Agenda Item # 2

Columbus Consolidated Government
Council Meeting

August 9, 2016

Agenda Report # 25

TO: Mayor and Councilors

SUBJECT: Property Acquisition – 2100, 2102, 2200, 2210 Cusseta Road and 2111 N. Andrews Circle

INITIATED BY: Community Reinvestment

Recommendation: Approval is requested to acquire the following parcels in the amount of $365,800 for continued redevelopment of the Enterprise Zone:

2100 Cusseta Road – Parcel # 041 014 012 - $40,700
2102 Cusseta Road – Parcel # 041 014 011 - $39,500
2200 Cusseta Road – Parcel # 041 014 010 - $190,400
2210 Cusseta Road – Parcel # 041 014 009 - $72,800
2111 N. Andrews Circle – Parcel # 041 014 003 - $22,400

Background: These parcels have been identified as blighted structures on underutilized land. The property has the potential cleaned up and marketed for commercial redevelopment.

Analysis: The acquisition of these properties will provide an opportunity to eliminate slum and blight, and to market a large tract of land for commercial development along Cusseta Road. These properties are needed for continued redevelopment of the Enterprise Zone.

Financial Considerations: The current balance of the Enterprise Zone Fund is $1.2 million. The balance after the purchase of these properties will be approximately $835,000.

Legal Considerations: Council must approve all matters related to real estate.

Recommendations: Approve a resolution authorizing the City Manager to acquire the properties located at 2100, 2102, 2200, 2210 Cusseta Road and 2111 N. Andrews Circle in the amount of $365,800 for the continued redevelopment of the Enterprise Zone.

Map of Properties along Cusseta to be acquired.pdfMap of Properties along Cusseta to be acquired.pdf



A RESOLUTION
NO. ________

A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACQUIRE THE PROPERTIES LOCATED AT 2100, 2102, 2200, 2210 CUSSETA ROAD AND 2111 N. ANDREWS CIRCLE IN THE AMOUNT OF $365,800 FOR THE CONTINUED REDEVELOPMENT OF THE ENTERPRISE ZONE.

WHEREAS, the properties located at 2100, 2102, 2200, 2210 Cusseta Road and 2111 N. Andrews Circle are located in the Enterprise Zone; and,

WHEREAS, the City desires to acquire the property for the purpose of promoting commercial development in the area, by eliminating blighted structures, creating job opportunities and enhancing the quality of life for the community; and,

WHEREAS, the fair market value for all of the properties total $365,800 and all of the current property owners have agreed to sell their parcels for the appraised values; and,

WHEREAS, the Enterprise Zone project provided funding for property acquisition, demolition, and infrastructure development to create jobs and promote economic development in the Enterprise Zone.

NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:

That the City Manager is hereby authorized to acquire the properties located at 2100, 2102, 2200, 2210 Cusseta Road and 2111 N. Andrews Circle in the amount of $365,800 for the continued redevelopment of the Enterprise Zone.
_____________


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 Garrett voting __________.
Councilor Davis 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