Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Edwards Communities Development Company, asking that the City sell all of the Pearl Street right-of-way, east of North High Street between 8th and 9th Avenues, as shown on the plat titled “South of Gateway” (Plat Book 118, pages 56-58). Transfer of this right-of-way will facilitate the development of property adjacent to the above noted right-of-way, controlled by Edwards Communities Development Company. 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 $13,380.00 was established for this right-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Edwards Communities Development Company for $13,380.00.
2. FISCAL IMPACT:
The City will receive a total of $13,380.00 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested right-of-way.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer all of the Pearl Street right-of-way, east of North High Street between 8th and 9th Avenues, as shown on the plat titled “South of Gateway” (Plat Book 118, pages 56-58). (AMENDED BY ORD. 3313-2016 PASSED 1/9/2017) (REPEALED BY ORD. 1387-2017; PASSED 6/5/2017)
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from Edwards Communities Development Company ask...
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