...Explanation
BACKGROUND:
The City previously conveyed to Michael A. Oram, an Ohio resident, real property located at 1018 Neil Avenue, Columbus, Ohio 43201 {Franklin County Tax Parcel(s) 010-047976} (“Property”) described and recorded in Deed Volume 3543, Page 706, Recorder’s Office, Franklin County, Ohio (“Deed”). Ordinance Number 1576-75 authorized the City to execute the Deed transferring the Property to Mr. Oram. The Property was part of the Dennison Avenue Urban Renewal Plan pursuant to Ordinance Number 1580-69 and recorded in Miscellaneous Record Volume 141, Pages 185-194, and Miscellaneous Record Volume 150, Pages 644-656, Court House, Franklin County, Ohio (“Plan”). The Plan required the City to transfer the Property subject to a number of land restrictions, servitudes, and reversionary interests as described in the Deed. Mr. Oram is requesting all of the City’s land restrictions, servitudes, and reversionary interests in the Deed released in order to clean the Property’s title. The Department of Finance and Management reviewed Mr. Oram’s request and determined releasing all of the land restrictions, servitudes, and reversionary interests in the Deed is appropriate, because Mr. Oram has appropriately managed the Property since its acquisition on September 15, 1975, pursuant to the Plan.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
The Department of Finance and Management requests emergency designation to allow for the timely release of the land restrictions, servitudes, and reversionary interests in the Deed in order to clean the Property’s title, which will preserve the public peace, property, health, safety, and welfare.
...Title
To authorize the director of the Department of Finance and Management to execute any documents, as approved by the City Attorney, necessary to release and terminate the City’s land restrictions, servitudes, and reversionary interests reserved in a deed described and recorded in Deed Volume 3543, Page 706, Recorder’s Office, Franklin County, Ohio, burdening real property located at 1018 Neil Avenue, Columbus, Ohio 43201; and to declare an emergency. ($0.00)
...Body
WHEREAS, the City intends to release and terminate its land restrictions, servitudes, and reversionary interests reserved in a deed described and recorded in Deed Volume 3543, Page 706, Recorder’s Office, Franklin County, Ohio (i.e. Deed), burdening real property located at 1018 Neil Avenue, Columbus, Ohio 43201 {Franklin County Tax Parcel(s) 010-047976} (i.e. Property), because the property owner, Michael A. Oram, an Ohio resident, has appropriately managed the Property since its acquisition on September 15, 1975, pursuant to the Property’s applicable urban renewal plan (i.e. Plan);
WHEREAS, the City intends for the City Attorney to approve of all document(s) executed by City personnel or affecting City interests pursuant to this ordinance;
WHEREAS, an emergency exists in the Department of Finance and Management’s usual daily operations in that it is immediately necessary to release and terminate all of the City’s land restrictions, servitudes, and reversionary interests reserved in the Deed in order to clean the Property’s title, which will preserve the public peace, property, health, safety, and welfare; and now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS, OHIO:
SECTION 1. The director of the Department of Finance and Management is authorized to execute any documents necessary to forever release and terminate all of the City’s land restrictions, servitudes, and reversionary interests reserved in a deed described and recorded in Deed Volume 3543, Page 706, Recorder’s Office, Franklin County, Ohio (i.e. Deed), burdening real property located at 1018 Neil Avenue, Columbus, Ohio 43201 {Franklin County Tax Parcel(s) 010-047976} (i.e. Property).
SECTION 2. The City Attorney is required to approve all documents executed by City personnel or affecting City interests pursuant to this ordinance.
SECTION 3. This ordinance, for the reasons stated in the preamble of this ordinance, which are fully incorporated for reference as if rewritten, is declared to be an emergency measure and is required take effect and be in force from and after its passage and approval by the Mayor or ten (10) days after its passage if the Mayor neither approves nor vetoes this ordinance.