Explanation
BACKGROUND: In order to have an effective Land Reutilization Program it is necessary from time to time to acquire other vacant and underutilized properties. These properties will be held in the City's Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program. These parcels are being acquired by deed and will be recorded in the Official Records of the County Recorder's Office. Council adopted a Land Reutilization Program (ORC5722) by Ordinance 2161-93 to facilitate effective reutilization of nonproductive land and buildings within the City's boundaries and to foster either the return of such land to tax revenue generating status or retention for public use.
FISCAL IMPACT: The maintenance of these parcels will be provided by the Environmental Blight Abatement unit.
Title
To authorize the acceptance of deeds for two parcels of real estate to be held in the City's Land Bank for redevelopment; and to declare an emergency.
Body
WHEREAS, the owners of the said real estate have agreed to donate their property to the City's Land Bank; and
WHEREAS, by virtue of a deed to the City of Columbus will be recorded in the Franklin County, Ohio, Recorder's Office; and
WHEREAS, the City desires to accept these deeds for said properties which will be held in the City's Land Bank and managed in accordance with the Land Reutilization Program's policies and procedures until sold for redevelopment; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Office of Land Management, in that it is immediately necessary to accept said parcels of real estate into the City's Land Bank thereby preserving the public health, peace, property, safety, and welfare; and NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City of Columbus hereby accepts the parcels of real property descr...
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