DEPARTMENT
Real Estate and Asset Management
REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of a resolution authorizing the acceptance by Fulton County, Georgia of title in fee simple of certain real properties from the Building Authority of Fulton County; authorizing the Chairman to execute all documents necessary to effectuate the acceptance of certain real properties and facilities from the Building Authority of Fulton County; 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)
body
REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
Pursuant to Fulton County Code ? 1-117, the Board of Commissioners has exclusive jurisdiction over directing and controlling all property of the County.
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
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 (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
Scope of Work: Pursuant to the terms of the lease agreement between Fulton County and the Building Authority of Fulton County ("Building Authority"), upon the expiration of the subject lease agreement and after repayment of all associated bond debt on all properties itemized within the lease agreement, the County is authorized to obtain fee simple title to all properties subject to the lease agreement.
The Department of Real Estate and Asset Management is requesting the approval of the Fulton County Board of Commissioners to accept (10) tax parcels of real property from...
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