Explanation
In late 2002 the City of Columbus, Public Service Department, Transportation Division ('the City") received a request to sell a 20 foot by 60 foot portion of right-of-way off the north side of Frankfort Street from the alley east of Ebner Street to a point 60 feet west of the alley. There is an existing multi-family house located at 360 to 364 Frankfort Street that was originally constructed (sometime in the late 1800's to early 1900's) partially within this portion of City owned right-of-way. The purpose of the initial request to the City was to allow the owner to resolve this encroachment issue and to clear the cloud on the title to this property as a condition of the sale of this property. Shortly after the City received the initial request to sell this excess right-of-way, the property at 360-364 Frankfort Street was sold to George K. and Margaret S. Gesouras. At the time of closing, funds to pay for this right-of-way were deposited in an escrow account however the matter was left unresolved by the City, the title company and the new property owners.
Per existing Transportation Division practice at the time the initial request was received comments were solicited from interested parties, including City departments and private utilities before it was determined that there would be no adverse impact on the City upon the sale of this right-of-way. Recently the title company and an attorney representing the current owners contacted the City to request this issue be resolved as soon as possible. In December 2007 the City Attorney's office, Real Estate Division established a value of $6,224.40 for this excess right-of-way. The Land Review Commission then voted to recommend that this right-of-way be sold to George K. and Margaret S. Gesouras for the $6,224,40 value established by the Real Estate Division.
Title
To authorize the Director of the Public Service Department to execute those documents required to sell a 20 foot by 60 foot...
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