Columbus, Georgia

Georgia's First Consolidated Government

Post Office Box 1340
Columbus, Georgia, 31902-1340
(706) 653-4013
fax (706) 653-4016

Council Members

Agenda Item # 4





Columbus Consolidated Government

Council Meeting

May 27, 2008



Agenda Report # 282





TO: Mayor and Council



SUBJECT: Property Acquisition - 2733 Edgewood Road & 3404 Clubview Drive



INITIATED BY: Department of Community Reinvestment

________________________________________________________________________________

___



Recommendation: Approval is requested to purchase of 2733 Edgewood Road a/k/a

Tax Map Parcel 068 010 006 and 3404 Clubview Drive a/k/a Tax Map Parcel 068 011

003 for the Cora Drive Storm Sewer Replacement Project in Columbus, Muscogee

County, Georgia (see attached map).



Background: The Cora Drive Storm Sewer Replacement Project is needed to

replace a failure of a storm sewer pipe in the Cora Drive area. The storm sewer

is currently running under three houses and a failure of the pipe has

occurred. The project will consist of the demolition of the homes, removal

and replacement of the storm sewer. As part of the project, the City must

retain ownership of the properties in order to replace the storm sewer. Upon

completion of the project, the sellers will have an option to repurchase the

property.



Analysis: Through good faith negotiations for the property located at 2733

Edgewood Road, the City and owner have agreed upon a fair and equitable price

for the property. Based upon appraised values from both parties, the agreed

upon price is $275,000. The Seller will have a 90-day option to repurchase the

property for $50,000 upon completion of the project.



Through good faith negotiations for the property located at 3404 Clubview

Drive, the City and owner have agreed upon a fair and equitable price for the

property. Based upon appraised values from both parties, the agreed upon price

is $285,000. The Seller will have a 90-day option to repurchase the property

for $75,000 upon completion of the project.



Financial Considerations: The value of the properties has been determined to

be $275,000 and $285,000. The Sellers has agreed to accept payment from the

City for the value of the property. The City will pay all closing cost

associated with the purchase. Funds for the purchase of the property will be

made from the CIP - General Fund Supported Property Acquisition Account.



Legal Considerations: The purchase of property requires Council approval.



Recommendations/ Actions: Approve a Resolution for the to purchase of 2733

Edgewood Road a/k/a Tax Map Parcel 068 010 006 and 3404 Clubview Drive a/k/a

Tax Map Parcel 068 011 003 for the Cora Drive Storm Sewer Replacement Project

in Columbus, Muscogee County, Georgia.









A RESOLUTION

NO. ______



A RESOLUTION AUTHORIZING THE PURCHASE OF 2733 EDGEWOOD ROAD A/K/A TAX MAP

PARCEL 068 010 006 AND 3404 CLUBVIEW DRIVE a/k/a TAX MAP PARCEL 068 011 003 FOR

THE CORA DRIVE STORM SEWER REPLACEMENT PROJECT IN COLUMBUS, MUSCOGEE COUNTY,

GEORGIA.



WHEREAS, 2733 Edgewood Road a/k/a Tax Map Parcel 068 010 006 and 3404 Clubview

Drive a/k/a Tax Map Parcel 068 011 003 are to be purchased as part of the Cora

Drive Storm Sewer Replacement Project; and,



WHEREAS, it has been determined the price of $275,000 is fair and equitable for

2733 Edgewood Road; and,



WHEREAS, it has been determined the price of $285,000 is fair and equitable for

3404 Clubview Drive; and,



WHEREAS, the purchase of the property will be funded form the CIP-General Fund

Supported - Property Acquisition Account; and,



WHEREAS, the Seller of 2733 Edgewood Road will have a 90-day option to

repurchase the property for $50,000 upon completion of the project; and,



WHEREAS, the Seller of 3404 Clubview Drive will have a 90-day option

to repurchase the property for $75,000 upon completion of the project; and,



WHEREAS, it is in the best interest of the Consolidated Government of Columbus,

Georgia to purchase the property; and,



NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:



That the City Manager is hereby authorized to purchase 2733 Edgewood Road a/k/a

Tax Map Parcel 068 010 006 for the purchase price of $275,000 and 3404 Clubview

Drive a/k/a Tax Map Parcel 068 011 003 for the purchase price of $285,000 for

the Cora Drive Storm Sewer Replacement Project. The purchase of the property

will be funded form the CIP-General Fund Supported Property Acquisition Account.

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


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