Explanation
BACKGROUND: Council adopted Revised Code Chapter 5722 Land Reutilization Program by Ordinance 2161-93 to facilitate effective reutilization of nonproductive land within the City's boundaries to foster either the return of such land to tax revenue generating status or retention for public use. This legislation authorizes the acceptance of a parcel of property located at 1096 McAllister Avenue from the Columbus Compact Corporation to be held in the City's Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program until it is sold. This transfer of property will be done by virtue of deed, which will be recorded in the Official Records of the County Recorder's Office.
FISCAL IMPACT: No funding is required for this legislation. The Environmental Blight Abatement Unit will provide maintenance of
this parcel.
Title
To authorize the acceptance of a deed for a parcel of land to be included in the Land Bank inventory (1096 McAllister Avenue).
Body
WHEREAS, Columbus Compact Corporation is the owner of the said real estate; and
WHEREAS, by virtue of said deed to the City of Columbus, this deed 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 Lank Bank Program and managed in accordance with the Land Reutilization
Program's policies and procedures until such time that a redevelopment plan has been
Provided; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City of Columbus hereby accepts the property described herein as:
OWNER: Columbus Compact Corporation
PARCEL NUMBER: 010-045698
ADDRESS: 1096 McAllister Avenue
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.