Agenda Item # __4
Columbus Consolidated Government
Council Meeting
August 7, 2007
Agenda Report#___178___
TO: Mayor and Councilors
SUBJECT: Transfer of Property to Development Authority ? 5 8th Street
and 801 Broadway
INITIATED BY: Department of Community Reinvestment
________________________________________________________________________________
_____
Recommendation: Approval is requested for the transfer of 0.696 +/- acres of
City property at 5 8th Street a/k/a 003-014-003 and 1.054 +/- acres of City
property at 801 Broadway a/k/a 003-014-002 to the Development Authority of
Columbus.
Background: In October 2002, the City entered into a Memorandum of
Understanding (MOU) with a developer to provide additional hotel rooms and
parking in support of the expansion of the Columbus Ironworks Convention and
Trade Center. The MOU called for the creation of an additional 150 hotel
rooms. In the event the hotels rooms were not constructed, the property would
be conveyed to the City. The hotel construction did not materialize.
Therefore, pursuant to the MOU, the developer is in the process of conveying
the 0.696 +/- acres (as identified as Tract Four in Plat Book 160 page 79) to
the City.
The property located at 801 Broadway (1.054 +/- acres) is the existing parking
lot on the south side of the Marriott Hotel. The property is owned by the City
and was acquired to be used to construct a parking garage.
Analysis: The City still desires to have additional hotel rooms developed in
the Uptown area to promote tourism, trade and to support the Trade Center. The
transfer of the property will allow the Development Authority to market the
property to prospects for the promotion of economic development to support the
Trade Center. The property will be transferred to the Development Authority at
no cost to allow the development of an economic incentives package for
potential prospects.
Financial Considerations: The City will bear the costs of the transfer of
property.
Legal Considerations: Council must approve the transfer of property.
Recommendations/ Action: Approve the attached Resolution authorizing the
transfer of 0.696 +/- acres of City property at 5 8th Street a/k/a 003-014-003
and 1.054 +/- acres of City property at 801 Broadway a/k/a 003-014-002 to the
Development Authority of Columbus.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING THE TRANSFER OF 0.696 +/- ACRES OF CITY
PROPERTY AT 5 8TH STREET A/K/A 003-014-003 AND 1.054 +/- ACRES OF CITY PROPERTY
AT 801 BROADWAY A/K/A 003-014-002 TO THE DEVELOPMENT AUTHORITY OF COLUMBUS.
WHEREAS, the City will convey ownership of 1.75 +/- acres of City property
along Front Avenue and 8th Street to the Development Authority of Columbus; and,
WHEREAS, the Development Authority will market the property to prospects for
the promotion of economic development; and,
WHEREAS, the property will be transferred to the Development Authority at no
cost to allow the development of an economic incentives package; and,
WHEREAS, it is in the best interest of the Consolidated Government of Columbus,
Georgia to transfer the 1.75 +/- acres of City property to the Development
Authority of Columbus.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to transfer 0.696 +/- acres of City
property at 5 8th Street a/k/a 003-014-003 and 1.054 +/- acres of City property
at 801 Broadway a/k/a 003-014-002 to the Development Authority of Columbus.
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 __________.
_______________________________ ____________________________
Tiny B. Washington, Clerk of Council Jim Wetherington, Mayor
Attachments