Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from The Ohio State University asking that the City sell the rights-of-way identified as the unnamed 15 (fifteen) foot east/west alley, south of Eleventh Avenue, from Hunter Avenue to Highland Avenue, and the unnamed 20 (twenty) foot north/south alley, between Highland and Hunter Avenues. Transfer of these rights-of-way will facilitate the future construction of a proposed student residential project. Per current practice, comments were solicited from interested parties, including City agencies, private utilities and the applicable area commission, before it was determined that, subject to the retention of a general utility easement for those utilities currently located within these rights-of-way, the City will not be adversely affected by the transfer of these rights-of-way. Then 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 $24,900.00 was established for these rights-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced rights-of-way be transferred to The Ohio State University for $24,900.00.
2. FISCAL IMPACT:
The City will receive a total of $24,900.00 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested rights-of-way.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer the unnamed 15 (fifteen) foot east/west alley, south of Eleventh Avenue, from Hunter Avenue to Highland Avenue, and the unnamed 20 (twenty) foot north/south alley, between Highland and Hunter Avenues to The Ohio State University.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from The Ohio State University asking that the City transfer the unnamed 15 (fifteen) foot ...
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