Explanation
BACKGROUND: In order to allow Community Development for All People to pursue housing development on land adjacent to the former Shottenstein Departments Store site on Parsons Avenue, it is necessary to accept a portion of the site into the City Land Bank and to authorize the Director of Development to enter into an option agreement. The option agreement will allow Community Development for All People, a non-profit community development organization, the opportunity to seek funding for a cooperative housing project. The parcels know as Lot 81, Barthman Avenue (010-038969); Lot 80, Barthman Avenue (010-006808); Lot 79, Barthman Avenue (010-026703); Lot 78, Barthman Avenue (010-026702); Lot 77, Barthman Avenue (010-011538); Lot 57, Reeb Avenue (010-025654); Lot 56, Reeb Avenue (010-034861); 363 Reeb Avenue (010-066838); 345 Reeb Avenue (010-017962); and 1886-1888 S. Washington Avenue (010-017613) will be held in the City's Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program. The transfer will be contingent upon Community Development for All People obtaining appropriate financing, zoning, environmental review, and subsequent City Council approval of the transfer.
FISCAL IMPACT: No funding is required for this legislation. The maintenance of these parcels will be provided by universal contracts and/or bidding process.
Title
To authorize the acceptance of 10 parcels of land to be held in the Land Bank inventory and managed in accordance with the policies and procedures of the Land Reutilization Program; and to authorize the Director of the Department of Development to enter into an option agreement with Community Development for All People for the sale of said property.
Body
WHEREAS, the acceptance of 10 parcels which have been acquired pursuant to Section 5722.06 for this program meets the Land Reutilization Program's Disposition Policies and Guiding Principles and has been ap...
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