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TO AUTHORIZE THE MAYOR TO ENTER INTO REAL ESTATE PURCHASE CONTRACT WITH STONEHENGE LAND COMPANY FOR THE PURCHASE OF 1.335+/- ACRES LOCATED ON NORTH HAMILTON ROAD; TO SUPPLEMENTALLY APPROPRIATE FUNDS THEREFOR; AND TO DECLARE AN EMERGENCY
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WHEREAS, the City has expressed the need to purchase 1.335 acres along N. Hamilton Road owned by Stonehenge Land Co. for right-of-way purposes; and
WHEREAS, the purchase of this property would allow the City to provide improved roadway for the central Hamilton Road area to ease flow of traffic; and
WHEREAS, the Director of Parks and Recreation wishes to pursue the purchase as quickly as possible in conjunction with another property purchase, all for the preservation of the public peace, health, safety and welfare;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That the Mayor is hereby authorized to enter into Real Estate Purchase Contract with Stonehenge Land Co., 147 N. High Street, Gahanna, Ohio, for the purchase of 1.335+/- acres of real property located on North Hamilton Road, said agreement attached hereto as EXHIBIT A.
Section 2. That ONE HUNDRED EIGHT THOUSAND FOUR HUNDRED EIGHTY EIGHT DOLLARS ($108,488) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the general fund to Account No. 101.145.5513, Engineering, Capital, Streets, for this Central Corridor Acquisition and is to be used towards this right of way purchase.
Section 3. That ORD-0001-2008, passed January 2, 2008, is hereby amended to reflect this transfer of funds.
Section 4. That, for the reasons set forth in the preamble hereinabove, this ordinance shall be deemed emergency legislation and shall be in full force and effect after passage by this Council and upon date of signature approval by the Mayor.