Explanation
1. Background
In 2022, pursuant to Ordinance 2194-2022 the City of Columbus transferred a portion of Outerbelt Street within a Quitclaim Deed per instrument number 202211220160078 in Franklin County and subject to a general utility easement. The Department of Public Service recently received a request from the property owner, AH Columbus, LLC, a California limited liability company, asking that the City release this easement over the property they own within this area to clear title to secure related bank loans. After receiving this request, the Department of Public Service Division of Infrastructure Management verified with all public and private utility companies that there are no public utilities or need for this easement, located within the requested area, and that they have no objections to this portion of easement being released.
The following legislation authorizes the Director of the Department of Public Service to execute those documents necessary to release the portion of easement as described below and within the attached exhibit, to allow for the property to clear title to secure related bank loans.
2. Fiscal Impact
The City will receive a total of $500.00, to be deposited in Fund 7748, Project P537650, for granting the request to release the easement.
Title
To authorize the Director of the Department of Public Service to execute those documents necessary to release a portion of the Outerbelt Street easement to allow for the property to clear title to secure related bank loans. ($500.00)
Body
WHEREAS, in 2022, pursuant to Ordinance 2194-2022 the City of Columbus transferred a portion of Outerbelt Street within a Quitclaim Deed per instrument number 202211220160078 in Franklin County and subject to a general utility easement; and
WHEREAS, the Department of Public Service recently received a request from the property owner, AH Columbus, LLC, a California limited liability company, asking that the City release this easement over t...
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