Explanation
BACKGROUND: Ordinance 3051-2015, passed December 15, 2015, authorized the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 1477 Arlington Ave. (010-059150) to Nikola Jovic, for the sum of $6,800.00 plus a $150.00 processing fee. We need to amend the Buyer’s purchase price from $6,800 to $3,400.
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 3051-2015, passed December 15, 2015 to reduce the Buyer’s purchase price to $3,400.00; and to declare an emergency.
Body
WHEREAS, on December 15, 2015, Columbus City Council passed Ordinance 3051-2015 authorizing the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 1477 Arlington Ave. (010-059150) to Nikola Jovic, for the sum of $6,800.00 plus a $150.00 processing fee; and
WHEREAS, it is necessary to amend Ordinance Number 3051-2015 to reduce the Buyer’s purchase price from $6,800 to $3,400; 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 the amendment to Ordinance 3051-2015 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 3051-2015, passed December 15, 2015, 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 Nikola Jovic:
PARCEL NUMBER: 010-059150
ADDRESS: 1477 Arlington Ave., Columbus, Ohio 43211
PRICE: $3,400.00, plus a $150.00 processing fee
USE: Single family Unit
Situated in the State of Ohio, County of Franklin and in the City of Columbus:
Being Lot Number Seventy Three (73) of Waldon Subdivision, as the same is numbered and delineated upon the recorded plat thereof, of record in Plat Book 5, Page 416, Recorder’s Office, Franklin County, Ohio.
SECTION 2. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.