Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Capital Resins Corporation, on behalf of Hansen Properties, LLC, asking that the City sell them a 0.230 acre portion of unimproved right-of-way north of Fornoff Road and south of State Route 104 to Hansen Properties, LLC. Transfer of this right-of-way will allow for the expansion of current production facilities through the installation of a new reactor on 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. It was determined that an active 72 inch storm sewer, maintained by the Division of Sewers and Drains, crosses the parcel in question. Hansen Properties, LLC has agreed to grant an easement to the Division of Sewers and Drains for the aforementioned storm sewer. Based on the granting of the easement to the Division of Sewers and Drains, 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 this right-of-way. A value of $5,200.00 was established for this right-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Hansen Properties, LLC for $5,200.00.
2. FISCAL IMPACT:
The City will receive a total of $5,200.00 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 a 0.230 acre portion of unimproved right-of-way north of Fornoff Road and south of State Route 104 to Hansen Properties, LLC.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from Ca...
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