Explanation
BACKGROUND: Ordinance 1814-2019, passed July 15, 2019, authorized the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 496 Linwood Ave. (010-012803) to D D & D Homes, LLC, for the sum of $89,500.00 plus a $195.00 processing fee. We need to amend the Buyer’s purchase price from $89,500 to $68,000.
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 1814-2019, passed July 15, 2019, related to the conveyance of title for 496 Linwood Ave. held in the Land Bank, to amend the Buyer’s purchase price to $68,000.00; and to declare an emergency.
Body
WHEREAS, on July 15, 2019, Columbus City Council passed Ordinance 1814-2019 authorizing the Director of the Department of Development to transfer one parcel of real property held in the Land Bank and located at 496 Linwood Ave. (010-012803) to D D & D Homes, LLC, for the sum of $68,000.00 plus a $195.00 processing fee; and
WHEREAS, to amend the Buyer’s purchase price from $89,500 to $68,000; 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 1814-2019 so the transfer of the property can be made without further delay, all for the immediate reservation 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 1814-2019, passed July 15, 2019, 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 D D & D Homes, LLC:
PARCEL NUMBER: 010-012803
ADDRESS: 496 L...
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