Ordinance 25-21
To: Members of Dublin City Council
From: Dana L. McDaniel, City Manager
Date: June 8, 2021
Re: Ordinance 25-21 - AUTHORIZING THE CITY MANAGER TO ENTER INTO A REAL
ESTATE PURCHASE AGREEMENT FOR CERTAIN PROPERTY OWNED BY DENISE
M. JEWETT LOCATED IN FRANKLIN COUNTY, OHIO, AUTHORIZING THE
EXECUTION OF RELATED AGREEMENTS AND DOCUMENTS, AND
APPROPRIATING FUNDS THEREFOR.
Summary
The City has engaged in discussions with Denise M. Jewett to purchase property owned by her that is
comprised of approximately 93.54 acres, located in Franklin County, Ohio (Parcel No. 272-000085 –
Cosgray Road – 27.77 acres) (Parcel No. 272-000195 – 6047 Cosgray Road – 32.95 acres)(Parcel No.
272-000086 – 5987 Cosgray Road – 32.82 acres) together with all improvements constructed thereon,
and all rights, appurtenances and hereditaments appertaining thereto. Below is a depiction of the
Premises.
Background
City Council has discussed the need to have additional acreage in the City’s possession. Such
purchases of land enable the City to control the ultimate use of the property. Additionally, as the City
continues to grow and/or build out, opportunities to purchase property, such as this, will diminish.
The City has experienced much success over the years through such purchases be they for economic
development, transportation and/or recreational use.
Office of the City Manager
5555 Perimeter Drive • Dublin, OH 43017-1090
Phone: 614.410.4400 • Fax: 614.410.4490 Memo
Ordinance 25-21
June 8, 2021
Page 2 of 2
After negotiations between the Sellers and Staff, the purchase price of the Premises has been
determined to be $85,000 per acre for the 65.77 acres immediately south of Darree Fields Park and
$100,000 per acre for the 27.77 acres immediately east of Daree Fields Park. The prices for these
properties are consistent with purchases made by the City in the nearly immediate area in recent
years. The total price for the properties will be $8,387,000.
The Real Estate Purchase Agreement, if authorized by City Council, explains all terms, conditions and
Closing requirements of both parties.
Recommendation
Staff recommends Council approve Ordinance 25-21 at the public hearing on June 28, 2021, to allow
the purchase of these properties.
EXHIBIT A