Explanation
BACKGROUND: The City’s Recreation and Parks Department (“CRPD”) is engaged in the Big Run Greenway Project (“Public Project”). As part of that project, CRPD is acquiring approximately 3.48 acres, more or less, of real estate located at 2210 Gantz Road, Columbus, Ohio 43123 {Franklin County Tax Parcel No. 140-005559}, from Fayette Poenisch (“Real Estate”). The Real Estate is located along Big Run Creek and will contribute significant benefits toward the permanent preservation of water quality, floodplain ecology, and park space for the southwest side of the City. CRPD has successfully negotiated a contingency contract for the purchase of the Real Estate. CRPD now requests the City Attorney’s Real Estate Division acquire the Real Estate in good faith and contract for associated professional services (e.g. surveys, title work, appraisals, etc.) as part of the closing so that CRPD can timely complete the acquisition of the Real Estate.
CONTRACT COMPLIANCE: Not applicable.
FISCAL IMPACT: $700,000.00 is budgeted and available from within the Recreation and Parks Voted Bond Fund 7702 to meet the financial obligations of this acquisition.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to acquire the Real Estate and allow the Recreation and Parks Department to complete all contract contingencies to meet the closing deadline of August 30, 2024 and timely complete the Public Project without unnecessary delay, which will preserve the public peace, health, property, safety, and welfare.
Title
To authorize the City Attorney to spend City funds to acquire and accept in good faith certain fee simple title and lesser real estate located at 2210 Gantz Road, Columbus, Ohio 43123, and contract for associated professional services in order for the Recreation and Parks Department to timely complete the acquisition of Real Estate for the Big Run Greenway Project; to authorize and expend up to $700,000.00 from the Recreation and Parks Voted Bond...
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