Explanation
BACKGROUND:
The City of Columbus, Ohio ("City") possesses parking easement rights described in an easement agreement between the City and Burgess & Niple, Limited, an Ohio limited partnership association, recorded in Deed Book 12191, Page D01 (“Old Easement”), Recorder's Office, Franklin County, Ohio. The successor-Grantor of the Old Easement, Burgess & Niple, Inc. (“B&N”), an Ohio corporation, requests the City to release the City’s parking easement rights described in the Old Easement. The City’s Recreation and Parks Department reviewed, approved, and determined releasing the City’s parking easement rights in the Old Easement does not adversely affect the City and should be granted at no cost, because B&N granted the City new, replacement parking easement rights described and recorded in Instrument Number 201308020130311 (“New Easement”), Recorder’s Office, Franklin County, Ohio. Therefore, this legislation authorizes the Director of the Recreation and Parks Department to execute those documents prepared by the Columbus City Attorney, Real Estate Division, necessary to release to B&N the City's parking easement rights in the Old Easement.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Not applicable.
Title
To authorize the Director of the Recreation and Parks Department to execute those documents prepared by the City Attorney, Real Estate Division, to release to Burgess & Niple, Inc.the City's parking easement rights described and recorded in Deed Book 12191, Page D01, Recorder's Office, Franklin County, Ohio. ($0.00)
Body
WHEREAS, the City of Columbus, Ohio ("City") possesses parking easement rights described in an easement agreement between the City and Burgess & Niple, Limited, an Ohio limited partnership association, and recorded in Deed Book 12191, Page D01 (“Old Easement”), Recorder's Office, Franklin County, Ohio;
WHEREAS, the Old Easement is attached to this ordinance as Exhibit-A;
WHEREAS, the successor...
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