to the Franklin Park Conserva...
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