...EXPLANATION
BACKGROUND:
The Columbus Recreation and Parks Department (“CRPD”) on behalf of the City of Columbus, Ohio, an Ohio municipal corporation (“City”), desires to enter into a lease agreement with Saint Stephen Community Services, Inc., an Ohio nonprofit corporation, d.b.a. St. Stephen’s Community House (“SSCS”), whose principle place of business is 1500 East 17th Avenue, Columbus, Ohio 43219. CRPD desires to lease to SSCS a portion of the City’s real property located at 1701 Joyce Avenue, Columbus, Ohio 43219 [Franklin County Tax Parcel 010-018473], which is commonly known as the City’s Maloney Park (“Premises”) to nonexclusively use, operate, maintain, and manage a public aquaponics agricultural program. SSCS will lease the Premises for an initial term of twenty (20) years commencing on January 1, 2014, and terminating on December 31, 2033, unless otherwise terminating sooner as described under the lease agreement. Additionally, this lease agreement will automatically renew for an additional twenty (20) year term commencing on January 1, 2034, and terminating fully on December 31, 2053, unless otherwise terminating sooner as described under the lease agreement. CRPD reviewed and determined that it is in the City’s best interest to enter into this lease agreement and SSCS is required to pay nominal rent in annual amount of One and 00/100 U.S. Dollars ($1.00), because SSCS use, operation, maintenance, and management of the public aquaponics agricultural program at the Premises is a benefit to the City, public, and local community. Therefore, this ordinance authorizes the Director of the Recreation and Parks Department to enter into a lease agreement approved by the Columbus City Attorney, Real Estate Division, with SSCS relating to SSCS’ nonexclusive use, operation, maintenance, and management of a public aquaponics agricultural program upon a portion of the Premises.
FISCAL IMPACT: The City’s receipt of the annual rent payments from Saint Steph...
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