A RESOLUTION
No.
WHEREAS, Columbus has constructed the Columbus, Georgia Iron Works Convention
and Trade Center (the ?Trade Center?) to enhance the economic strengths,
business opportunities and workforce attributes that support the business
objectives of the people of Columbus and Muscogee County;
WHEREAS, an agreement has been reached between Columbus, Georgia and
the State of Georgia, acting by and through its Department of Economic
Development (DecD) for the transfer of certain Trade Center property from
Columbus and its Building Authority to the State of Georgia in return for funds
sufficient to pay off certain bonds issued for the Trade Center expansion;
WHEREAS, Columbus will lease certain Trade Center property back from the State
of Georgia for a period of approximately 20 years under said agreement and
Columbus will request reconveyance of said property from the State of Georgia
at the end of said time period;
WHEREAS, the State Properties Commission has, at its regularly scheduled
meeting on October 23, 2006, approved the real property acquisition and
reconveyance terms set forth in said agreement pursuant to the authorization
and requirements of O.C.G.A. ?50-7-16;
WHEREAS, this Council desires to implement said intergovernmental agreement
between Columbus, Georgia and the State of Georgia for the public benefits
bestowed upon the citizens of Columbus, Georgia through the Trade Center
expansion project.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA HEREBY RESOLVES:
We hereby authorize the Mayor to execute the Economic Development Agreement
between Columbus, Georgia and the State of Georgia, acting by and through its
Department of Economic Development in order to facilitate funding of the Trade
Center expansion project in Columbus, Georgia. We further authorize the Mayor,
City Manager, City Attorney, Finance Director and Columbus Building Authority
to execute all necessary deeds, leases or other documents to implement said
Agreement and to make all payments for necessary expenses related to this
transaction from proceeds received from the State of Georgia. The balance of
any net proceeds shall remain in the Debt Service Fund. We further direct the
Clerk of Council to notify the Columbus Council on or about July 1, 2026 of the
provisions of said agreement so that a proper request may be sent to the
Georgia General Assembly for reconveyance of certain property in the Trade
Center expansion project to Columbus, Georgia.
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Introduced at a regular meeting of the Council of Columbus, Georgia held on the
______ day of ______________, 2007, and adopted at said meeting by the
affirmative vote of ______ members of 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 Pugh voting_____________________.
Councilor Woodson voting__________________.
______________________________ ______________________________
Tiny B. Washington, Clerk Jim Wetherington, Mayor
Attachments
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