Explanation
The City of Columbus, Ohio ("City") holds title to a general utility easement as reserved in Instrument № 200803240044183, Recorder's Office, Franklin County, Ohio. The City of Columbus, Ohio, previously released its reserved water line easement rights in a Release of Easements, Instrument № 201110130130736, Recorder's Office, Franklin County, Ohio. Morse Holding Co., a Delaware corporation, now request for the remaining general utility easement rights be released in exchange for the replacement sanitary, storm, and water line easements given to the City, and recorded as Instrument №s 201101100004970, 201101100004972, and 201101100004974, Recorder's Office, Franklin County, Ohio. The Department of Public Utilities reviewed, approved, and determined that the release of the remaining general utility easement rights described below will not adversely affect the City and should be granted. The following legislation authorizes the Director of the Department of Public Utilities to execute those documents necessary to release the City's right into the real property more fully described in the body of this ordinance.
Fiscal Impact: N/A
Emergency Justification: N
Title
To authorize the Director of the Department of Public Utilities to execute those documents necessary to release unto Morso Holding Co., a Delaware corporation, the City's remaining general utility easement rights in and to certain real property located in the vicinity of Stelzer Road and Morse Road, in exchange for replacement easements previously granted to the City of Columbus.
Body
Whereas, the City of Columbus, Ohio, holds title to a general utility easement as reserved in Instrument № 200803240044183, Recorder's Office, Franklin County, Ohio; and
Whereas, the City of Columbus, Ohio, previously released its reserved water line easement rights in a Release of Easements, Instrument № 201110130130736, Recorder's Office, Franklin County, Ohio; and
Whereas, Morse Holding Co., a Delaware corporation, now request for the remaining general utility easement rights be released in exchange for the replacement sanitary, storm, and water line easements given to the City of Columbus, Ohio, and recorded as Instrument №s 201101100004970, 201101100004972, and 201101100004974, Recorder's Office, Franklin County, Ohio; and
Whereas, the Department of Public Utilities reviewed, approved, and determined that the release of the remaining general utility easement rights described below will not adversely affect the City of Columbus, Ohio; now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Public Utilities be, and hereby is authorized to execute those documents, prepared by the Department of Law, Real Estate Division, necessary to release to Morso Holding Co., a Delaware corporation, its remaining general utility easement rights granted in the following easement of record in Official Records, Recorded in the Recorder's Office, Franklin County, Ohio, to wit:
Instrument References: 200803240044183;
Recorder's Office, Franklin County, Ohio.
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.