Title
TO ACCEPT THE GENERAL WARRANTY DEED FOR PROPERTY LOCATED AT 181 GRANVILLE STREET FROM THE GAHANNA COMMUNITY IMPROVEMENT CORPORATION (CIC).
Body
WHEREAS, on March 27, 2011, the City of Gahanna and the Gahanna Community Improvement Corporation (CIC) entered into Contract of Sale and Purchase Agreement for the property located at 181 Granville Street; and
WHEREAS, the contract was approved by ORD-0018-2011 and one of the terms of the agreement is that the Gahanna CIC will convey the property to the City once the mortgage is paid in full; and
WHEREAS, on January 20, 2017, the Gahanna CIC satisfied the mortgage on the property and is seeking to fulfill their obligation of conveying the property back to the City of Gahanna; and
WHEREAS, the City is desirous of accepting all property and it is desirable and necessary to accept this General Warranty Deed.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, COUNTY OF FRANKLIN, STATE OF OHIO:
Section 1. That this Council hereby accepts this General Warranty Deed for property located at 181 Granville Street; said Deed attached hereto as EXHIBIT A, and made a part herein.
Section 2. That this Ordinance shall be in full force and effect after passage by this Council and 30 days after signature approval by the Mayor.