Explanation
Background: The city of Columbus, Department of Recreation and Parks, desires to quitclaim a tract of city-owned real property, approximately 0.104 acres, located in the vicinity of West Second Avenue and Harrison Park Place, and a storm water easement unto Royal Tallow Holdings, Ltd., an Ohio limited liability company, for the purpose of facilitating the development of City's Harrison Park. In exchange, Royal Tallow Holdings, Ltd. will grant, by general warranty deed, two more desirable tracts of real property, approximately .097 and .0002 acres respectively, to the City of Columbus, which are adjacent to and/or near Harrison Park. This transaction provides greater visibility for the park along Harrison Park Place development project and increases passive supervision to help deter vandalism and other illegal activity. The Recreation and Parks Department has determined that the exchange of subject properties will not adversely affect the City and should be granted. The exchange will equally benefit both the City and Royal Tallow Holdings, Ltd., therefore no money will be involved. This legislation authorizes the Director of the Recreation and Parks Department to execute those documents necessary to the exchange desired real properties.
Fiscal Impact: N/A
Emergency Justification: Exchanging the property interests as stated herein will allow for the timely construction of the City's Harrison Park, and for the preservation of the public health, peace, property, safety, and welfare.
Title
To authorize the Director of the Department of Recreation and Parks to execute those documents necessary to convey 0.104 acres of city-owned real property, located in the vicinity of West Second Avenue and Harrison Park Place, and a storm water easement unto Royal Tallow Holdings, Ltd. for the purpose of facilitating the city's Harrison Park in exchange for a deed of similar (equitable) acreage to be granted to the City of Columbus; to waive the Land...
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