Explanation
BACKGROUND:
The City of Columbus, Ohio, an Ohio municipal corporation ("City"), holds title to two sewer utility easements described and recorded in Instrument Number 199904090089345, Recorder's Office, Franklin County, Ohio, and Deed Book 589, Page 611, Recorder's Office, Delaware County, Ohio (collectively, "Easement"). The existing servient tenement of the Easement, J.P. Morgan Chase National Corporate Services, Inc., a New York corporation ("Chase"), requests the City to release a certain portion of the City's rights from the Easement, because Chase is conducting construction to upgrade security measures at its corporate facilities located at the servient estate. The City's Department of Public Utilities, Division of Sewerage and Drains, reviewed, approved, and determined releasing certain portions of the City's rights to the Easement does not adversely affect the City and should be granted at no cost, because the portion of easement area Chase requests released is no longer needed and deemed unnecessary by the City. Therefore, this ordinance authorizes the Director of the Department of Public Utilities to execute those documents approved by the Columbus City Attorney, Real Estate Division, necessary to release to the City's rights from the Easement.
CONTRACT COMPLIANCE ?: Not applicable.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to not delay the benefit to the City resulting from Chase upgrading the security at its corporate facility, which preserves the public peace, health, property, safety, and welfare.
Title
To authorize the Director of the Department of Public Utilities to execute those documents approved by the Columbus City Attorney, Real Estate Division, necessary to release a certain portion of the City's sewer utility easement rights described and recorded in Instrument Number 199904090089345, Recorder's Office, Franklin County, Ohio, and Deed Book ...
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