Explanation
In June of 2007, the City of Columbus and the Ohio Power Company, an Ohio corporation ("AEP"), entered into an Interconnection and Local Delivery Service Agreement ("Service Agreement") to establish the terms and conditions of AEP's local transmission, delivery and sale of local electric power and energy to the City. As part of the Service Agreement, the City agrees to accept an easement from AEP and grant an Quitclaim Deed of Easement to AEP necessary for the installation of a Gas Insulated Switchgear and the transmission of electricity to that City owned real property commonly known as the First Avenue Substation (Italian Village), located in the vicinity of 1st Avenue and Waldron Street. The Department of Public Utilities has determined that the electrical service provided by AEP will benefit the City, and that it is in the best interest of the City to grant the easement at no charge in exchange for the easement from AEP. The following legislation authorizes the Director of the Department of Public Utilities to execute a Quitclaim Deed of Easement to AEP and accepts an easement from AEP on behalf of the City.
Fiscal Impact: N/A
Emergency Justification: Emergency action is requested as not to delay the benefit to the City, which will result from the construction, maintenance and installation of the electric equipment.
Title
To accept an easement from the Ohio Power Company, an Ohio corporation, and authorize the Director of the Department of Public Utilities execute a Quitclaim Deed of Easement unto the Ohio Power Company, for the installation of a Gas Insulated Switchgear and the transmission of electricity to that City owned real property commonly known as the First Avenue Substation (Italian Village) and to declare an emergency.
Body
WHEREAS, in June of 2007, the City of Columbus and the Ohio Power Company, an Ohio corporation ("AEP"), entered into an Interconnection and Local Delivery Service Agreement ("Service Agreement"...
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