Explanation
BACKGROUND: Four parcels currently held in the Land Bank have been approved for disposition. In order to complete the transfer, authorization is needed for the Director of the Department of Development to execute any and all agreements and deeds for conveyance of the real property. This legislation authorizes transfer of the following four parcels to Pina Triplett and M. Scott Downs, who will maintain the vacant parcels as a side yard expansion under the Mow to Own Program.
· 257-59 North Monroe Avenue, Columbus, Ohio 43203, Parcel Number 010-032153
· 265 North Monroe Avenue, Columbus, Ohio 43203, Parcel Number 010-022182
· 267 North Monroe Avenue, Columbus, Ohio 43203, Parcel Number 010-022495
· 272-76 Talmadge Street, Columbus, Ohio 43203, Parcel Number 010-022264
The buyer had licensed the parcels under the Land Bank’s Community Garden Program and is renovating an adjacent house, which will be completed prior to transfer. The parcels will be transferred by deed recorded in the Official Records of the Franklin County Recorder’s Office.
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 from the sale proceeds.
EMERGENCY JUSTIFICATION: Emergency action is requested to expedite the transfer in order to reduce Land Bank maintenance costs.
Title
To authorize the Director of the Department of Development to execute any and all necessary agreements and deeds for conveyance of title of four parcels of real property (257-59 N. Monroe Ave., 265 N. Monroe Ave., 267 N. Monroe Ave., 272-76 Talmadge St.) held in the Land Bank pursuant to the Land Reutilization Program; and to declare an emergency.
Body
WHEREAS, by Ordinance 1325-98, Council adopted and elected to use the Revised Code Chap...
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