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File #: 0539-2018    Version: 1
Type: Ordinance Status: Passed
File created: 2/13/2018 In control: Housing Committee
On agenda: 2/26/2018 Final action: 2/27/2018
Title: To amend Ordinance 2019-2017, passed July 14, 2017, to amend the Buyer’s purchase price to $10,000.00; and to declare an emergency.

Explanation

BACKGROUND: Ordinance 2019-2017, passed July 14, 2017, authorized the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 483-489 Barnett Rd. (010-089091) to The Real Solutions Group LTD, for the sum of $18,000.00 plus a $150.00 processing fee. We need to amend the Buyer’s purchase price from $18,000 to $10,000.

 

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 2019-2017, passed July 14, 2017, to amend the Buyer’s purchase price to $10,000.00; and to declare an emergency. 

 

Body

WHEREAS, on July 14, 2017, Columbus City Council passed Ordinance 2019-2017 authorizing the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 483-489 Barnett Rd. (010-089091) to The Real Solutions Group LTD, for the sum of $18,000.00 plus a $150.00 processing fee; and

 

WHEREAS,  it is necessary to amend the Buyer’s purchase price from $18,000 to $10,000; 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 2019-2017  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 2019-2017, passed July 14, 2017, 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 The Real Solutions Group LTD:

 

PARCEL NUMBER:                     010-089091

ADDRESS:                                          483-489 Barnett Rd., Columbus, Ohio 43213

PRICE:                                                               $18,000 $10,000, plus a $150.00 processing fee

USE:                                                               Multi family Unit

 

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.