Title
TO AUTHORIZE THE RELEASE OF A MASTER LEASE AGREEMENT AND A CITY LEASE AGREEMENT BETWEEN THE COMMUNITY URBAN REDEVELOPMENT CORPORATION AND THE CITY OF GAHANNA; AND TO AUTHORIZE THE MAYOR TO SIGN A DEED TO TRANSFER PROPERTY KNOWN AS LOT 29 OF THE INDUSTRIAL ZONE.
Drafter
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Body
WHEREAS, the City of Gahanna entered into a Master Lease Agreement with the Community Urban Redevelopment Corporation dated June 1, 1984, as well as a supplemental Master Lease dated December 1, 1985, and a second supplemental Master Lease dated November 1, 1996; and
WHEREAS, the City of Gahanna entered into a City Lease Agreement with the Community Urban Redevelopment Corporation dated June 1, 1984, as well as a supplemental City Lease dated December 1, 1985, and a second supplemental City Lease dated November 1, 1996; and
WHEREAS, on April 18, 2012 the Community Urban Redevelopment Corporation held a meeting and authorized in a motion that the Corporation release the Master Lease Agreement, release a supplemental Master Lease dated December 1, 1995; and a second supplemental Master Lease dated November 1, 1996; and
WHEREAS, on July 30, 2009 the Community Urban Redevelopment Corporation held a meeting and authorized in a motion that the Corporation release the City Lease Agreement, release a supplemental City Lease dated December 1, 1995; and a second supplemental City Lease dated November 1, 1996; and
WHEREAS, at that same meeting the Community Urban Redevelopment Corporation recommended to City Council that they transfer the title of certain properties to their respective business tenants, or their successors or assigns;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That this Council authorizes the release of a Master Lease by and between the City of Gahanna, Ohio and the Community Urban Redevelopment Corporation dated as of June 1, 1984, recorded in Official Record 04417D02, Franklin County Reco...
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