Explanation
Background: On May 5, 1980, the Columbus, City council passed Ordinance 1095-80 authorizing the granting of that City owned property located at 14 West Lakeview Avenue to The Clintonville-Beechwold Community Resources Center, Inc. as an approved Community Development Block Grant activity for Program Area 7 (University /Clintonville). The project involved the acquisition and development of a former library into a community center facility to be utilized by the Clintonville-Beechwold Community Resources Center. The agreement between the City and the Community Resource Center was that the deed to the property would contain a "restrictive covenant" and "right to reverter" clause so that if the premises cease to be operated as a community resource center, the City could re-enter the property and take possession and title to the property. Although the Clintonville-Beechwold Community Resources Center, Inc. has expressed to the City its intentions to continue the use of the property as a community center, they have requested that the City release the "restrictive covenant" and "right to reverter" from the deed so that the property may be used as collateral. As it stands now the language in the deed makes it impossible to use the 14 West Lakeview property as collateral to get a loan necessary to pay for the renovation of space at Como Avenue United Methodist Church in order to house the CRC kids Club after school program. The new space is needed due to the centers increased student population. The City has contemplated the possibility that if the Clintonville-Beechwold Community Resources Center is forced to move out of the building and the City recaptures the property, it could potentially sit abandoned and become a nuisance property. Therefore, after investigation by the Department of Development it has been determined to be in the best interest of the City to remove the reverter clause from the deed. The following legislation authorizes the Direc...
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