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FINANCE COMMITTEE
MINUTES OF THE REGULAR MEETING
April 01,2014
GREG ANDERSON, CHAIR
CHERYL L. BROWN, COUNCIL SECRETARY/DIRECTOR
MINUTES
OF THE REGULAR MEETING of the Council of the City of Jacksonville, held in
Council Chambers, City Hall,
Jacksonville, Florida, April 01,2014.
The meeting was called to order at 9:05 A.M. by Committee Chair Greg
Anderson. The meeting adjourned at 12:08 P.M.
Members
in Attendance: Staff
Attendance:
CM Greg Anderson, Chair Paula Shoup, Legislative Asst.
CM Stephen Joost, Vice Chair- Arrived 9:30 Kirk Sherman, Council Auditor
CM
Reggie Brown – Arrived 9:08 Janice Billy, Sr. Asst. Auditor
CM
Richard Clark Jeff Clements, Chief of Research
CM
John Crescimbeni – Arrived 9:07 Paige Johnston, General Counsel
CM Johnny Gaffney- Early Excusal 10:56 Margo Klosterman, Administration
CM Matt Schellenberg – Early Excusal 11:20
CM
Clary Yarborough - Excused
CM Lumb - Excused
Others in Attendance:
CP Gulliford (14-92) Charlie
Rocheleau, Haskell Co (14-190)
CM Redman (14-92) Jody
Brooks, GC (14-190)
CM Daniels (14-92) Dianne
Moser (14-148)
Chris Hand Matt
Shirk (14-177)
Joe Whitaker (14-229) Kurtis
Wilson (14-229)
Tyra Tutor, Adecco Group
(14-229) Emily Pierce,
Tamaya Dev (14-169)
Tom Goldsbury (14-92) Mike Vizzi,
Tamaya Dev (14-169)
Cathy Meyer 14-92) Bill
Joyce (14-169)
Jerry Holland (14-168) John
Jones (14-169)
Jim Robison (14-190)
1.
2014-6 AN ORDINANCE CONCERNING A
CONTINUATION GRANT; APPROPRIATING $1,200,000 OF HOME INVESTMENT PARTNERSHIP
PROGRAM INCOME TO COVER ADMINISTRATIVE COSTS ($60,000) AND COMMUNITY HOUSING
DEVELOPMENT ORGANIZATION (CHDO) DEVELOPMENT PROGRAM ($1,140,000) THAT WILL
ASSIST IN LEVERAGE FOR COMPLETION OF ONGOING PROJECTS ($727,436.33 FOR THE 1ST
STREET PROJECT AND $412,563.67 FOR THE 8TH STREET PROJECT), AS INITIATED BY
B.T. 14-015; PROVIDING A CARRYOVER OF FUNDS FROM YEAR TO YEAR UNTIL SUCH FUNDS
ARE EXPENDED OR LAPSE ACCORDING TO THE ORIGINATING STATE OR FEDERAL PROGRAM
GRANT; PROVIDING AN EFFECTIVE DATE; 1/22/2014
- Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to AMEND and APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
2.
2014-92 AN ORDINANCE
APPROPRIATING $101,840 FROM ACCOUNT TO BE DETERMINED TO AN ACCOUNT TO BE
DETERMINED FOR REPAIRS TO THE FLORIDA THEATRE BUILDING'S 4TH AND 5TH FLOORS TO
PREPARE FLOORS TO BE RENTED TO A THIRD PARTY; DESIGNATING STANDARD LEASE
AGREEMENTS FOR THE LEASING OF OFFICE SPACE IN THE FLORIDA THEATRE BUILDING;
PROVIDING FOR AND AUTHORIZING CONTINUED FUTURE USE OF SUCH STANDARD LEASE
AGREEMENTS WITH NO FURTHER ACTION BY CITY COUNCIL; CREATING NEW SECTION 111.550
(FLORIDA THEATRE MAINTENANCE TRUST FUND), PART 5(PUBLIC WORKS, UTILITIES, AND
INFRASTRUCTURE), CHAPTER 111 (SPECIAL REVENUE AND TRUST ACCOUNTS), ORDINANCE
CODE; PROVIDING AN EFFECTIVE DATE; 2/4/2014
- Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
RULES: March 03, 2014
Recommend to AMEND and APPROVE.
