4427776 Resolution 20-163, “Webb School Property Disposition Approval Emergency Declaration Resolution of 2013”
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A RESOLUTION
20-163
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
June 18, 2013
To declare the existence of an emergency with respect to the need to approve the disposition of District-owned real property located at 1375 Mount Olivet Road, N.E., commonly known as the Webb School and designated for tax and assessment purposes as a portion of Parcel 0141, Lot 47 and Square 4082, Lot 807.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the “Webb School Property Disposition Approval Emergency Declaration Resolution of 2013”.
Sec. 2. (a) The District owns property located at 1375 Mount Olivet Road, N.E., commonly known as the Webb School and designated for tax and assessment purposes as a portion of Parcel 0141, Lot 47 and Square 4082, Lot 807 (“Property”).
(b) The District has not used the Property as a District of Columbia public school since 2008.
(c) The Department of General Services (“DGS”) has determined that the District no longer has a need or use for the Property.
(d) On June 22, 2012, DGS issued a competitive solicitation to identify a charter school tenant for the Property.
(e) On July 19, 2012, the Property was severely damaged by fire. DGS estimates the cost to renovate the damaged facility to be approximately $22 million.
(f) The District selected KIPP DC (“KIPP”) as the charter school tenant for the Property.
(g) A prompt declaration from the Council that the Property is no longer required for public purposes is necessary to execute a lease with KIPP so that KIPP may take advantage of historically low interest rates for its bond financing and quickly commence proposed improvements to the Property.
Sec. 3. The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the Webb School Property Disposition Emergency Approval Resolution of 2013 be adopted on an emergency basis.
Sec. 4. This resolution shall take effect immediately.