Explanation
1. BACKGROUND:
The City of Columbus, Department of Public Service, received a request from Columbus Metropolitan Housing Authority asking that the City sell a portion of the Gay Street right-of-way north of Broderick Street between Mill Street and May Avenue, and a portion of the Broderick Street right-of-way north of Broad Street between Mill Street and May Avenue. Transfer of these rights-of-way will facilitate the construction of a three story, 100 unit housing facility.
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. Then 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 $37,781.00 was established for these rights-of-way. A request for mitigation was submitted by Columbus Metropolitan Housing Authority and after review of the request and based upon meeting a number of mitigating circumstances, the Land Review Commission voted to recommend a fifty percent reduction in the established value, and the above referenced rights-of-way be transferred to Columbus Metropolitan Housing Authority for $18,890.50.
It has also been determined by The Division of Mobility Options that in order to provide for future accessibility, a 16 foot shared use path easement will be granted by Columbus Metropolitan Housing Authority to the City of Columbus to provide connectivity between May Avenue and Mill Street.
2. FISCAL IMPACT:
The City will receive a total of $18,890.50 that will be deposited in Fund 748, Project 537650 and a 16 foot shared use path easement, as consideration for the transfer of the requested r...
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