Explanation
1. BACKGROUND
1047 Cleveland LLC, an Ohio limited liability company (the "Developer") is engaged in the redevelopment of that tract of land known as the former Timken property. The redevelopment of this site is located at the southwest corner of Cleveland Avenue and 5th Avenue. To facilitate the redevelopment of this site the Developer has agreed to donate to the City of Columbus the right-of-way needed for the improvements proposed by the NCR - Milo Grogan (Fifth Avenue Streetscape Improvements) Project (2369 DR. E). To facilitate a relocation of a proposed private drive In exchange for this donation, the Developer has requested the City abandon as right-of-way and transfer to them that portion of existing Cleveland Avenue approximately 400 feet south of 5th Avenue. The property being transferred to the City by the Developer for use as a private drive totals 0.046 acres and the excess right-of-way to be transferred to the Developer by the City totals 0.045 acres. After investigation and plan review it has been determined the exchange of these parcels of land is in the best interest of both parties and should be authorized subject to the retention of a general utility easement for those utilities currently located within the portion of Cleveland Avenue that is being transferred.
2. FISCAL IMPACT
N/A
3. EMERGENCY DESIGNATION
Emergency action is requested to allow the construction of the proposed improvements to proceed as quickly as possible. Plans are currently being signed and construction of this improvement project is anticipated to begin this construction season.
Title
To authorize the Director of the Department of Public Service to execute those documents, prepared by the Department of Law, Real Estate Division, needed to transfer a portion of existing Cleveland Avenue to 1047 Cleveland LLC, an Ohio limited liability company; to accept proposed right-of-way and permanent easements needed by the City of Columbus for the NCR - Milo Gro...
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