Explanation
BACKGROUND: In January 2005 City Council authorized the redevelopment of the Whittier Peninsula for use as a park and nature center by Franklin County Metro Parks, in cooperation with Audubon Ohio (Ord. # 0074-2005). The redevelopment necessitated relocation of the City's Parking Violations Bureau and the Police Impound Lot to a new site.
In December 2007 City Council authorized the Director of Finance and Management (Ord. # 2045-2007) to execute those documents necessary to purchase as improved, a 53.598 acre unimproved tract of real property (part of a larger tract) and commonly known as 399 Frank Road, Columbus, Ohio 43207, from Columbus Limestone, Inc.; to accept a perpetual easement for access to the site; to waive the competitive bidding provisions of the Columbus City Code; and to expend $3,995,000.00 for costs relevant to acquisition.
After execution of the original Conveyance of Real Estate Agreement (Agreement), final engineering of the project and the plan review process necessitated revisions to the size of the site, the Constructed Improvements scope of work, and the associated costs. In addition, in order to speed the permitting, construction and inspection process, Columbus Limestone, Inc., agreed to pay on the City's behalf, subject to reimbursement at Closing, the City permit, service, and inspection fees associated with the Constructed Improvements that are the City's responsibility under the Conveyance of Real Estate Agreement. The Agreement therefore requires an amendment to reflect the referenced revisions. The City concurs with these revisions and desires to amend the Agreement. As well, the Division of Power and Water requested enhanced water infrastructure along Castle Road in order to better serve adjacent properties.
This ordinance authorizes the Director of Finance and Management to execute an amendment to the Conveyance of Real Estate Agreement, dated January 25, 2008, to correct the legal description to descr...
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