REPORT OF THE COMMITTEE ON FINANCE:
April 01, 2014
Recommend to AMEND and APPROVE.
AYES - Brown, Clark,
Gaffney, Joost, Yarborough, ( 5 )
NAYS - Crescimbeni,
Schellenberg, ( 2 )
_____________________
3.
2014-148 AN ORDINANCE AMENDING
CHAPTER 33 (EMPLOYEE SERVICES DEPARTMENT), PART 1 (DEPARTMENT ESTABLISHED),
SECTION 33.103 (AGREEMENTS FOR VOLUNTEER WORKERS AUTHORIZED), ORDINANCE CODE,
SO AS TO ALLOW FOR LONGER TERMS FOR VOLUNTEER SERVICES AGREEMENTS; AMENDING
CHAPTER 33 (EMPLOYEE SERVICES DEPARTMENT), PART 1 (DEPARTMENT ESTABLISHED) TO
CREATE A NEW SECTION 33.104 (AGREEMENTS WITH COLLEGES, UNIVERSITIES, AND
VOCATIONAL TRAINING SCHOOLS FOR STUDENT WORKERS (PAID OR UNPAID) AUTHORIZED) SO
AS TO ALLOW THE CITY TO ENTER INTO AGREEMENTS WITH SCHOOLS FOR STUDENT WORKERS;
PROVIDING AN EFFECTIVE DATE; 3/4/2014
- Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
RULES: March 31, 2014
Recommend to APPROVE.
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
4.
2014-166 AN ORDINANCE
APPROPRIATING $3,244 FROM THE JESSIE BALL DUPONT GRANT TO FUND A FACT FINDING
MISSION TO EXPLORE THE FEASIBILITY OF DEVELOPING IN JACKSONVILLE AN INNOVATIVE
ECONOMIC DEVELOPMENT COLLABORATIVE SIMILAR TO ONE THAT HAS BEEN SUCCESSFUL IN
THE CLEVELAND, OHIO AREA THROUGH A PARTNERSHIP WITH THE UNIVERSITY OF
MARYLAND'S DEMOCRACY COLLABORATIVE, AS INITIATED BY B.T. 14-038; PROVIDING AN
EFFECTIVE DATE; 3/18/2014
- Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to AMEND and APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
5.
2014-168 AN ORDINANCE
APPROPRIATING $507,474 FROM GENERAL FUND FOR THE PURPOSE OF RECOGNIZING AND
CAPTURING SAVINGS FROM THE 2012-2013 FISCAL YEAR TO REDUCING SUPERVISOR OF
ELECTIONS' BANKING FUND DEBT AS PERMITTED BY ORDINANCE 2012-143-E AND CODIFIED
IN SECTION 110.506(B), ORDINANCE CODE; PROVIDING AN EFFECTIVE DATE; 3/18/2014 - Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to APPROVE.
AYES - Brown, Clark,
Crescimbeni, Schellenberg, Yarborough, ( 5 )
_____________________
6.
2014-174 A RESOLUTION, UPON AN
ACKNOWLEDGEMENT OF DUE AUTHORIZATION AND THE MAKING OF FINDINGS, APPROVING THE
ISSUANCE BY THE JACKSONVILLE HOUSING FINANCE AUTHORITY OF ITS MULTIFAMILY
HOUSING REVENUE BONDS (CATHEDRAL TERRACE APARTMENTS), SERIES 2014, IN AN
AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $16,000,000 FOR THE PURPOSE OF
FINANCING THE ACQUISITION, REHABILITATION, AND EQUIPPING OF A MULTIFAMILY
RENTAL HOUSING DEVELOPMENT FOR PERSONS OF LOW, MIDDLE, OR MODERATE INCOME,
LOCATED IN THE CITY OF JACKSONVILLE, FLORIDA, AND TO BE KNOWN AS
"CATHEDRAL TERRACE APARTMENTS"; DETERMINING CREDIT NOT BEING PLEDGED;
PROVIDING AN EFFECTIVE DATE; 3/18/2014
- Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
7.
