Explanation
BACKGROUND: This ordinance authorizes the disposition of one property, 2800 Bulen Avenue (010-113716), currently held in the Land Bank and the acceptance of one parcel into the Land Bank, 882 Ellsworth Avenue (010-054903). The parcel identified as 2800 Bulen Avenue will be traded to Greater Columbus Habitat for Humanity in exchange for the vacant lot located at 882 Ellsworth Avenue. Greater Columbus Habitat currently owns this vacant lot and it will be transferred to the Land Bank for an identified project. This property will be held in the City's Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program.
FISCAL IMPACT: No funding is required for this legislation. The City may first recover reimbursement of any and all expenses incurred on account of the acquisition, administration, management, maintenance, and disposition of such land and such other expenses of the program as the City may apportion to such land.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to expedite the redevelopment efforts.
Title
To authorize the Director of the Department of Development to execute any and all necessary agreements and deeds for conveyance of title of one parcel of real property (2800 Bulen Avenue) held in the Land Bank pursuant to the Land Reutilization Program; to authorize the acceptance of a deed for one parcel of land (882 Ellsworth Avenue) into the Land Bank; and to declare an emergency.
Body
WHEREAS, by Ordinance 2161-93 Council adopted and elected to use the Revised Code Chapter 5722, Land Reutilization Program, to facilitate effective reutilization of nonproductive land acquired through a sale pursuant to a foreclosure proceeding initiated by the Franklin County Treasurer, or through a sale of forfeited lands by the Franklin County Auditor or through a conveyance in lieu of foreclosure to foster either return of such land to tax revenue generating statu...
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