Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from the Columbus Regional Airport Authority, asking that the City sell a portion of the Thirteenth Avenue right-of-way east of Sterling Street, and a portion of the unimproved east/west alley north of Thirteenth Street and east of Sterling Street. Transfer of these rights-of-way will facilitate the establishment of a required safety zone for the proposed relocation of the south runway at Port Columbus International Airport. 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 these rights-of-way, the City will not be adversely affected by the transfer of these rights-of-way. The Department of Public Service submitted a request to the Department of Law, Real Estate Division, asking that they establish a value for these rights-of-way. A value of $37,961.00 was established for these rights-of-way. After review of the request, the Land Review Commission voted to recommend a fifty percent reduction in the appraised value and transfer the aforementioned rights-of-way to the Columbus Regional Airport Authority for the amount of $18,980.50.
2. FISCAL IMPACT:
The City will receive a total of $18,980.50 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested rights-of-way.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer a portion of the Thirteenth Avenue right-of-way east of Sterling Street, and a portion of the unimproved east/west alley north of Thirteenth Street and east of Sterling Street to the Columbus Regional Airport Authority.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request ...
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