Agenda Report on Gift of Limited Warranty Deed from Eagle & Phenix Hydro Company, \n \n Inc.
Initiator
Planning Department - Right of Way Acquisition
Recommendation
Approval is requested to accept a Gift of Limited Warranty Deed from Eagle & \n \n Phenix Hydro Company, Inc., for Parcel "B" 0.329 and Parcel "D" 0.096 acres for \n \n a total of 0.425 acres to be used for the RiverWalk. Project.
Approval
Approved
Background
The Eagle & Phenix Hydro Company, Inc., has begun and is in the process of
developing or re-developing the Power House Structure adjacent to the proposed
extension of the RiverWalk.
Analysis
The City is in the process of extending the River Walk Project north from the
end of the existing River Walk by the River Club and this Gift of Limited
Warranty Deed allows continued construction of the RiverWalk.
Financial Considerations
There is no expense to the City except for the expenses of Legal services.
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 Eagle& Phenix Hydro Company, Inc. and subsequent agreements
necessary to implement said Deed.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING AUTHORIZING THE CITY MANAGER TO ACCEPT A GIFT OF DEED
FROM EAGLE & PHENIX HYDRO COMPANY, INC.
WHEREAS, Eagle Phenix Hydro Company, Inc. is in the process of restoring
developing and re-developing the Power House Structure adjacent to the proposed
extension of the RiverWalk; and,
WHEREAS, the City is in the process of expending its River Walk Project, north
from the end of the existing River Walk by the River Club needing said property
to continue the River Walk; and,
WHEREAS, the attached Exhibit "A" describes the Gift of Limited Warranty Deed,
subject to attached Exhibit "B" (Exceptions to Coverage).
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 Eagle & Phenix Hydro Company, Inc, and to execute subsequent
agreements necessary to implement said Warranty Deed.
___________
Introduced at a regular meeting of the Council of Columbus, Georgia, held
the
_________day of _____________, and adopted at said meeting by the affirmative