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Home My WebLink AboutOrdinance 056-15RECORD OF ORDINANCES Dayton Legal Blank, Inc. Form No. 30043 56 -15 (Amended) Ordinance No. Passed _ 20_ AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE NECESSARY CONVEYANCE DOCUMENTS TO ACQUIRE 4.S7 ACRES, MORE OR LESS, IN FEE SIMPLE, WHICH CONSTITUTES THE ENTIRE PARCEL OWNED BY DALE DRIVE PROPERTIES, LLC, LOCATED ADJACENT TO AND NORTHEAST OF DALE DRIVE, TO CONNECT DALE AND TULLER RIDGE DRIVES AND FOR THE CONSTRUCTION OF THE NEW PARK AVENUE. WHEREAS, the City of Dublin (the "City ") has extended Dale Drive to the north to connect with Tuller Road (the "Project'l and is preparing for the future extension of a proposed east -west roadway known as Bridge Park Avenue; and WHEREAS, both roadway extensions represent key transportation links within the Bridge Street District roadway system; and WHEREAS, the City is also assisting the Central Ohio Transit Authority ("COTA'J with the relocation of its Dublin Park and Ride facility, which is currently located in the pathway of these roadway extensions; and WHEREAS, the Project requires the City to acquire property from Dale Drive Properties, LLC (FKA "Dale Holding Co. of Columbus, LLC,' from the property located adjacent to and northeast of Dale Drive, said property interest located in the City of Dublin, County of Franklin, State of Ohio, and identified as Franklin County Parcel No. 273 - 008242 (the "Property'l; and WHEREAS, the new site for the COTA Park and Ride is to be located on the southernmost portion of the Property; and WHEREAS, after engaging in amicable discussions, the City has come to an agreement with Dale Drive Properties, LLC and other interested parties, to acquire the Property; and WHEREAS, the City desires to execute necessary conveyance documentation to complete the transaction. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio,. � of the elected members concurring that: Section 1. The City Manager is hereby authorized to execute all necessary conveyance documentation to acquire a 4.57 acre, more or less, fee simple interest, from Dale Drive Properties, LLC, for $1,200,000.00, said property depicted in the attached Exhibit "A." Section 2. This Council further hereby authorizes and directs the City Manager, the Director of Law, the Director of Finance, the Clerk of Council, or other appropriate officers of the City to prepare and sign all agreements and instruments and to take any other actions as may be appropriate to implement this Ordinance. Section 3, This Ordinance shall be effective upon the earliest date permitted by law. Passed this 26LILday of 015. t)1At_Mayor — Presiding fficer ATTEST: Clerk of Council Office of the City Manager 5200 Emerald Parkway • Dublin, 01-143017-1090 City of Dublin Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490 To: Members of Dublin City Council From: Dana L. McDaniel, City Manager Date: August 20, 2015 Initiated By: Terry D. Foegler, Director of Strategic Initiatives & Special Projects Philip K. Hartmann, Assistant Law Director Memo Re: Ordinance 56 -15 (Amended) AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE NECESSARY CONVEYANCE DOCUMENTS TO ACQUIRE 4.57 ACRES, MORE OR LESS, IN FEE SIMPLE, WHICH CONSTITUTES THE ENTIRE PARCEL OWNED BY DALE DRIVE PROPERTIES, LLC, LOCATED ADJACENT TO AND NORTHEAST OF DALE DRIVE, TO CONNECT DALE AND TULLER RIDGE DRIVES AND FOR THE CONSTRUCTION OF THE NEW PARK AVENUE. BACKGROUND The subject parcel is impacted by several key transportation improvement projects. The City of Dublin (the "City ") has extended Dale Drive to the north to connect with Tuller Road (the "Project') and is preparing for the future extension of a proposed east -west roadway known as Bridge Park Avenue. Both roadway extensions represent key transportation links within the Bridge Street District roadway system. The City is also assisting the Central Ohio Transit Authority with the relocation of its Dublin Park and Ride facility, which is currently located in the pathway of these roadway extensions. The new site for the replacement COTA Park and Ride is to be located on the southernmost portion of the subject property. These Projects require that the City acquire property from Dale Drive Properties, LLC (FKA "Dale Holding Co. of Columbus, LLC,' (the "Grantor's from the property located adjacent to and northeast of Dale Drive, identified as Franklin County Parcel Number 273 - 008242. The City filed an eminent domain case in the Franklin County Court of Common Pleas. The court action is for the purchase of just the necessary rights -of -way and COTA relocation site, and the City deposited $536,724.00, based on the appraised value of the right -of -way and COTA relocation site portions of the property. The City has reached an amicable agreement with the record title holder and mortgagors of record to purchase the entire parcel for an amount above its original appraised value of $822,600. The City consulted with the original appraiser and the appraiser acknowledged that as a result of recent comparable land sales and rezoning in the immediate area, subsequent to the original appraisal, the agreed upon purchase price is reasonable and appropriate in the context of current market conditions. This Ordinance authorizes the resolution of the matter for a total of $1,200,000.00, requiring an additional $663,276.00 to be paid to the Court subject to Council's approval. Ord. 56 -15 (Amended) - Dale Drive Properties LLC - Acquisition of Property August 20, 2015 Page 2of2 ACQUISITION Under this recommended settlement arrangement, the City will be acquiring the entire 4.57 acre parcel. The property interests were appraised by the Robert Weiler Company about two years ago at $822,600.00, prior to the Property zoning being changed from BSC— Residential to BSC Scioto River Neighborhood and the sale of similarly situated parcels. RECOMMENDATION Staff and the Law Department recommend approval of Ordinance No. 56 -15 (Amended) at the second reading /public hearing on August 24, 2015. X c� x LL 0 oNm x 0 Troutbrook Drive '7 -LF- -LT- -LF- IT-- o zz IM P.N. 273-009096 Tuller Ridge Drive 0 4— 0 \ 1 ; P.N. --U 273-009150 FD Ali!— E3 ZJF-t-.�i .. . ... - - - - - - - - - - - - - - - - - - C N Y Md.— a-v-e 0 0 0 1 —Tr VT- w-F `� ,,\ � \�, � 1 I L.�� 1 \ \ �� r � � ar r CPC �I �� \ P.N. 273-008242 Dale Drive 0 001A obt r r P�R r-fr-f?*r Ago r �r- P \ J� \ ` \ \ G P.N. 273-008242] P.N. 273-011148 U A0,01F C::-�— —T--D C:�) D . . . ...... CI ro r AA GRAPHIC SCALE r—, P— 100 200 I inch = 100 feet Sycamore Ridge Site Boundary Proposed Right-of-Way CITY OF DUBLIN PI0: (273-009150 & 273-009096) Slope Easement DALE DRIVE - TULLER 0 Store Master Funding Site Boundary RIDGE DRIVE PID: (273-011148) CONNECTOR Mp Dale Holdings Site Boundary Public Greenway RIGHT OF WAY EXHIBIT PID: (273-008242) .lone 4, 2014 UL 1A 1 100' Temporary Easement ffl[ffl� Ev—s,=h-art, Harnbleton & Tilton, Inc. 2013 Aerial Photo NOTE Engine surveyors - Planners - Scientists 20130451 New Albany Road, Columbus, 043054 Property lines are based on Franklin County Auditor's GIS Information- P=.� 1-1 . 6,4.775.4500 Toll �.: W8.775.3648 emht.com 1