Explanation
BACKGROUND: Ordinance 0093-2016, passed January 25, 2016, authorized the Director of the Department of Development to transfer of one parcel of real property held in the Land Bank and located at 1540-1542 Parsons Ave. (010-057272) to 2K General Co., for the sum of $45,000.00 plus a $150.00 processing fee. We need to amend the Buyer’s purchase agreement to include 0000 Parsons Ave. (010-057768).
Emergency action is requested so the transfer of the property can be made without further delay.
FISCAL IMPACT: No funding is required by this legislation.
Title
To amend Ordinance 0093-2016, passed January 25, 2016, to amend the Buyer’s purchase agreement to include 0000 Parsons Ave. (010-057768); and to declare an emergency.
Body
WHEREAS, on January 25, 2016, Columbus City Council passed Ordinance 0093-2016 authorizing the Director of the Department of Development to transfer of one parcel of real property held in the Land Bank and located at 1540-1542 Parsons Ave. to 2K General Co., for the sum of $45,000.00 plus a $150.00 processing fee; and
WHEREAS, it is necessary to amend Ordinance number 0093-2016 to add 0000 Parsons Ave (010-057768) to the Buyer’s purchase agreement; and
WHEREAS, no funding is required for this amendment; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize an amendment to Ordinance 0093-2016 so the transfer of the property can be made without further delay, all for the immediate preservation of the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That Section 1 of Ordinance 0093-2016, passed January 25, 2016, is hereby amended to read as follows:
That the Director of the Department of Development is hereby authorized to execute any and all necessary agreements and deeds to convey title to the following parcel of real estate to 2K General Co:
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