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File #: 0310-2007    Version: 1
Type: Ordinance Status: Passed
File created: 2/15/2007 In control: Public Service & Transportation Committee
On agenda: 3/5/2007 Final action: 3/8/2007
Title: To authorize the Director of the Public Service Department to execute those documents required to transfer a 7 ½ ± foot wide strip of right-of-way along the east line of Fourth Street from Gay Street to a point 75 feet ± north thereof, a 6 foot wide strip of right-of-way along the north line of Gay Street from Fourth Street to Fifth Street and all of Young Street from the north right-of-way line of Gay Street to the south right-of-way line of Elm Street to Gay Street Condominiums, LLC at no charge as recommended by the Land Review Commission; to waive the competitive bidding provisions of Columbus City Codes; and to declare an emergency.
Attachments: 1. Ord 0310-2007 Gay Street.pdf
Explanation

The City of Columbus, Public Service Department, Transportation Division, received a request from Jeffrey L. Brown, on behalf of Edwards Companies and Gay Street Condominiums, LLC ("the Developer") asking that the City transfer a 7 ½ ± foot wide strip of right-of-way along the east line of Fourth Street from Gay Street to a point 75 feet ± north thereof, a 6 foot wide strip of right-of-way along the north line of Gay Street from Fourth Street to Fifth Street and all of Young Street from the north right-of-way line of Gay Street to the south right-of-way line of Elm Street to them. The Developer is redeveloping that area bounded by Fourth Street, Gay Street, Grant Avenue and Long Street into a multi unit residential condominium development. Sale of these rights of way will allow for construction of the proposed residential units and ancillary off street parking. Per current Transportation Division practice, comments were solicited from interested parties, including City departments, private utilities and applicable area commissions, before it was determined that there would be no adverse impact to the City upon transfer of these rights-of-way, subject to the retention of a general utility easement for those utilities currently located within the Young Street right-of-way. The Department of Law, Real Estate Division, established a value of $133,424.80 for these rights-of-way. In recognition of the substantial increase in tax revenue, including but not limited to real property and income taxes, generated by the development of this project, in recognition of the value of future land donations or other services being made to the City by the developer and in recognition of the significant improvement this development will make to the neighborhood the Land Review Commission voted to recommend that these rights-of-way be transferred to Gay Street Condominiums, LLC at no charge.

Emergency Justification: Emergency action is requested so that these ri...

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