2014-175 A RESOLUTION, UPON AN
ACKNOWLEDGEMENT OF DUE AUTHORIZATION AND THE MAKING OF FINDINGS, APPROVING THE
ISSUANCE BY THE JACKSONVILLE HOUSING FINANCE AUTHORITY OF ITS MULTIFAMILY
HOUSING REVENUE BONDS (CAROLINE OAKS APARTMENTS), SERIES 2014, IN AN AGGREGATE
PRINCIPAL AMOUNT NOT TO EXCEED $6,000,000 FOR THE PURPOSE OF FINANCING THE
ACQUISITION, CONSTRUCTION, AND EQUIPPING OF A MULTIFAMILY RENTAL HOUSING
DEVELOPMENT FOR PERSONS OF LOW, MIDDLE, OR MODERATE INCOME, LOCATED IN THE CITY
OF JACKSONVILLE, FLORIDA, AND TO BE KNOWN AS "CAROLINE OAKS
APARTMENTS"; DETERMINING CREDIT NOT BEING PLEDGED; PROVIDING AN EFFECTIVE
DATE; 3/18/2014 - Read 2nd &
Rerefer
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
8.
2014-177 A RESOLUTION DECLARING
THAT A NEED EXISTS FOR MORE EFFICIENT USE OF THE CIVIL CITATION PROCESS FOR
ELIGIBLE FIRST-TIME MISDEMEANOR OFFENDERS; PROVIDING AN EFFECTIVE DATE; 3/18/2014 - Read 2nd & Rerefer
REPORT OF THE COMMITTEE ON
RULES: March 31, 2014
Recommend to APPROVE.
REPORT OF THE COMMITTEE ON
PUBLIC HEALTH & SAFETY: March 31, 2014
Recommend to APPROVE.
REPORT OF THE COMMITTEE ON
FINANCE: April 01, 2014
Recommend to APPROVE.
AYES - Brown, Clark,
Crescimbeni, Joost, Schellenberg, Yarborough, ( 6 )
_____________________
9.
2014-189 AN ORDINANCE
APPROPRIATING $309,000 FROM THE 2011 AUTHORIZED CAPITAL PROJECTS ACCOUNT TO
PURCHASE 1,030 PERSONAL ESCAPE SYSTEMS, AS RECOMMENDED BY THE NATIONAL FIRE
PROTECTION ASSOCIATION (NFPA) 1983 LIFE ROPE SAFETY & EQUIPMENT FOR
EMERGENCY SERVICES 2012 EDITION AND AS INITIATED BY B.T. 14-041; REQUESTING ONE
CYCLE EMERGENCY PASSAGE; PROVIDING AN EFFECTIVE DATE
Recommend
to AMEND and APPROVE as an EMERGENCY measure.
AYES
- Brown, Clark, Crescimbeni, Joost, Yarborough, ( 5 )
_____________________
10.
