EXPLANATION
BACKGROUND: The City of Columbus, Ohio, an Ohio municipal corporation (“City”), periodically is required to formally accept various types of real property interests that were donated or conveyed to the City (collectively, “Real Estate Interests” and whose instruments of conveyance are attached to this legislation and fully incorporated for reference). The City is using the Real Estate Interests for various public purposes, including but not limited to public utilities, right-of-way, conservation, access, sidewalks, walkways, bikeways, shared-use paths, and development. 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 acquisition of the Real Estate Interests. Therefore, this ordinance (i) is the City’s formal acceptance of the Real Property Interests; and (ii) authorizes the Directors of the departments of Recreation and Parks, Development, Public Utilities, Public Service, and Finance and Management, as the case may be and as approved by the Columbus City Attorney, Real Estate Division, to enter into appropriate tax agreements with the grantors of the Real Estate Interests.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
TITLE
To authorize: (i) 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, right-of-way, conservation, access, sidewalks, walkways, bikeways, shared-use paths, and development; and (ii) the Directors of the departments of Recreation and Parks, Development, Public Utilities, Public Service, and Finance and Management, where appropriate and as approved by the Columbus City Attorney, Real Estate Division, to enter ...
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