Explanation
1. Background: The City of Columbus, Department of Public Service, received a request from WestBend QOZB, LLC, asking that the City transfer to them 2 portions of the McKinley Avenue right-of-way totaling 0.998 acres, and release 0.122 acres of highway easement. Right-of-way and highway easement areas are adjacent to and abutting at the west of the parcel at 2610 McKinley Avenue i.e. PID 010-146253.
Transfer of this right-of-way and release of the highway easement will allow the incorporation of the right-of-way with the adjacent parcel. The Department of Public Service has agreed to transfer the right-of-way and release the highway easement via a quitclaim deed as described and shown within attached legal descriptions and exhibits, and extinguishes its need for this public right-of-way and highway easement.
Per current practice, comments were solicited from interested parties, including City agencies, private utilities and the applicable area commission, before it was determined that, subject to the retention of a general utility easement for those utilities currently located within this right-of-way and highway easement area, the City will not be adversely affected by the transfer of this right-of-way and the release of the highway easement.
The Department of Public Service submitted a request to the City Attorney’s Office, asking that they establish a value for these above mentioned areas, and a value of $86,943.00 for the portion was established. This value is at a reduced easement retention value.
This request went before the Land Review Commission on March 16, 2023. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred and the referenced highway easement portion be released to WestBend QOZB, LLC at the cost of $86,943.00 and a general utility easement will be retained.
2. FISCAL IMPACT: The City will receive a total of $86,943.00 and the funds are to be dep...
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