Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Strait Real Estate LLC 2, Ltd. asking that the City transfer the right-of-way identified as a 30 (thirty) foot wide unnamed alley south of East Fifth Avenue and west of Cleveland Avenue. Transfer of this right-of-way will allow for the resolution of a number of issues regarding property title. Strait Real Estate LLC 2, Ltd. is the owner of property adjacent to the above noted right-of-way.
Per current practice, comments were solicited from interested parties, including City agencies, private utilities and the applicable area commission before it was determined that the City will not be adversely affected by the transfer of this right-of-way.
The Department of Public Service submitted a request to the Department of Law, Real Estate Division, asking that they establish a value for these rights-of-way. A value of $31,200.00 was established. After review of the request, it has been determined that this parcel is landlocked. Due to this finding and in consideration of the dedication of certain parcels of right-of-way required for an ongoing CIP project in the area [Fifth Avenue Streetscape Improvements Project (2369 Dr. E)], at no cost to the City of Columbus by Strait Real Estate LLC 2, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Strait Real Estate LLC 2, Ltd. at no cost.
2. FISCAL IMPACT:
N/A
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer the 30 (thirty) foot wide unnamed alley south of East Fifth Avenue and west of Cleveland Avenue to Strait Real Estate LLC2, Ltd.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from Strait Real Estate LLC 2, Ltd. asking that the City transfer the 30 (thirty) foot wide unnamed alley south of East Fifth Avenue and west of Cleveland Avenue to them; and ...
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