WHEREAS, the Columbus Consolidated Government (“CCG”) entered into a Memorandum of Understanding (MOU) with the Muscogee County School District for the exchange of property for future redevelopment purposes; and
WHEREAS, the CCG owns 1000, 1026, 1030, 1044, and 1102 Fort Benning Road, and 3970, 3966, 3960, 3954, and 3832 Cusseta Road for a total value of $1,446,000 and,
WHEREAS, the Muscogee County School District currently owns 8+ acres at Brewer Elementary on Martin Luther King Jr. Blvd. and a property located at 1125 Alexander Street for a total value of $698,000; and,
WHEREAS, the CCG will receive a balance of $748,000 at closing which will be reallocated to the Enterprise Zone fund; and,
WHEREAS, if the reversionary clause on 1125 Alexander Street cannot be removed within 180 days, the Muscogee County School District will owe the City an additional $506,000.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
The City Manager is authorized to execute all documents related to the property swap described above between the Columbus Consolidated Government and the Muscogee County School District (MCSD) for future educational and redevelopment purposes.
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