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78-98 OrdinanceRECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 Ordinance No.------- ---'I8=9_ $ -- Passed--- ---- - ---- --- --- ----- - --- 19 An Ordinance Authorizing The Purchase Of An Eight Acre Parcel At 5930 Post Road For Recreation Purposes, Appropriating Funds Therefore, And Declaring An Emergency WHEREAS, a goal of City Council is to continue to acquire land for parkland and recreation purposes; and WHEREAS, an eight acre parcel at 5930 Post Road is available for purchase; and WHEREAS, this parcel will assist in providing a continuous connection of City owned property along Post Road from Emerald Parkway to the City's western boundary; and WHEREAS, the Administration has worked with the property owner in preparing a Real Estate Purchase Agreement; and WHEREAS, sufficient resources are available in the Parkland Acquisition Fund; and WHEREAS, it is necessary to amend the annual appropriations measure to provide the funding authorization to execute the Real Estate Purchase Agreement and pay related acquisition costs. NOW, THEREFORE, BE IT ORDAINED, by the Council of the City of Dublin, State of Ohio, _~ of the elected members concumng that: Section 1. The City Manager is hereby authorized to execute the Real Estate Purchase Agreement and any necessary closing documents related to the acquisition of the eight acres at 5930 Post Road. Section 2. There be appropriated from the unappropriated balance in the Parkland Acquisition Fund in the amount of $415,000 to account 41-02-10-2510 for the purpose of acquiring the eight acre parcel and paying any related acquisition costs. Section 3. This Ordinance is declared to be an emergency measure for the purpose of executing and closing on the purchase in accordance with the Real Estate Purchase Agreement; therefore, this Ordinance shall take effect and be in force immediately upon its passage. Passed this day of , 1998. Mayor -Presiding Officer ATTEST: Clerk of Council T:\PER\DKP\98\075-8-M.WPD ~ ~''~'°~".~ ""•lf~f~ `~'+!t f.OQes of this Ordnance/Retotuffatrwere posted in th C'sty of Dublin in accordance with Section 731.25 of the Ohio Revised Code. Clerk of Councif, Dublin, Ohio