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 for a proposed garage, apartments and some retail space located immediately north of Convention Center Drive and west of the Front Street viaduct. 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 North Front Street and School Alley right-of-way and that the requested encroachment easements should be granted. A value of $2,208.00 was established by the City Attorney's Office, Real Estate Division, 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 willingness of the petitioner to absorb the cost of any utility relocation necessary to construct these improvements and the dramatic increase in tax revenue to be generated by the continued development of the Arena District.
Title
To authorize the Public Service Director to execute those documents required to grant encroachment easements into North Front Street and School Alley to NWD Investments, 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 for a proposed garage, apartments and some retail space located immediately north of Convention Center Drive and west of the Front Street viaduct; 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 North Front Street and School Alley right-of-way; and
WHEREAS, a value of $2,208.00 was ...
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