Agenda Item # 2
Columbus Consolidated Government
Council Meeting
May 23, 2017
Agenda Report # 130
TO: Mayor and Councilors
SUBJECT: Riverwalk ? City Mills Exchange and Easement Agreement
INITIATED BY: City Manager?s Office
Recommendation: Approval is requested to authorize the City Manager to execute
all necessary documents for the Riverwalk ? City Mills Exchange and Easement
Agreement between the City of Columbus and City Mills Properties, LLC in order
to construct the Riverwalk at the City Mills location.
Background: As part of the Transportation Investment Act of 2010, the River
Valley Region approved a 1% sales tax for Transportation (Transportation
Special Purpose Local Option Sales Tax or TSPLOST). One of the projects for
Muscogee County was $10,000,000 for the completion of the Riverwalk at the City
Mill and Bibb Mill locations.
Analysis: These easements are necessary to construct the Riverwalk at the
City Mills location as the property is owned by City Mills Properties, LLC. In
exchange for the Riverwalk easement, City Mill Properties LLC is requesting
exchanging properties and property rights with the City in order to develop the
City Mills Property. The city has worked with the owner to develop a
comprehensive plan for the Riverwalk and City Mills site which will include a
joint parking lot for their facility and public parking for the citizens to
access the Riverwalk at this location. The city agrees to contribute $250,000
towards the development of a parking lot. A separate Memorandum of
Understanding (MOU) will be processed for a parking lot agreement and funding.
This easement/property exchanges includes closing a certain section of 18th as
outlined in the attached documentation.
1. Relocating an existing City Mills parking easement on City property of
21,653 sq ft from Parcel A-1 on Exhibit B to Parcel 1 on Exhibit D. This
includes closing a portion of 18th Street. (No financial impact.)
2. City agrees to grant City Mills a parking and access easement on Parcel 6 of
Exhibit F of 44,807 sq ft. with the City retaining all rights to the Riverwalk
easement in exchange for City Mills constructing a parking lot with 19 public
parking spaces. (No financial impact for the exchange. City will contribute
$250,000 towards the construction of the parking lot at the completion of the
parking lot, with a total estimated cost of $500,000.)
3. City agrees to sell to City Mills 10,000 sq ft at $8/sq ft for a total of
$80,000, Parcel 4 of Exhibit H. (Revenue to the City of $80,000.)
4. City Mills releases parking easement on Parcel PE1 of 6,395 sq. ft. and
Parcel PE2 of 4,430 sq. ft. of Exhibit J for fee for 5,412 sq. ft. for Parcel 3
on Exhibit J. (No financial impact.)
5. City Mills to grant City a Riverwalk easement of 15,614 sq. ft.of Exhibit M
(6,107 sq. ft. + 9,507 sq. ft.) in exchange for fee simple Parcel 5 of Exhibit
O of 8,964. (Revenue to City Mills of $6,358.)
6. City to sell 3,600 sq. ft. (144 ft. x 25 ft.) of Parcel 1 on Exhibit D to
City Mills for $4/sq. ft. totaling $14,400 to allow to City Mills to have
frontage on 1st Avenue to prevent the City Mills parcel from being landlocked.
(Revenue to the City of $14,400.)
Financial Considerations: The net result of the property exchange and execution
of the easements is payment from City Mill Properties, LLC to the City in the
amount of $88,042. The $250,000 city contribution for the construction of a
parking lot will be paid to City Mills Properties, LLC upon completion of a
parking lot with 19 public parking spaces.
Legal Considerations: Council approval is required for all real estate
transactions.
Recommendation: Approval is requested to authorize the City Manager to
execute all necessary documents for the Riverwalk ? City Mills Exchange and
Easement Agreement between the City of Columbus and City Mills Properties, LLC
in order to construct the Riverwalk at the City Mills location.
A RESOLUTION
NO. _____
A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO EXECUTE THE RIVERWALK ? CITY
MILLS EXCHANGE AND EASEMENT AGREEMENT BETWEEN COLUMBUS CONSOLIDATED GOVERNMENT
AND CITY MILLS PROPERTIES, LLC.
WHEREAS, the River Valley Region approved a 1% sales tax for Transportation
thru the Transportation Investment Act (TIA) of 2010; and,
WHEREAS, one of the projects approved was the connections of the Riverwalk at
the City Mills and Bibb Mills locations; and,
WHEREAS, the connection of the Riverwalk at City Mills requires the execution
of the attached Riverwalk- City Mills Exchange and Easement Agreement between
Columbus Consolidated Government and City Mills Properties, LLC (?the
Agreement?) as well as all other documents necessary to implement the
Agreement.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to execute the Agreement in
substantially the form attached to this Resolution and all other documents
necessary to implement the Agreement.
___________
Introduced at a regular meeting of the Council of Columbus, Georgia, held the
_________ day of _____________, 2017 and adopted at said meeting by the
affirmative vote of ____________ members of said Council.
Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Davis voting __________.
Councilor Garrett voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor Thomas voting __________.
Councilor Turner Pugh voting __________.
Councilor Woodson voting __________.
_______________________________ __________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor
Attachments