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New Business

City Council Special Meeting

Economic Development

Meeting Date:

12/15/2022

Real Estate Exchange - Wright Way Ohio, LLC

Submitted By:

Bryan Chodkowski

Department:

Council Committee Review?:

Council Work Session

Date(s) of Committee Review:

12/06/2022

Audio-Visual Needs:

None

Legal Review:

Emergency Legislation?:

Motion/Ordinance/
Resolution No.:

2022-R-7213

Agenda Item Description or Legislation Title

A Resolution Authorizing The City Manager To Enter A Real Estate Exchange Agreement With Wright Way Ohio, LLC.
(first reading)

Purpose and Background

Wright Way Ohio, LLC owns approximately 33 acres of land abutting I-70 behind Cedar Hill Furniture store and would like to exchange this acreage for the City's 67 acres behind Camping World on Old Troy Pike. Wright Way desires this land exchange in furtherance of an interest to develop a Yogi Bear/Jellystone-type campground.

Fiscal Impact

Source of Funds:

N/A

Cost:

N/A

Recurring Cost? (Yes/No):

N/A

Funds Available in Current Budget? (Yes/No):

N/A

Financial Implications:

Attachments

Resolution

Exhibit A

Exhibit A - Exhibit A

Exhibit A - Exhibit B

2022-R-7213