Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Franklinton Senior, LLC asking that the City sell a portion of the right-of-way identified as the east-west alley, known as Walnut Street, north of Rich Street, between Davis Avenue and Green Street. Transfer of this right-of-way will allow for the construction of multi-family housing for the elderly. 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, the City will not be adversely affected by the transfer of this right-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 this right-of-way. A value of $24,781.00 was established. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Franklinton Senior, LLC for $24,781.00.
2. FISCAL IMPACT:
The City will receive a total of $24, 781.00 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested right-of-way.
3. EMERGENCY JUSTIFICATION:
Emergency action is requested to allow this transfer to occur as soon as possible, thereby allowing Franklinton Senior, LLC to complete their transfer and allow Franklinton Senior, LLC to proceed with construction plans without further delay in order to avoid incurring additional costs that would place strain on the project budget.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer a portion of the Walnut Street right-of-way; and to declare an emergency.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a reques...
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