2014-229 A RESOLUTION MAKING
CERTAIN FINDINGS, AND APPROVING AND AUTHORIZING THE EXECUTION OF AN ECONOMIC
DEVELOPMENT AGREEMENT BETWEEN THE CITY OF JACKSONVILLE ("CITY") AND
ADECCO, INC. ("COMPANY"), TO SUPPORT THE EXPANSION OF THE COMPANY'S
OPERATIONS IN JACKSONVILLE, FLORIDA (THE "PROJECT"); RECOMMENDING
THAT THE COMPANY BE APPROVED BY THE STATE OF FLORIDA'S DEPARTMENT OF ECONOMIC
OPPORTUNITY AS A QUALIFIED TARGET INDUSTRY ("QTI") BUSINESS WITH A
HIGH IMPACT SECTOR, PURSUANT TO SECTIONS 288.108, FLORIDA STATUTES; EVIDENCING
A COMMITMENT OF CITY SUPPORT IN AN AMOUNT NOT TO EXCEED $222,000 AS THE LOCAL
FINANCIAL SUPPORT UNDER THE QUALIFIED TARGET INDUSTRY TAX REFUND PROGRAM
PAYABLE OVER MULTIPLE YEARS PER GUIDELINES SET BY THE STATE DEPARTMENT OF
ECONOMIC OPPORTUNITY, WITH A STATE MATCH OF $888,000, FOR A TOTAL CITY AND
STATE QTI AMOUNT OF $1,110,000 FOR 185 JOBS; AUTHORIZING A COUNTYWIDE ECONOMIC
DEVELOPMENT FUND GRANT OF UP TO $185,000 ("CEDF GRANT");
APPROPRIATING FUNDS NOT TO EXCEED $185,000; PROVIDING A CARRYOVER OF FUNDS FROM
YEAR TO YEAR UNTIL SUCH FUNDS ARE EXPENDED OR LAPSE ACCORDING TO THE AGREEMENT;
APPROVING AND AUTHORIZING EXECUTION OF DOCUMENTS BY THE MAYOR AND CORPORATION
SECRETARY; AUTHORIZING APPROVAL OF TECHNICAL AMENDMENTS BY THE EXECUTIVE
DIRECTOR OF THE OED; PROVIDING FOR CITY OVERSIGHT BY THE OED; TIMELINE FOR
EXECUTION OF AGREEMENT BY THE COMPANY; WAIVER OF THE PUBLIC INVESTMENT POLICY
ADOPTED BY RESOLUTION 2006-119-A AS AMENDED BY ORDINANCE 2012-213-E TO PROVIDE
FOR A COUNTYWIDE ECONOMIC DEVELOPMENT GRANT; PROVIDING AN EFFECTIVE DATE
Recommend
to AMEND and APPROVE as an EMERGENCY measure.
AYES
- Brown, Clark, Crescimbeni, Gaffney, Schellenberg, Yarborough, ( 6 )
_____________________
2ND
READINGS
11.
2014-185 AN ORDINANCE REPEALING
SECTION 30.704 (JHFA), ORDINANCE CODE; CREATING A NEW CHAPTER 52 (JACKSONVILLE
HOUSING FINANCE AUTHORITY), ORDINANCE CODE; REPEALING THE LOCAL GOVERNMENT
SUPPORT REVOLVING TRUST FUND AND POLICY ESTABLISHED BY ORDINANCE 2008-497-E;
REPEALING THE JHFA LOAN TRUST FUND LOAN POLICY ESTABLISHED BY ORDINANCES
2008-497-E AND 2005-197-E; APPROPRIATION; PURPOSE; REPEALING SECTION 111.610,
(JACKSONVILLE HOUSING FINANCE AUTHORITY (JHFA) LOAN TRUST FUND), ORDINANCE
CODE; PROVIDING FOR CURRENT JHFA MEMBERS TO CONTINUE IN THEIR TERMS UNCHANGED;
PROVIDING FOR JHFA AS A LEGAL ENTITY TO CONTINUE WITHOUT LAPSE PRIOR TO THE
ENACTMENT OF THE NEW CHAPTER 52; PROVIDING FOR LIBERAL CONSTRUCTION;
AUTHORIZING THE COUNCIL AUDITOR'S AND GENERAL COUNSEL'S OFFICE TO MAKE
TECHNICAL AMENDMENTS; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE
_____________________
12.
2014-187 AN ORDINANCE CONCERNING
A CONTINUATION GRANT; APPROPRIATING $165,426.79 BY (1) APPROPRIATING TO THE
CITY OF ATLANTIC BEACH $649.79 IN COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
INCOME RECAPTURED FROM THE SALE OF THE PROPERTY AT 45 ROBERT STREET
REHABILITATED UNDER THE CITY OF ATLANTIC BEACH PROGRAM TO PROVIDE FUNDING FOR
AREA NEIGHBORHOOD INFRASTRUCTURE PROJECTS, AS INITIATED BY B.T. 14-009, AND (2)
APPROPRIATING $164,777.00 IN COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO
COMMUNITY REHABILITATION CENTER FOR IMPROVEMENT OF ITS FACILITY AT 623
BEECHWOOD STREET, INCLUDING REPLACING THE HVAC SYSTEM, EXPANDING THE KITCHEN,
AND RENOVATING THE FRONT ENTRANCE AND SERVICE AREA, IN ORDER TO SERVE 100 LOW
AND MODERATE INCOME CLIENTS CHALLENGED WITH MENTAL HEALTH, SUBSTANCE ABUSE, AND
HIV/AIDS ISSUES, AS INITIATED BY B.T. 14-036; PROVIDING A CARRYOVER OF FUNDS
FROM YEAR TO YEAR UNTIL SUCH FUNDS ARE EXPENDED OR LAPSE ACCORDING TO THE
ORIGINATING STATE OR FEDERAL PROGRAM GRANT; PROVIDING AN EFFECTIVE DATE
_____________________
13.
