To

Mayor and Council

Subject

Parking Lot

Initiator

City Manager's Office

Recommendation

Approval of the attached Resolution authorizing the City Manager to purchase \n \n the Property Identified as a "parking lot ", identified as Tax Map Parcel \n \n 004-018-004 a/k/a 1015 Broadway, Columbus, Muscogee County, Georgia, (see \n \n attached map).

Approval

Approved

Background

A part of the Streetscapes Improvements for Broadway include the construction

on a flat surface parking area on Front Avenue. Access from Broadway to this

new parking area is needed. The "parking lot" to be acquired will provide the

access from Broadway to the parking area.



The "parking lot" is located at 1015 Broadway a/k/a tax map 004-018-004, and is

further identified under an "Agreement," (leasing the property to the City)

dated the 19th of September 2002, between the Consolidated Government of

Columbus and W. Gene Hewell. This purchase will also include the City granting

Hewell Rentals, Inc., an easement to access the two side doors on 1019

Broadway.

Analysis

The City will purchase the property located at 1015 Broadway. The property

will be used to access a flat surface parking lot on Front Avenue.

Financial Considerations

A binder of 10% ($14,000.00) will be made payable to Hewell Rentals, Inc., and

will be held in escrow by our Attorney of record. The value of the property

is determined to be $140,000.

Projected Annual Fiscal Impact Statement

Legal Considerations

Council must approve the City Manager's purchase of the property. The property

will be transferred by Deed with the Superior Court Clerk for permanent

record. The funding source will be 1999 SPLOST Streetscape funds.

Recommendations/ Actions

Approve the attached Resolution approving the City Manager's purchase of the

above-identified property.

No attachments for this document.