Agenda Report on Gift of Limited Warranty Deed from W.C. Bradley Co.
Initiator
Planning Department - Right of Way Acquisition
Recommendation
Approval is requested that the City Manager accept a Gift of Limited Warranty \n \n Deed from W.C. Bradley Company for Parcel "A" 0.827 acres and Parcel "C" 0.619 \n \n acres, for a total of 1.446 acres to be used for the RiverWalk Project. \n \n (Please see attachments below including a letter from the CEO/President of W. \n \n C. Bradley.)
Approval
Approved
Background
The W.C. Bradley Company has begun and is in the process of developing or
re-developing the W. C. Bradley Property to promote and allow for residential,
office and commercial/retail uses within the property adjacent to the proposed
extension of the River Walk. The acreage includes the historic water tower,
which is to be maintained by the Bradley Company for a period not to exceed ten
(10) years. At the end of ten (10) years, the tower will become the property
of City.
Analysis
The City is in the process of extending its RiverWalk Project north from the
end of the existing RiverWalk by the River Club and this Gift of Limited
Warranty Deed allows the City to continue the construction of the River Walk.
The acceptance of this property will include the existing water tower, which
will be given to the City at the end of the ten (10) year period.
Financial Considerations
The City will be responsible for the expenses of Legal services and at the end
of the ten year period for the maintenance of the existing water tower.
Projected Annual Fiscal Impact Statement
Legal Considerations
The City Attorney has no issues with this action.
Recommendations/ Actions
Approve the resolution authorizing the City Manager to accept a Gift of Limited
Warranty Deed from W.C. Bradley Company and subsequent agreements necessary to
implement said Deed.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING THE ACCEPTANCE OF A GIFT OF LIMITED WARRANTY DEED FROM
W.C. BRADLEY COMPANY.
WHEREAS, W. C. Bradley Company has begun and is in the process of developing or
re-developing their property to promote and allow for residential, office and
commercial/retail uses; and,
WHEREAS, the City is in the process of extending its RiverWalk Project, north
from the end of the existing RiverWalk by the River Club and needing said
property to continue the River Walk; and,
WHEREAS, the donation of land will total 1.446 acres as attached in Exhibit "A"
which describes the Gift of Limited Warranty Deed, subject to attachment
Exhibit "B" (Exceptions to Coverage), and,
WHEREAS, W.C. Bradley has agreed to maintain the existing water tower on this
property for a period of ten years from this day forward, and to be gifted to
the city at the end of this time frame.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to accept a Gift of Limited
Warranty Deed from W. C. Bradley Company for acreage totaling 1.446 acres and
is authorized to execute subsequent agreements necessary to implement said
Warranty Deed. The City shall receive and be responsible for the maintenance
of the water tower as described in "Exhibit A, paragraphs A, B, C and D" as
attached to this resolution.
The letter to the City Manager from the Real Estate Division of W.C. Bradley
Co. dated January 14, 2008 is hereby made a part of this resolution and is
specifically incorporated by reference. W.C. Bradley Co. agrees to indemnify
and hold harmless Columbus, Georgia for any and all claims that may arise out
of environmental concerns associated with Area ?A? as shown on a plat dated
December 11, 2007 and prepared for W.C. Bradley Co. by Moon, Meeks, Mason &
Vinson, Inc.
___________
Introduced at a regular meeting of the Council of Columbus, Georgia, held
the ______day of _____________, and adopted at said meeting by the affirmative
vote of ______members of said Council.
Councilor Allen voting __________.
Councilor Anthony voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Davis voting __________.
Councilor Henderson voting __________.
Councilor Hunter voting __________.
Councilor McDaniel voting __________.
Councilor Turner Pugh voting __________.
Councilor Woodson voting __________.
________________________________________
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Tiny B. Washington, Clerk of Council Jim Wethington, Mayor