2014-188 AN ORDINANCE
APPROPRIATING $11,269.24 ($2,769.24 FROM THE FLORIDA DEPARTMENT OF
TRANSPORTATION (FDOT) AND UP TO $8,500.00 FROM THE JACKSONVILLE CHAMBER OF
COMMERCE) BY REALLOCATING UNSPENT FUNDS FROM THE CONTRACT ADMINISTRATION AND
ENGINEERING/DESIGN ACCOUNT TO THE OTHER CONSTRUCTION ACCOUNT SO AS TO ALIGN
SUCH FUNDS WITH THE APPROPRIATE TASK, AS AMENDED BY THE FDOT IN LOCAL AGENCY
PROGRAM SUPPLEMENTAL NUMBER THREE TO THE WEST CENTRAL CIVIC CORE AGREEMENT FOR
THE CURRENT JACKSONVILLE CHAMBER OF COMMERCE LANDSCAPE PROJECT, AS INITIATED BY
B.T. 14-037; PROVIDING A CARRYOVER OF FUNDS TO FISCAL YEAR 2014-2015; AMENDING
THE 2013-2018 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM APPROVED BY ORDINANCE
2013-465-E TO PROVIDE FUNDING FOR THE PROJECT ENTITLED "CIVIC CORE -
DOWNTOWN ENHANCEMENTS"; PROVIDING FOR AN EFFECTIVE DATE
_____________________
14. 2014-190
AN ORDINANCE APPROPRIATING $2,000,000 FROM THE RIVERWALK DEVELOPMENT
PROJECT TO PROVIDE ADDITIONAL FUNDING FOR SOUTHBANK RIVERWALK IMPROVEMENTS;
AMENDING THE 2013-2018 FIVE YEAR CAPITAL IMPROVEMENT PROGRAM APPROVED BY
ORDINANCE 2013-465-E FOR THE PROJECTS ENTITLED "SOUTHBANK RIVERWALK
IMPROVEMENTS" AND "RIVERWALK DEVELOPMENT"; REQUESTING EMERGENCY
PASSAGE UPON INTRODUCTION; PROVIDING AN EFFECTIVE DATE
_____________________
15.
2014-200 AN ORDINANCE AMENDING
ORDINANCE 2009-211-E BY EXTENDING THE CARRYOVER PERIOD FOR THE SUSTAINABLE
BUILDING PROGRAM THROUGH FISCAL YEAR 2016-2017; PROVIDING FOR CITY OVERSIGHT BY
THE REGULATORY COMPLIANCE DEPARTMENT; PROVIDING AN EFFECTIVE DATE
_____________________
16. 2014-201 AN ORDINANCE APPROVING, AND AUTHORIZING THE
MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO EXECUTE AND DELIVER, A
COOPERATIVE AGREEMENT FOR MEDICAL EXAMINER SERVICES BETWEEN THE CITY OF
JACKSONVILLE AND NASSAU COUNTY FOR REIMBURSEMENT OF MEDICAL EXAMINER SERVICES
PERFORMED FOR NASSAU COUNTY BY THE DISTRICT IV MEDICAL EXAMINER; PROVIDING AN
EFFECTIVE DATE
_____________________
17.
