To

Mayor and Council

Subject

Effingham Way

Initiator

City Manager's Office

Recommendation

Approval is requested to enter into a joint purchase agreement with Woodmont \n \n Properties, LLC, an adjacent property owner. The acquisition of 3601 Ginger \n \n Drive (aka tax map 072 009 001) will allow the City to complete a sewer \n \n project on Effingham Way and Ginger Drive in Columbus, Muscogee County, \n \n Georgia, (see attachments) .

Approval

Approved

Background

A portion of Ginger Drive (adjacent to Effingham Way) has been washed away and

is a danger to the citizens of Columbus. Public Services has repeatedly placed

barricades to block off the washed out portion of the road. The barricades are

moved to access the road without regard to the danger associated with such

action.

Analysis

The acquisition of property will be a joint purchase agreement with Woodmont

Properties, LLC. Woodmont Properties, LLC has committed to pay $250,000 in

exchange for all property remaining after the completion of the project which

includes replacing the existing lake with a larger lake site. This project

will reduce downstream flooding on Effingham and reduce sedimentation in Heath

Park/Watershed Lake. There will be added storage for volume for flood

control. This joint purchase agreement is contingent upon the property being

rezoned to RMF 2 for apartments.

Financial Considerations

This will be a joint purchase agreement with Woodmont Properties, LLC, an

adjacent property owner. Woodmont Properties, LLC has committed to pay

$250,000, the City will pay $350,000, for a total of $600,000, See attached

Commitment Letter

Projected Annual Fiscal Impact Statement

Legal Considerations

Council must approve the purchase and exchange of property.

Recommendations/ Actions

Approve the attached resolution for the acquisition of property through a joint

Purchase Agreement and the transfer of remaining properties to Woodmont

Properties, LLC upon completion of the project..

No attachments for this document.