Explanation
The Public Service Department, Transportation Division, recently received a request from 4MX Partners, LLC, asking that the City grant underground foundation encroachment easements into East Main Street, Washington Avenue, Cherry Street and the alley west of Washington Avenue for a medical office building at 500 East Main Street. After investigation it has been determined that the granting of the requested encroachment easements will not adversely affect the City's continued use of the East Main Street, Washington Avenue, Cherry Street and the alley west of Washington Avenue right-of-way and that the requested encroachment easements should be granted. A value of $2,688.32 was established for the granting of these encroachment easements, however, Land Review Commission voted to recommend the necessary encroachment easements be granted at no charge. The mitigating circumstances cited were the commitment of almost 7 million dollars for construction of the new medical facility; the dramatic increase in real estate taxes to be paid on the property; and the creation of additional jobs in the City.
Title
To authorize the Director of the Public Service Department to execute those documents required to grant encroachment easements into East Main Street, Washington Avenue, Cherry Street and the alley west of Washington Avenue to 4MX Partners, LLC.
Body
WHEREAS, the City of Columbus, Public Service Department, Transportation Division, recently received a request from 4MX Partners, LLC, asking that the City grant underground foundation encroachment easements into East Main Street, Washington Avenue, Cherry Street and the alley west of Washington Avenue for a medical office building at 500 East Main Street; and
WHEREAS, after investigation it has been determined that the granting of the requested encroachment easements will not adversely affect the City's continued use of the East Main Street, Washington Avenue, Cherry Street and the alley ...
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