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 the Fulton County Building Authority.
List of tax parcels to be accepted:
(1) MLK Public Plaza located at Fort Extension Street, Atlanta (Tax ID No. 14-004600102506) and 300 Edgewood Avenue, Atlanta (Tax ID No. 14-004600102514);
(2) Parking Lot, located at Mitchell Street and Peachtree Street, Atlanta (Tax ID Nos. 14-007700060136, 14-007700060144, and 14-007700060151);
(3) Parking Lot, located at 162/166 Mitchell Street, Atlanta (Tax ID Nos. 00-770006058114 and 14-007700060573);
(4) Fulton County Health Department - Oak Hill Teen Clinic, located at 2805 Metropolitan Pkwy, Atlanta (Tax ID No. 14-0100LL0456);
(5) Chattahoochee Hills Fire Department, located at 6615 Rico Road, Palmetto (Tax ID No. 08-240001020655); and
(6) Fulton County Jail, located at 901 Rice Street, Atlanta (Tax ID No. 14-0113LL0113);
In accordance with Fulton County Policy the approval of the Fulton County Board of Commissioners is required to accept real property donations.
Community Impact: County services are currently being provided at each of the properties to be returned to the County. Approval to accept fee simple ownership is a corrective action because each of the real properties being conveyed should have previously been conveyed when the bonds were satisfied. Acceptance of the properties will not adversely impact the communities in which the properties are located.
Department Recommendation: The Department of Real Estate and Asset Management recommends that the Board of Commissioners accept the transfer of the real properties that are currently titled in the name of the Building Authority.
Project Implications: Approval of acceptance of the real properties will grant Fulton County fee simple interest and the legal to ability convey and/or lease the subject properties as necessary to maximize their utility for all County residents and visitors.
Community Issues/Concerns: None.
Department Issues/Concerns: None.
History of BOC Agenda Item: None