EXPLANATION
BACKGROUND: From time to time the City of Columbus, Ohio, an Ohio municipal corporation (“City”), is required to formally accept various types of real property interests, which are described in the body of this ordinance (collectively, “Real Estate Interests”), that were donated or conveyed to the City. The City is using the Real Estate Interests for various public purposes, including but not limited to public utilities, access, sidewalks, walkways, and bikeways. The Real Estate Interests were each recorded in an appropriate County Recorder’s Office in the state of Ohio. At times it may be necessary for the City to enter into tax agreements with the grantors of the Real Estate Interests in order to address real estate tax implications associated with the City’s acceptance of the Real Estate Interests. Therefore, this ordinance is the City’s formal acceptance of the Real Property Interests; and authorizes the City’s Directors of the Recreation and Parks Department, Department of Development, Department of Public Utilities, Department of Public Service, and Finance and Management Department, as the case may be and as approved by the Columbus City Attorney, Real Estate Division, to enter into tax agreements when necessary with the grantors of the Real Property Interests.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
TITLE
To authorize the City to formally accept certain real property interests donated or conveyed to the City that are being used for various public purposes, including but not limited to public utilities, access, sidewalks, walkways, and bikeways. ($0.00)
BODY
WHEREAS, from time to time the City is required to formally accept various types of real property interests, which are described in the body of this ordinance (collectively, “Real Estate Interests”), that were donated or conveyed to the City;
WHEREAS, the City is using the Real Estate Interests for various public purposes, including but not...
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