Public Hearing: YES ☐ NO ☒ Department: Executive Assistant - Chief Operating Office
SUBJECT:
Title
Commission District(s): Districts 2 & 6
Authorize the amendment of the real estate exchange agreement to extend the closing date to a date not to exceed June 30, 2022. The County will exchange the Dresden Tag Office site, located at 1358 Dresden Drive, Brookhaven, Georgia for the property located at 3653 Clairmont Road, Chamblee, Georgia which includes a building that will be renovated prior to the exchange so it can serve as the new North Tag Office
Body
Information Contact: Zachary L. Williams, Chief Operating Officer
Phone Number: 404-371-2174
PURPOSE:
To consider authorizing the amendment of the real estate exchange agreement to extend the closing date to a date not to exceed June 30, 2022 for the exchange of the Dresden Tag Office site at 1358 Dresden Drive, Brookhaven, Georgia for 3653 Clairmont Road, Chamblee, Georgia.
NEED/IMPACT:
The Real Estate Exchange Agreement outlines the terms of agreement whereby Upper Valley Acquisitions, LLC will renovate the property located at 3653 Clairmont Road, Chamblee, Georgia and then the County will exchange the Dresden Tag Office located at 1358 Dresden Drive, Brookhaven, Georgia for the proposed new Tag Office at 3653 Clairmont Road, Chamblee, Georgia. The amendment will extend the possible closing date to a date not to exceed June 30, 2022.
Pursuant to O.C.G.A. § 36-9-3, the County will be required to publish notice of the proposed exchange of real property in the Champion Newspaper once a week for four weeks within the six weeks preceding
the closing of the transaction.
FISCAL IMPACT:
At this time, there is no cost to exchange real property.
RECOMMENDATION:
Recommended Action
(1) Adopt the attached Real Estate Exchange Agreement Amendment, dated December 31, 2020 insubstantially final form; (2) authorize the Chief Executive Officer to execute the Real Estate Exchange Agreement Amendment in a form acceptable to the County Attorney or her designee; and (3) authorize the Chief Executive Officer to execute all necessary documents.