Explanation
Background: The City of Columbus (hereinafter "City") desires to purchase certain real property, located in the general vicinity of West Broad Street and North Souder Avenue, from US Roofing Real Estate Holdings, L.L.C., an Ohio Limited Liability Company, (hereinafter "Owner"). The Department of Public Safety proposes to use the property for the City's existing Traffic Control Unit, which presently leases downtown office space. It as been determined that the property, commonly known as 892 Scott Street, has adequate office and warehouse space to accommodate the 20 member Police Motorcycle Squad and gives the unit easy access to I-670, Route 33 and Route 315. This legislation authorizes the Director of the Department of Public Safety to execute those documents necessary to purchase the property and to expend $440,000.00 for cost relevant to its acquisition.
Fiscal Impact: The Department of Public Safety has determined that the expenditure for this purchase will come from the Public Safety Bond Fund.
Emergency Justification: Emergency action is requested to allow the purchase of the subject real property without delay in order to comply with the terms of the purchase agreement.
Title
To authorize the Director of the Department of Public Safety to execute those documents necessary to purchase certain real property owned by US Roofing Real Estate Holdings, L.L.C., an Ohio Limited Liability Company, located in the vicinity of West Broad Street and North Souder Avenue, to expend $440,000.00 from the Public Safety Bond Fund and to declare an emergency. ($440,000.00).
Body
WHEREAS, the City of Columbus (hereinafter "City") desires to purchase certain real property, located in the general vicinity of West Broad Street and North Souder Avenue, from US Roofing Real Estate Holdings, L.L.C., an Ohio Limited Liability Company; and
WHEREAS, the City proposes that the aforementioned real property be used for the City's existing Traffic...
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