Explanation
BACKGROUND: The City possesses title to a perpetual water and sanitary easement described and recorded in Instrument Number 200701190011563, Recorder’s Office, Franklin County, Ohio (“Easement”). The Easement burdens real property located in the vicinity of Souder Avenue and Mount Carmel Mall Columbus, Ohio 43215 {Franklin County Tax Parcel 010-305927} (“Servient Estate”) currently owned by Franklinton Apartments I QOZB, LLC, an Ohio limited liability company. The City’s Department of Public Utilities (“DPU”) has reviewed a request by the owners of the Servient Estate to vacate the existing Easement and determined that the Easement is no longer needed as a new easement has been recorded in Instrument Number 202209220134914. DPU has determined that terminating the City’s rights to the Easement does not adversely affect the City and should be granted at no monetary cost.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
Title
To authorize the director of the Department of Public Utilities to execute those document(s) necessary to release the City’s utility easement rights. ($0.00)
Body
WHEREAS, the Department of Public Utilities (“DPU”) received a request from Franklinton Apartments I QOZB, LLC, an Ohio limited liability company, to vacate a utility easement recorded in Instrument Number 200701190011563, Recorder’s Office, Franklin County, Ohio (“Easement”); and
WHEREAS, DPU reviewed the request and determined that the Easement is no longer needed as a new easement was recorded in Instrument Number 202209220134914 and the Easement should be released at no monetary cost; and
WHEREAS, the City intends for the City Attorney to approve all document(s) associated with this ordinance; and now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of the Department of Public Utilities (“DPU”) is authorized to execute any document(s) necessary to release and terminate the util...
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