EXPLANATION
BACKGROUND:
The City of Columbus, Ohio, by its Finance and Management Department (“City”), desires to grant American Transmission Systems, Incorporated (“ATSI”), an Ohio corporation, a perpetual easement appurtenant, in, on, over, across, upon, through, and burdening the City’s real property located in the vicinity of the Scioto River at S.R. 257 South, Ostrander, Ohio 43061, Delaware County Tax Parcel(s): 50024001008000 & 50031001002000 (“Easement Area”), which is more fully described within the body of this ordinance.
ATSI will use the Easement Area to install, control, construct, reconstruct, replace, operate, maintain, repair, and remove aerial electric lines, cables, wires, meters, transformers, conduits, poles, and their appurtenances for the transmission and delivery of electrical energy and impulses (collectively, “Improvement”). After investigation by the City, it was determined that the Easement Area requested by ATSI for the Improvement will benefit the City and should be granted for consideration in the amount of Seventy-two Thousand and 00/100 U.S. Dollars ($72,000.00). Therefore, this ordinance authorizes the City’s Director of the Department of Finance and Management to execute those documents prepared and approved by the Columbus City Attorney, Real Estate Division, to quit claim grant an electrical utility easement to ATSI.
CONTRACT COMPLIANCE ?: Not applicable.
FISCAL IMPACT: The City’s receipt of the Seventy-two Thousand and 00/100 U.S. Dollars ($72,000.00) from ATSI will be deposited in Special Purpose Fund 233, Subfund 062, OCA 600223.
TITLE
To authorize the Director of the Department of Finance and Management on behalf of the City of Columbus, Ohio, for consideration of Seventy-two Thousand and 00/100 U.S. Dollars ($72,000.00), to execute those documents prepared and approved by the Columbus City Attorney, Real Estate Division, to quit claim grant a utility easement to American Transmission Systems, Incorporated, an...
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