Explanation
BACKGROUND:
From time to time the City's Land Bank acquires, holds and maintains property for other city projects. The parcel known as 1320 East Livingston Avenue was acquired for the Rickenbacker Museum Project and will be held and maintained in the Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program. The transfer of this property will be done by virtue of deeds, which will be recorded in the Official Records of the County Recorder's Office.
FISCAL IMPACT:
The maintenance of this parcel will be provided by the Environmental Blight Abatement unit. No funding is required for this legislation.
Title
To authorize the acceptance of a deed for one parcel of land (1320 East Livingston Avenue) to be held in the Land Bank.
Body
WHEREAS, Danny L. Smith is owner of said real estate known as 1320 East Livingston Avenue; and
WHEREAS, by virtue of a said deed to the City of Columbus will be recorded in the Franklin County, Ohio, Recorder's Office; and
WHEREAS, the City desires to accept the deed for said property which will be held in the Land Bank Program and managed in accordance with the Land Reutilization Program's policies and procedures; 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:
PARCEL: 010-046778
ADDRESS: 1320 East Livingston Avenue
USE: Rickenbacker Museum
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.