Agenda Item # 4
Columbus Consolidated Government
Council Meeting
December 16, 2008
Agenda Report # 347
TO: Mayor and Councilors
SUBJECT: Purchase of Property (450, 455, 453, 425 and 405 Brennan Road)
INITIATED BY: Department of Community Reinvestment
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Recommendation: Approval is requested for the acquisition of Tax Map 064 001
040, 042, 043, 044 and 045 of land consisting of approximately 17.00 acres +/-,
at 450 Brennan Road, 455 Brennan Road, 453 Brennan Road, 425 Brennan Road and
405 Brennan Road as identified on Tax Map (see attached maps).
Background: The above-mentioned properties are located in the Enterprise
Zone. Over the past few years, this area has seen revitalization efforts that
helped improve the quality of life of the community by building new housing and
adding new businesses. The City's ultimate goal is to revitalize the area by
creating a mixed-use development opportunities that will help enhance the
property values, create a safe and healthy environment, and increase employment
for those who work and live in the area. The 17.00 acres +/- of land, which
fronts Brennan Road, is located diagonally across from properties assembled by
the City for future development.
Analysis: Through good faith negotiations, the City and owner have agreed upon
a fair and equitable price for the property. Based upon appraised value, the
agreed upon price is $885,000. The City and the Seller will develop a
relocation plan to relocate the tenant and occupied units only. The City will
hire a third party to execute and be a Liaison between the City, Seller and
residents. The City has agreed to pay one half of the relocation costs up to
$200,000.
Financial Considerations: The Purchase price of the property is $885,000. The
City will pay one half (1/2) of the relocation costs up to $200,000. The
funding for the purchase and relocation costs will be funded with 99C Bond
Issue - Enterprise Zone.
Legal Considerations: The purchase of property requires Council approval.
Recommendation: Approved the attached Resolution to authorize the City Manager
to acquire the above-identified property.
A RESOLUTION
NO. ______
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACQUIRE PARCELS OF PROPERTY
CONSISTING OF 17.00 ACRES +/- ON TAX MAP 064 001 040, 042, 043, 044 AND 045
A/K/A 450 BRENNAN ROAD, 455 BRENNAN ROAD 453 BRENNAN ROAD, 425 BRENNAN ROAD AND
405 BRENNAN ROAD FOR ASSEMBLAGE AND FUTURE DEVELOPMENT OF LAND ON BRENNAN ROAD
LOCATED IN COLUMBUS, MUSCOGEE COUNTY, GEORGIA.
WHEREAS, the City of Columbus is assembling properties along Brennan Road and
in the Enterprise Zone for future development; and,
WHEREAS, the City will pay one half (1/2) of the relocation costs up to
$200,000 for tenant and occupied trailers only; and,
WHEREAS, it has been determined the price of $885,000 is fair and equitable;
and,
WHEREAS, the purchase of the property will be funded with 99C Bond Issue -
Enterprise Zone; and,
WHEREAS, it is in the best interest of the Consolidated Government of Columbus
Georgia to purchase the properties; and,
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to:
1. Acquire parcels of property consisting of 17.00 acres +/- on tax
map 064 001 040, 042, 043, 044 and 045 a/k/a 450 Brennan Road, 455 Brennan Road
453 Brennan Road, 425 Brennan Road and 405 Brennan Road for the price of
$885,000. The purchase of this property will be funded with 99C Bond Issue -
Enterprise Zone. The assemblage of property will be used for future
development.
2. Pay one half (1/2) of the relocation costs up to $200,000 for
tenant and occupied trailers only.
_____________________
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