Explanation
1. Background:
The City’s Department of Public Service (DPS) received a request from Johanna Ryan, on behalf of the Ryan Family Trust (“Ryan Trust”) and The Concor Company, LLC., an Ohio limited liability company (“Concor”) asking that the City sell the 0.039 acre unnamed north/south alley west of South 9th Street between Capital and Oak Streets. A 0.017 acre portion shall be deeded to Ryan Trust, and a 0.022 acre portion shall be deeded to Concor. Transfer of this right-of-way will allow for improvements of parking facilities for an existing business located on property currently owned by the Ryan Trust and to provide improved parking facilities for an existing residential property owned by Concor. Per current practice, comments were solicited from interested parties, including City agencies, private utilities, and the applicable area commission before it was determined that, subject to the retention of a general utility easement for those utilities currently located within this right-of-way, the City will not be adversely affected by the transfer of this right-of-way. DPS submitted a request to the City Attorney’s Real Estate Division to establish a value for this right-of-way. Accordingly, the City Attorney’s Real Estate Division established a value of $2,888.00 for this right-of-way. Furthermore, the Ryan Trust agreed to provide an access easement to Rylee Ltd., the owner(s) of the property adjacent to the portion of right-of-way being deeded to Ryan Trust. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to the Ryan Trust and Concor for the total amount of $2,888.00.
Emergency Justification:
Emergency action is requested to allow development of this project to proceed as currently scheduled.
2. FISCAL IMPACT:
The City will receive a total of $2,888.00 that will be deposited in Fund 748, Project 537650, as consideration for the transfer of the requested right-of-way....
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