DEPARTMENT
Real Estate and Asset Management
REQUESTED ACTION
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Request approval of a Resolution authorizing the acceptance by Fulton County, Georgia of certain leasehold interests held by the Building Authority of Fulton County; of title in fee simple of certain real property owned by the Building Authority of Fulton County; of title in fee simple to all real or personal property, equipment, and assets of any kind, including assets later discovered, from the Building Authority of Fulton County; authorizing the Chairman to execute all documents necessary to effectuate the acceptance of leasehold interests, real property, and any other assets from the Building Authority of Fulton County; authorizing the transfer of a leasehold interest to the City of South Fulton; authorizing the Chairman to execute all documents necessary to effectuate the transfer of a leasehold interest to the City of South Fulton; authorizing the County Attorney to prepare and approve as to form all documents necessary and appropriate to accomplish these transactions; and for other purposes. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
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REQUIREMENT FOR BOARD ACTION
Pursuant to Fulton County Code ? 1-117, the Fulton County Board of Commissioners has exclusive jurisdiction and control over directing and controlling all the property of Fulton County, as they may deem expedient, according to law
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM
Open and Responsible Government
COMMISSION DISTRICTS AFFECTED
All Districts ?
District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?
IS THIS A PURCHASING ITEM?
No
SUMMARY & BACKGROUND
Scope of Work: The Department of Real Estate and Asset Management (DREAM) and the Fulton County Department of Finance are seeking approval from the Fulton County Board of Commissioners to accept the assignment of all leasehold interests held in the name of the Fulton County Building Authority, the transfer of real property located ...
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