Explanation
The Public Service Department, Transportation Division, recently received a request from Nationwide Realty Investors, Ltd., asking that the City grant underground foundation encroachment easements into Nationwide Boulevard and John H. McConnell Boulevard for a proposed office building at 225 West Nationwide Boulevard. After investigation it has been determined that the granting of the requested encroachment easements will not adversely affect the City's continued use of the Nationwide Boulevard and the John H. McConnell Boulevard right-of-way and that the requested encroachment easements should be granted. A value of $1,000.00 was established for the granting of these encroachment easements, however, Land Review Commission voted to recommend the necessary encroachment easements be granted at no charge. The mitigating circumstances cited were the continued development of the old Pen Site, the willingness of the petitioner to absorb the cost of any utility relocation necessary to construct this office building, the dramatic increase in tax revenue to be generated by the continued development of the old Pen Site; and the continuation of the development of the Arena District.
Title
To authorize the Public Service Director to execute those documents required to grant encroachment easements into Nationwide Boulevard and John H, McConnell Boulevard to NWD 225 Nationwide, LLC.
Body
WHEREAS, the City of Columbus, Public Service Department, Transportation Division, recently received a request from Nationwide Realty Investors, Ltd., asking that the City grant underground foundation encroachment easements into Nationwide Boulevard and John H. McConnell Boulevard for a proposed office building at 225 West Nationwide Boulevard; and
WHEREAS, after investigation it has been determined that the granting of the requested encroachment easements will not adversely affect the City's continued use of the Nationwide Boulevard and the John H. McConnel...
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