Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Columbus Compact Corporation asking that the City sell a portion of the right-of-way identified as a 3.33 foot wide by 140 foot long portion of the East Main Street right-of-way between Ohio Avenue and Twenty-Second Street, and a 7 foot wide by 56 foot long portion of the Ohio Avenue right-of-way between East Main Street and McAlister Avenue. Transfer of these rights-of-way will allow for the resolution of a number of encroachment issues as well as facilitating enhanced security measures for prospective property owners. 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 and for any future utilities which may be needed to be installed within these rights-of-way, the City will not be adversely affected by the transfer of these rights-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 these rights-of-way. A value of $540.00 was established for these rights-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced rights-of-way be transferred to Columbus Compact Corporation for $540.00.
2. FISCAL IMPACT:
The City will receive a total of $540.00 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested rights-of-way.
3. EMERGENCY JUSTIFICATION:
Emergency action is requested to allow this transfer to occur as soon as possible, thereby allowing Columbus Compact Corporation to complete their transfer and allow Columbus Compact Corporation to proceed with construction plans without further delay in order to avoid incurring addition...
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