Explanation
BACKGROUND: In order to have an effective Land Reutilization Program, it is necessary to acquire other vacant and underutilized properties. 12 properties are approved for donation to the Columbus Land Bank, these parcels known as: 2212 Groveport Rd. (010-113292), 0 Groveport Rd (010-113429), 2247 Groveport Rd. (010-113124), 0 Cochrane St (010-112668), 0 Cochrane St (010-112669), 0 Cochrane St (010-112670), 0 Reinhard Ave. (010-033632), 1277 E. Mound Street (010-026008), 913 Dupont (010-015237), 4085-87 Larry Place (010-140277), 1281 E. Mound St. (010-033631), and 151 Lechner (010-002529) all being undeveloped lots or vacant residential structures, donated to the Columbus Land Bank and managed in accordance with the policies and procedures of the Land Reutilization Program. These properties will be transferred by deed, which will be recorded in the Official Records of the County Recorder's Office.
FISCAL IMPACT: No funding is required for this legislation. The maintenance of these parcels will be provided by current maintenance contracts.
Title
To authorize the acceptance of 12 deeds for undeveloped lots and vacant residential structures to be held in the Columbus Land Bank inventory.
Body
WHEREAS, Buckeye International Development, Inc., Worthington-Buckeye, Inc.,., Community Development For All People, Deutsche Bank National Trust Company, Recasa Financial Group, LLC, Secrest Properties, LLC, Hope Matthews, Patricia L. Boyer and Judy L. Fitzpatrick, owners of the said real estate have agreed to donate property to the City's Land Bank; and
WHEREAS, the acceptance of twelve parcels which are being acquired pursuant to Section 5722.06 for this program; and
WHEREAS, by virtue of said deeds to the City of Columbus Land Bank these deeds will be recorded in the Franklin County, Ohio Recorder's Office; and
WHEREAS, the City desires to accept the deeds for said properties which will be held in the Land Bank Program ...
Click here for full text