Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to accept the donation of one parcel located at 2243 Marcia Drive (010-109102) into the City's Land Bank and to transfer the parcel to Elenora Moore. Elenora Moore is a community stakeholder, who will rehabilitate the existing single family structure and maintain it as a rental property. The parcel will be transferred by deed recorded in the Official Records of the Franklin County Recorder's Office.
EMERGENCY JUSTIFICATION: Emergency action is requested to expedite the transfer to reduce further deterioration of the structure and to immediately commence rehabilitation.
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.
Title
To authorize the Director of the Department of Development to accept a deed for one parcel of real property (2243 Marcia Drive) and to execute any and all necessary agreements and deeds for conveyance of the same, held in the Land Bank pursuant to the Land Reutilization Program; and to declare an emergency.
Body
WHEREAS, the owner of the real estate has agreed to donate this property to the City's Land Bank; and
WHEREAS, the parcel will be acquired pursuant to Ohio Revised Code Section 5722.06 and in accordance with the Land Reutilization Program's policies, procedures, and guiding principles and the acquisition has been approved by the Land Redevelopment Office Administrator; and
WHEREAS, the property will be transferred to the City by deed recorded in the Franklin County, Ohio Recorder's Office; and
WHEREAS, the City desires to accept the property described below; and
WHEREAS, a proposal for the sale of the property which will be acquir...
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