Lynnette,
Thanks. Lisa, see email below. Liz, please place in ecap information.
Isaiah
Isaiah Hugley
City Manager
Columbus Consolidated Government
P.O. Box 1340
Columbus, GA 31902
Phone: (706) 653-4029
Fax: (706) 653-4032
Ihugley@columbusga.org
Lynnette Gross/Columbusga
09/29/2006 04:34 PM
To
Isaiah Hugley/Columbusga@Columbusga, David Arrington/Columbusga@Columbusga
cc
Pamela Hodge/Columbusga@COLUMBUSGA
Subject
Firestone Property
Isaiah,
Per your request, below is the information on the Firestone property:
Purchased June 2001 $643,400.00
Accepted assignment of Lease (Firestone):
Lease term: May 1, 2000 through April 30, 2005$5,450.00 per month
Lease expires and City goes Month to Month Lease August 1, 2005
$6,000.00 per month
Rent increase September 2006 to $6,500 per month
To date rental income $351,000
Property appraised October 28, 2005 by Cliatt Norris Appraisals
Land value $10.50 sq ft. $610,000
Building value $195,000
Total value $805,000
Please advise if you need additional information.
Lynnette
Lynnette Gross, Director
Community Reinvestment
Development Resource Center
P.O. Box 1340
Columbus, Georgia
Phone (706) 225-3925
FAX (706) 653-4040
lgross@columbusga.org
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