Explanation
Background: The City of Columbus, Ohio,("City") has acquired certain real property interests from TGM Worthington Green, Inc.("TGM") for the purpose of the FRA Hard Road Phase B Project #561001, a road widening and improvement project. By virtue of the City's action in acquiring said real property interests, the City has caused the remaining TGM real property to be non-conforming under the existing City zoning code relative to 'land to building ratios', 'building setback lines', and 'application of the zoning code subsequent to a catastrophic event', resulting in the imposition of undetermined present and future costs and expenses upon TGM. The purpose of this ordinance is to clarify the status of the remaining TGM real property as it relates to the City's existing zoning code, and to eliminate the undetermined TGM costs and expenses which arise as a direct result of the City's acquisition of certain TGM real property interests. Fiscal Impact: N/AEmergency Justification: The City, as part of the real property acquisition process, has filed an appropriation action in Franklin County Common Pleas Court to determine the value of the real property interests acquired from TGM for the FRA Hard Road Phase B Project. Integral to this court action is the potential costs and expenses imposed upon the remaining TGM real property by virtue of the City's acquisition. The City cannot settle this court action until the status of the TGM real property is determined. Therefore, it is in the best interest of the City to immediately pass this ordinance, thereby clearing the way to settle and terminate said court action.
Title
To authorize the Director, Department of Development, to execute an instrument prepared by the Real Estate Division, Department of Law, declaring that certain real property located on Hard Road and owned by TGM Worthington Green, Inc. is non-conforming but legal, and clarifying the status of said real property relative to the exi...
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