2014-202 AN ORDINANCE APPROVING,
AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO
EXECUTE AND DELIVER, A COOPERATIVE AGREEMENT FOR MEDICAL EXAMINER SERVICES
BETWEEN THE CITY OF JACKSONVILLE AND COLUMBIA COUNTY FOR REIMBURSEMENT OF
MEDICAL EXAMINER SERVICES PERFORMED FOR COLUMBIA COUNTY BY THE DISTRICT IV
MEDICAL EXAMINER; PROVIDING AN EFFECTIVE DATE
_____________________
18.
2014-203 AN ORDINANCE APPROVING,
AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO
EXECUTE AND DELIVER, A COOPERATIVE AGREEMENT FOR MEDICAL EXAMINER SERVICES
BETWEEN THE CITY OF JACKSONVILLE AND HAMILTON COUNTY FOR REIMBURSEMENT OF
MEDICAL EXAMINER SERVICES PERFORMED FOR HAMILTON COUNTY BY THE DISTRICT IV
MEDICAL EXAMINER; PROVIDING AN EFFECTIVE DATE
_____________________
19.
2014-204 AN ORDINANCE APPROVING,
AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO
EXECUTE AND DELIVER, A COOPERATIVE AGREEMENT FOR MEDICAL EXAMINER SERVICES
BETWEEN THE CITY OF JACKSONVILLE AND CORIZON, INC. FOR REIMBURSEMENT OF MEDICAL
EXAMINER SERVICES PERFORMED FOR THE FLORIDA DEPARTMENT OF CORRECTIONS AT
FACILITIES IN REGION 2 FOR WHICH THE DISTRICT 4 MEDICAL EXAMINER'S OFFICE HAS
JURISDICTION; PROVIDING AN EFFECTIVE DATE
_____________________
20.
2014-205 AN ORDINANCE APPROVING,
AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO
EXECUTE AND DELIVER, A COOPERATIVE AGREEMENT FOR MEDICAL EXAMINER SERVICES
BETWEEN THE CITY OF JACKSONVILLE AND CLAY COUNTY FOR REIMBURSEMENT OF MEDICAL
EXAMINER SERVICES PERFORMED FOR CLAY COUNTY BY THE DISTRICT IV MEDICAL
EXAMINER; PROVIDING AN EFFECTIVE DATE
_____________________
21.
2014-206 AN ORDINANCE APPROVING,
AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO
EXECUTE AND DELIVER, A LICENSE AGREEMENT BETWEEN THE CITY OF JACKSONVILLE AND
FORT CAROLINE ATHLETIC ASSOCIATION ("FCAA") FOR THE PURPOSE OF FCAA'S
PURCHASING AND INSTALLING FIELD LIGHTS AND A NEW FENCE AT THE ED AUSTIN
REGIONAL PARK; PROVIDING FOR CITY OVERSIGHT BY THE DEPARTMENT OF PARKS,
RECREATION AND COMMUNITY SERVICES; PROVIDING AN EFFECTIVE DATE
_____________________
22.
2014-208 AN ORDINANCE DECLARING
A PART OF THAT CERTAIN PARCEL OF REAL PROPERTY (R.E. NUMBER 004864-0000)
CONSISTING OF 2.74 ACRES LOCATED SOUTHWEST OF COMMONWEALTH AVENUE NEAR ITS
INTERSECTION WITH IMESON ROAD, IN COUNCIL DISTRICT 10, TO BE SURPLUS TO THE
NEEDS OF THE CITY; AUTHORIZING ITS CONVEYANCE AND AUTHORIZING THE MAYOR AND THE
CORPORATION SECRETARY TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SUCH
CONVEYANCE IN ACCORDANCE WITH THE PROVISIONS OF SUBPART B (REAL PROPERTY
DISPOSITIONS), PART 4 (REAL PROPERTY), CHAPTER 122 (PUBLIC PROPERTY), ORDINANCE
CODE; WAIVING THE PROVISIONS OF SECTION 122.423 (APPRAISAL AT OR BELOW $25,000)
OF CHAPTER 122 (PUBLIC PROPERTY), ORDINANCE CODE, SO AS TO ALLOW CONVEYANCE OF
SAID PARCEL OF REAL PROPERTY TO N.G. WADE INVESTMENT COMPANY, INC. AT NO COST;
PROVIDING AN EFFECTIVE DATE
_____________________