EXPLANATION
1. Background:
The City of Columbus, Department of Public Service, received a request from Columbus State Community College asking that the City transfer and extinguish any right-of-way easement for the portion of the Mt. Vernon Avenue right-of-way between Cleveland Avenue and East Spring Street, which is adjacent to property owned by Columbus State Community College. Transfer of the right-of-way and extinguishing any right-of-way easement will facilitate the re-development of property currently owned by Columbus State Community College. The Department of Public Service has agreed to transfer the right-of-way as described below and in the attached exhibit, including extinguishing any right-of-way easements within Mt. Vernon Avenue between Cleveland Avenue and East Spring Street. 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 and the extinguishing of any right-of-way easements. The 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 and right-of-way easement areas. A value of $408,000.00 was established for these areas. Columbus State Community College had submitted a request for mitigation of the cost of the above noted right-of-way. After review of this request, the Land Review Commission voted to recommend the above referenced areas be transferred and extinguished to Columbus State Community College at no cost.
2. Fiscal Impact:
There is no fiscal impact for this transaction. The land is being donated to Columbus State Community College.
Title
To authorize the Director of the Department of Public Service to e...
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