EXPLANATION
BACKGROUND:
The City manages the Scioto River O’Shaughnessy Reservoir Lands at Delaware County Tax Parcel 600-423-01-009-000, which is also in the vicinity of Dublin Road, Harriott Road, and Glick Road, Powell, Ohio 43065 (the “Reservoir Lands”). The Ohio Edison Company, an Ohio corporation (“OEC”), desires to maintain existing electric distribution facilities (the “Improvement”) located at three (3) separate tracts of real property of the Reservoir Lands. However, no recorded or unrecorded documentation can be found by either the City or OEC authorizing the placement of the Improvement within the vicinity of the Improvement’s existing location at the Reservoir Lands. As a result, OEC requests an easement from the City in order for OEC to appropriately maintain and manage the Improvement now and into the future.
The departments of Recreation and Parks, Public Utilities, and Finance and Management reviewed OEC's easement request and support granting this easement for consideration in the amount of Ten Thousand and 00/100 U.S. Dollars ($10,000.00) from OEC. Accordingly, in consideration of a Ten Thousand and 00/100 U.S. Dollars ($10,000.00) from OEC, this ordinance authorizes the Director of the Department of Finance and Management to execute the instrument(s), as approved by the City Attorney, necessary to quit claim grant to OEC and OEC's successors and assigns a perpetual, nonexclusive easement in, on, over, across, upon, through, and burdening three (3) separate tracts of real property of the Reservoir Lands (collectively, the “Easement Area”), for so long as OEC only uses Easement Area to install, inspect, control, construct, reconstruct, replace, operate, maintain, repair, and remove aerial electric lines, cables, wires, meters, transformers, conduits, poles, and associated appurtenances for the distribution and service of electrical current, energy, communication, and impulses (i.e. Improvement).
FISCAL IMPACT: The City’s receipt of the Ten T...
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