Explanation
BACKGROUND: Ordinance No. 2212-2004, authorized the Director of the Department of Development to convey a 0.48 acre parcel of real property located at 742 East Long Street to Gideon Development Partners, LLC for $32,000. The legislation authorized the proceeds of the sale of the parcel to be deposited into the Permanent Improvement Fund. The proceeds should have been deposited into the Land Management Fund. This legislation will authorize the amendment to Ordinance No. 2212-2004 so the funds can be deposited into the Land Management Fund.
Emergency action is requested so that the correction can be made immediately and the funds placed in the appropriate account.
FISCAL IMPACT: This legislation will authorize the proceeds of the sale of the parcel to be deposited into the Land Management Fund.
Title
To amend Ordinance No. 2212-2004, passed December 13, 2004, by changing the fund number used to deposit the proceeds of the sale of property located at 742 East Long Street; and to declare an emergency.
Body
WHEREAS, on December 13, 2004, Columbus City Council passed Ordinance No. 2212-2004, authorizing the Development Director to convey a 0.48 acre parcel of real property located at 742 East Long Street to Gideon Partners, LLC; and
WHEREAS, it is necessary to change the fund number used to deposit the proceeds of the sale; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the amendment to Ordinance No. 2212-2004, for the immediate preservation of the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That Section 2 of Ordinance No. 2212-2004, passed December 13, 2004, be and is hereby amended to read as follows:
That the proceeds of the sale of the 0.48 acre parcel shall be deposited in the unallocated balanc...
Click here for full text