Explanation
Background: The City of Columbus, Ohio ("City"), desires to grant the Ohio Power Company ("AEP") a perpetual non-exclusive subsurface easement in, on, under, across, and through City-owned real property commonly know as 4260 Morse Road Columbus, Ohio, Franklin County PID 600-150029. AEP will use the easement area, which is more fully described within the body of this legislation, for the purpose of providing electricity to the City's facilities at 4260 Morse Road Columbus, Ohio. After investigation by the Department of Finance and Management, it was determined that the electrical service provided by the underground power line will benefit the City and should be granted at no charge. The following legislation authorizes the Director of the Department of Finance and Management to execute a Quitclaim Deed of Easement and all ancillary instruments necessary to grant this easement.
Fiscal Impact: N/A
Emergency Justification: Emergency action is requested so to not delay the benefit to the City, which will result from the installation of the electric power line.
Title
To authorize the Director of the Department of Finance and Management to execute a Quitclaim Deed of Easement and all ancillary instruments necessary to grant the Ohio Power Company an easement for the purpose of providing electrical service to City-owned real property at 4260 Morse Road Columbus, Ohio; and to declare an emergency.
Body
WHEREAS, The City of Columbus, Ohio ("City"), desires to grant the Ohio Power Company ("AEP") a perpetual non-exclusive subsurface easement in, on, under, across, and through City-owned real property at 4260 Morse Road Columbus, Ohio; and
WHEREAS, AEP is to use the easement, which is more fully described within the body of this legislation, for the purpose of providing electricity to the to the City's facilities at the aforementioned described real property; and
WHEREAS, after investigation by the Department of Finance and Management, it wa...
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