Explanation
Background: The City of Columbus, Ohio is the holder of a certain sanitary sewer easement to real property located in the vicinity of Third Street and Main Street ~ U.S. Route 62. New Albany Exchange Partners, LLC has requested the City release a portion of the easement, more fully described in the body of this legislation. After investigation, it has been determined that the proposed release of the subject easement will not adversely affect the City and therefore should be granted. The following legislation authorizes the Director of the Department of Public Utilities to execute those instruments necessary to release the aforementioned easement rights.
Fiscal Impact: The $600.00 to be received by the City of Columbus, Department of Public Utilities as consideration for the subject easement will be deposited into the appropriate fund, to be identified by the City Auditor.
Emergency Justification: N/A
Title
To authorize the Director of the Department of Public Utilities to execute those instruments necessary to release a portion of a City owned sanitary sewer easement, located in the vicinity of Third Street and Main Street ~ U.S. Route 62, at the request of New Albany Exchange Partners, LLC.
Body
WHEREAS, the City of Columbus, Department of Public Utilities, is the owner of a certain sanitary sewer easement, located in the vicinity of Third Street and Main Street ~ U.S. Route 62, of by virtue of a recorded instrument in the Franklin County Recorders Office; and
WHEREAS, New Albany Exchange Partners, LLC has requested that a certain portion of the sanitary easement be released; and
WHEREAS, after investigation, the Division of Sewerage & Drainage, has determined that the release of the easement will not adversely affect the operations of the City of Columbus; and
WHEREAS, the Real Estate Division, Department of Law, has determined the value of the release of easements to be $600.00 dollars now, therefore:
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