Explanation
Background: The City’s Recreation and Parks Department (CRPD) manages real property located at 276 South Nelson Road, Columbus, Ohio 43205 {Franklin County Tax Parcel 010-008432} and commonly known as Academy Park. The City of Bexley, Ohio, an Ohio municipal corporation acting through its Recreation and Parks Department (“Bexley”), Bexley City Schools, an Ohio school district and political subdivision organized pursuant to Ohio Revised Code, Chapter 3311 (“BCS”), and Capital University, an Ohio nonprofit corporation (“Capital”), desire to lease certain portions of Academy Park commonly known as Clowson Field (“Premises”) to operate public academic and competitive athletic programs (“Program”).
Bexley, BCS, and Capital request to lease the Premises for twenty (20) years. CRPD reviewed Bexley, BCS, and Capital’s request and supports leasing the Premises in consideration of (i) a nominal payment of Thirty and 00/100 U.S. Dollars ($30.00), (ii) operating the Program, and (iii) making certain improvements to Premises pursuant to CRPD’s written authorization.
Contract Compliance: Not applicable.
Fiscal Impact: Compensation from Bexley, BCS, and Capital will be deposited in Columbus Recreation and Parks Department Permanent Improvement Fund, Fund Number 747, OCA Number 747999.
Title
To authorize and direct the Director of the Columbus Recreation and Parks Department to execute and acknowledge any necessary document(s), as approved by the Columbus City Attorney, in order to lease certain portions of Academy Park to the City of Bexley, Bexley City Schools, and Capital University to enter into lease agreements with certain nonprofit boating organizations to operate public academic and competitive athletic programs. ($0.00)
Body
WHEREAS, the City intends to lease the Premises to Bexley, BCS, and Capital for a duration of twenty (20) years; and
WHEREAS, the City intends to lease the Premises to Bexley, BCS, and Capital in consideration of (i) a ...
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