Explanation
BACKGROUND: |
In order to have an effective Land Reutilization Program it is necessary from time to time to acquire other vacant and underutilized properties. 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. This parcel is being acquired by deed and will be recorded in the Official Records of the County Recorder's Office. Council adopted a Land Reutilization Program (ORC5722) by Ordinance 2161-93 to facilitate effective reutilization of nonproductive land and buildings within the City's boundaries and to foster either the return of such land to tax revenue generating status or retention for public use. |
FISCAL IMPACT: |
No funding is required for this legislation. The maintenance of this parcel will be provided by the Environmental Blight Abatement unit. |
Title
To authorize the acceptance of a deed for one parcel of real estate to be held in the City's Land Bank for redevelopment (235-237 N. 20th Street).
Body
WHEREAS, the owner of the said real estate have agreed to donate their property to the City's Land Bank; and
WHEREAS, by virtue of a deed to the City of Columbus will be recorded in the Franklin County, Ohio, Recorder's Office; and
WHEREAS, the City desires to accept this deed for said property which will be held in the City's Land Bank and managed in accordance with the Land Reutilization Program's policies and procedures until sold for redevelopment; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City of Columbus hereby accepts the parcel of real property described herein as:
OWNER: Carl Waugh
PARCEL NUMBER: 010-009764
ADDRESS: 235-237 N. 20TH Street
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.