Explanation
1. BACKGROUND
The City of Columbus, Department of Public Service, received a request from The Ohio State University asking that the City sell the right-of-way identified as the un-named east-west alley, between Tenth and Eleventh Avenues, between Worthington Street and the first alley east of Neil Avenue. Transfer of this right-of-way will allow for the expansion of current student housing facilities. 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. Then 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 $56,750.00 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 The Ohio State University for $56,750.00.
2. FISCAL IMPACT
The City will receive a total of $56,750.00 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 The Ohio State University to complete their transfer and allow The Ohio State University to proceed with expansion 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 the un-named east-west alley, between Tenth and Eleventh Avenues, between Worthington Street and the first alley east of Neil Avenue to...
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