EXPLANATION
BACKGROUND:
The City is required to pass an ordinance authorizing the City’s acquisition and acceptance of any real property interests acquired by the City. As a result, it is periodically necessary for the City to formally accept various types of real property interests previously acquired, donated, or conveyed to the City (collectively, the “Real Estate Interests,” which are described in the body of this legislation), because the Real Estate Interests were not the subject of any previous City ordinances authorizing the City to acquire and accept the Real Estate Interests.
The City is using the Real Estate Interests for various public purposes, including but not limited to public sewer, water, electric, and other general utilities, pedestrian and vehicular traffic control, parkland, conservation, access, sidewalks, walkways, bikeways, shared-use paths, and associated appurtenances. The Real Estate Interests were each recorded in an appropriate county recorder’s office in the state of Ohio. Additionally, it may be necessary for the City to enter into tax agreements with the grantors of the Real Estate Interests in order to address any real estate tax implications associated with the City’s acquisition and acceptance of the Real Estate Interests. Therefore, this ordinance (i) is the City’s formal acceptance of the Real Estate Interests; and (ii) authorizes the City’s directors of the departments of Recreation and Parks, Development, Public Utilities, Public Service, and Finance and Management to enter into associated tax agreements, as the case may be and as approved by the Columbus City Attorney, with the grantors of the Real Estate Interests.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
TITLE
To authorize the City to formally accept certain real property interests acquired, donated, or conveyed to the City that are being used for various public purposes, including but not limited to public sewer, water, ele...
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