Minutes 08/08/2006 - Laserfiche WebLink

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AUQust 8. 2006 Background: . This 3.16 parcel of land is the former Manufactured Gas Plant site. This former use has left certain environmental contaminants in the soil, and Columbia Gas has undertaken a remediation of this site in compliance with all applicable state and federal environmental requirements. . Columbia Gas desires to dedicate this property for use as a public park, and it is performing the design and construction of the same. . Once Columbia Gas completes the park, it desires to lease the park to the City for 99 years. Discussion: . The City has worked with NiSource (Columbia Gas) to facilitate the design and construction of the "Fort Nelson Park." NiScource obtained this site after its merger with Columbia Gas of Virginia, Inc. in November 2000. The gas company began its remediation of the property in 1990, and it completed the same in 2005. . The park is the northern terminus the Path of History, and we intend to dedicate and open the park in September 2006. Financial Impact: The rental payment for the entire 99 year term is $100 and due upon commencement of the lease. Staff Recommends: Adoption of proposed resolution. Vision Principle: Neighborhood and Community Transformation. Next Steps Following Council Action: None Motion by Mr. R. Smith, and seconded by Ms. Psi mas, to adopt the following resolution, and was adopted by the following vote: "RESOLUTION AUTHORIZING THE EXECUTION OF THE 99 YEAR GROUND LEASE AND PARK DEVELOPMENT AGREEMENT WITH COLUMBIA GAS OF VIRGINIA FOR THE FORMER MANUFACTURED GAS PLANT SITE, LOCATED GENERALLY AT THE NORTHEAST CORNER OF THE INTERSECTION OF EFFINGHAM STREET AND CRAWFORD PARKWAY TO BE DESIGNATED AS "FORT NELSON PARK". WHEREAS, there is a parcel of land containing approximately 3.16 acres, more or less, located generally at the northeast corner of the intersection of Effingham Street and Crawford Parkway, known generally as the former Manufactured Gas Plant site (the "Property"); and WHEREAS, the Property was in past years used for certain manufacturing purposes, and such use has left certain environmental contaminants in the soil; and Columbia has for some time been involved in remediation of this site, in compliance with applicable state and federal environmental requirements; and WHEREAS, the Property is now owned by Columbia Gas of Virginia ("Columbia"); and WHEREAS, Columbia desires to dedicate the Property to be used as a public park, and is performing such design and construction work for said use, up to a mutually agreed financial cap, and with the Property thereafter to be leased long-term to the City for nominal rent; and WHEREAS, the City agrees that use as a public park IS desirable for the Property; and that it shall be designated as "Fort Nelson Park".