Explanation
The City of Columbus, Public Service Department, Transportation Division, received a request from I-670/Stelzer Road Limited Partnership asking that the City sell that right-of-way identified as the unimproved portion of Oakland Avenue from the east right-of-way line of Sterling Street to the west right-of-way line of Jetway Boulevard as shown on the plat titled "Dedication of Jetway Boulevard and Runway Street", to them, and that the City release the utility easement rights retained when the 16 foot wide alley between Sterling Street and Floway Drive was vacated by the Franklin County Commissioners in 1965. This right-of-way is currently shown incorrectly on the Franklin County Auditor's records as being a part of a larger unimproved industrial tract owned by I-670/Stelzer Road Limited Partnership. After review of the documents submitted with this request, the Transportation Division staff has determined that there will be no adverse impact to the City upon sale of this right-of-way and the release of the retained easement rights. I-670/Stelzer Road Limited Partnership has informed the City that purchase of this excess right-of-way and release of the retained easement rights will accommodate proposed sale and subsequent development of their adjacent tract. Per existing practice and Land Review Commission policy the Department of Law, Real Estate Division, established a value of $12,480.00 for this right-of-way and the release of the retained easement rights. I-670/Stelzer Road Limited Partnership has agreed to pay $12,480.00 for this right-of-way and the release of the retained easement rights therefore, the Transportation Division recommendation is that this sale and release proceed as proposed.
Fiscal Impact: The City will receive a total of $12,480.00, to be deposited in Fund 748, Project 537650, as consideration for the sale of the requested right-of-way and release of the retained easement rights.
Emergency Justification: I-670/St...
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