Explanation
1. BACKGROUND
By virtue of the plat titled "Park Addition", of record in Plat Book 2, Page 51, Recorder's Office, Franklin County, Ohio, the City of Columbus ("City") is the owner of right-of-way identified as Rail Road Street, from Neil Avenue east to School Alley. Subsequent to the dedication of this right-of-way, the City granted the Columbus, Springfield & Cincinnati Railroad a license to use the north ½ of this road for railway purposes. There is no indication this road was ever vacated as public right-of-way, however the Cleveland, Cincinnati, Chicago & St. Louis Railway Company (a successor to the Columbus, Springfield & Cincinnati Railroad) transferred a portion of this road to Hamilton Parker Company in 1979 and Hamilton Parker Company subsequently transferred this property to Columbus and Southern Power Company. Columbus Southern Power Company in turn transferred this property to NWD Investments, LLC. NWD Investments, LLC recently requested the City quit claim any rights they may have in and to any land falling within the original limits of Railroad Street, as dedicated for public use on that plat titled Park Addition, to clear a cloud on the title to this property. The following legislation authorizes the Director of the Department of Public Service to execute a quitclaim deed, prepared by the City Attorney's Office, which will transfer and release any interest the City may still have in any land falling within the original limits of Rail Road Street as shown on the plat of Park Addition as more fully described in the body of this legislation.
2. FISCAL IMPACT
N/A
Title
To authorize the Director of Public Service to execute a quitclaim deed, prepared by the City Attorney's Office, which will transfer and release any interest the City may still have in any land falling within the original limits of Railroad Street as shown on the plat of Park Addition as more fully described in the body of this legislation; and to the e...
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