EXPLANATION
BACKGROUND: The City owns real property located at 4850 West Powell Road, Powell, Ohio 43065 commonly known as the Columbus Zoo and Aquarium (“Zoo”), Delaware County Tax Parcel 319-331-01-003-000 (“Property”), which is managed by the Department of Finance and Management (“Finance”). Due to new construction at the Zoo, an electric service line is needed. The Ohio Power Company, doing business as American Electric Power (“AEP”), will need to install electric lines, infrastructure and associated appurtenances to provide electric service to the Zoo. AEP now requests the applicable electric utility easement burdening a portion of the Property in order to maintain certain electric facilities and associated appurtenances for the service of electrical energy and impulses to the Zoo (“Easement”). The Department of Finance reviewed the request and supports granting AEP the easement in consideration that (i) the Easement supports electricity services to the Property, and (ii), the Easement is nonexclusive.
CONTRACT COMPLIANCE: Not applicable.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
TITLE
To authorize the Director of the Department of Finance and Management to execute and acknowledge any document(s), as approved by the Department of Law, Real Estate Division, necessary to grant to the Ohio Power Company electric utility easements burdening a portion of the City’s real property at 4850 West Powell Road, Powell, Ohio 43065. ($0.00)
BODY
WHEREAS, the City owns property located at 4850 West Powell Road, Powell, Ohio 43065 {Delaware County Tax Parcel 319-331-01-003-000} (“Property”); and
WHEREAS, the City intends to grant The Ohio Power Company, an Ohio corporation doing business as American Electric Power, (“AEP”) an approximate 0.173 acre electric utility easement burdening a portion of the Property in order to install and maintain certain electric facilities and appurtenances for the delivery electrical ener...
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