Explanation
BACKGROUND:
The City possesses utility easement rights pursuant to the following nine (9) instruments described and recorded in the Recorder’s Office, Franklin County, Ohio (collectively, “Easements”): (i) Instrument Number 200710050175061; (ii) Deed Book 556, Page 532; (iii) Deed Book 561, Page 195; (iv) Deed Book 1637, Page 312; (v) Deed Book 561, Page 177; (vi) Deed Book 1637, Page 306; (vii) Deed Book 2640, Page 60; (viii) Deed Book 2611, Page 76; and (ix) Deed Book 2640, Page 63. The Easements are burdening real property in the vicinity of East Fifth Avenue and Cleveland Avenue, Columbus, Ohio 43201 {Franklin County Tax Parcel 010-019405}. The existing servient tenement of the Easements, 1047 Cleveland LLC, an Ohio limited liability company (“Developer”), requested the City to release all of the City's rights from the Easements, because the Easements may unnecessarily burden the Developer’s real property. The Department of Public Utilities (DPU) reviewed the Developer’s request and determined releasing all of the City's rights to the Easements does not adversely affect the City and should be granted at no cost, because the City removed, abandoned, or relocated all of the infrastructure associated with the Easements.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Emergency designation is requested in order timely redevelop real property formerly owned by The Timken Company, which will preserve the public peace, property, health, safety, and welfare.
Title
To authorize the director of the Department of Public Utilities to execute those documents, as approved by the City Attorney, necessary to release all of the City's utility easement rights in nine (9) easements burdening a parcel of real property formerly owned by The Timken Company; and to declare an emergency. ($0.00)
Body
WHEREAS, the City intends to release of all of its utility easement rights in the following nine (9) instruments described and recor...
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