header-left
File #: 1083-2006    Version: 1
Type: Ordinance Status: Passed
File created: 6/6/2006 In control: Development Committee
On agenda: 6/19/2006 Final action: 6/23/2006
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 known as 1032 E. Main Street currently held in the Land Bank pursuant to the Land Reutilization Program; to authorize the acceptance of a deed for one parcel of land known as lot 82 of East Park Place Subdivision located on North Garfield Avenue; and to declare an emergency.
Explanation

BACKGROUND: This ordinance authorizes the disposition of one property located at 1032 East Main Street currently held in the Land Bank and the acceptance of one parcel of real property into the Land Bank known as lot 82 of East Park Place Subdivision located on N. Garfield Avenue. The 1032 East Main Street parcel will be deeded to Mr. David Fisher in exchange for his vacant lot on North Garfield Avenue. This vacant lot is currently owned by Mr. Fisher and will be transferred to the Land Bank for future development in the King Lincoln District. The 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 maintenance of the property on North Garfield Avenue will be provided by the Environmental Blight Abatement unit.

EMERGENCYJUSTIFICATION: Emergency action is requested in order to facilitate the development in the King Lincoln District.



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 known as 1032 E. Main Street currently held in the Land Bank pursuant to the Land Reutilization Program; to authorize the acceptance of a deed for one parcel of land known as lot 82 of East Park Place Subdivision located on North Garfield Avenue; 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 status or its devotion to publ...

Click here for full text