ORD 2014-06 Adopted ORDINANCE NO. 2014-06
TO AUTHORIZE THE TRANSFER OF REAL ESTATE BELONGING
TO THE CITY TO GREENSTONE NG, LLC
WHEREAS, the City has negotiated with Greenstone NG, LLC relative to
j the construction of an office building on property now owned by the City; and
WHEREAS, as part of the negotiations, the City is to transfer land to
Greenstone NG, LLC and Greenstone NG, LLC is to be responsible for providing Title to
11 the City to a portion of property located in the "Project Jackson" development area; and
WHEREAS, the Mayor and City Council have determined that such
Agreement and exchange of property is in the best interest of the City and is intended to
11 promote economic development.
NOW,THEREFORE, BE IT ORDAINED by the Mayor and City Council of
11 the City of North Augusta, South Carolina, in meeting duly assembled and by the authority
1 thereof, that:
1. The City Administrator is specifically authorized to execute such
documents as necessary to transfer 1.3 ± acres of real estate,
belonging to the City, such property fronting on Bluff Avenue and
being a portion of Tax Map and Parcel Numbers: 007-14-14-001,
007-14-14-003, 007-14-14-012, and 007-14-14-019 to Greenstone,
NG, LLC.
I
2. Said property is generally shown on the Exhibit attached hereto and
consists of that portion of the property from Bluff Avenue to the rear
of the picnic and garden area.
BE IT FURTHER RESOLVED, that the City Administrator is specifically
authorized to finalize any negotiations related to the exchange of properties with the
requirement that the property being received by the City will be deemed generally
11 equivalent in value to the property being conveyed by the City.
DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY
11 COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS
19 4ADAY OF MAY, 2014.
i\l'j1+"
First Reading:
Second Reading: 6 -5 Lark W. Jones, Mayor
1 Third Reading: 5— 19 1 ATTEST:
b ,
Donna B. Young, City lerk
3
"Exhibit to Ordinance No. 2014-06"
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