Agenda Item # 3

Columbus Consolidated Government
Council Meeting

September 13, 2016

Agenda Report # 35

TO: Mayor and Councilors

SUBJECT: Property Swap Between Columbus Consolidated Government (CCG) and the Muscogee
County School District (MCSD)

INITIATED BY: Community Reinvestment Department


Recommendation: Approval is requested to execute all documents related to the property swap between the Columbus Consolidated Government (CCG) and the Muscogee County School District (MCSD) for future educational and redevelopment purposes.

Background: On December 9, 2014, Council authorized the Mayor to execute a Memorandum of Understanding (MOU) with the Muscogee County School District for the exchange of property for future educational and redevelopment purposes per Resolution #378-14.

The MCSD is ready to proceed with the exchange. The CCG currently owns 1000, 1026, 1030, 1044, and 1102 Fort Benning Road, and 3970, 3966, 3960, 3954, and 3832 Cusseta Road. The total values of these properties is $1,446,000. The MCSD currently owns 8+ acres at Brewer Elementary on Buena Vista Road needed for a transportation project, and a property located at 1125 Alexander Street that can be used for the expansion of Pop Austin, for a total value of $698,000. Once the properties are transferred there will be a balance due payable to CCG in the amount of $748,000 which will be reallocated to the Enterprise Zone fund.

Currently the property at 1125 Alexander Street has a reversionary clause stating it must be used for educational purposes only. They are working to get this clause removed so the sales agreement will state they have 180 days to clear the title or they will owe the City the balance of $506,000 which is the appraised value of 1125 Alexander Street. The closing costs for this transaction will be split between the City and the School District.

Analysis: Acquisition of this property will allow the MCSD to assemble a large tract of land for future educational and redevelopment purposes per the MOU between the City and Muscogee County School District.

Financial Considerations: The $748,000 received from this transaction will be reallocated to the Enterprise Zone fund to be used for future developments in South Columbus. The properties received via this transaction will be used for future transportation and recreational projects.

Legal Considerations: Council must approve all real estate transactions.

Recommendations/ Actions: Approval is requested to execute all documents related to the property swap between the Columbus Consolidated Government and the Muscogee County School District for future educational and redevelopment purposes.

Map of 1125 Alexander St.pdfMap of 1125 Alexander St.pdfMap of City properties - Cusseta and Fort Benning.pdfMap of City properties - Cusseta and Fort Benning.pdfMap of property on Buena Vista - Brewer.pdfMap of property on Buena Vista - Brewer.pdf

RESOLUTION
NO. ________

A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS RELATED TO THE PROPERTY SWAP BETWEEN THE COLUMBUS CONSOLIDATED GOVERNMENT AND THE MUSCOGEE COUNTY SCHOOL DISTRICT FOR FUTURE EDUCATIONAL AND REDEVELOPMENT PURPOSES.

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.


__________________

Introduced at a regular meeting of the Council of Columbus, Georgia, held the _________ day of _____________, 2016 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