Explanation
BACKGROUND: The City owns real property located at 555 Nationwide Boulevard, Columbus, Ohio 43215 {Franklin County Tax Parcel 010-066777} (“Burdened Property”), which is utilized by the Department of Public Utilities, Division of Power, as an electric power station. Pursuant to authority granted in Ordinance 2862-2014, the City previously conveyed an approximate 1.346 acre portion of the electric power station property, which is now known as 589 Nationwide Boulevard {Franklin County Tax Parcel 010-29423} (“Benefited Property”), to Municipal Light Plant, LLC, an Ohio limited liability company (“MLP”), for redevelopment purposes, as described and recorded in Instrument Number 201412290172002, Recorder’s Office, Franklin County, Ohio.
Pursuant to the purchase contract for the sale of the 1.346 acre tract, the City agreed it would enter into an agreement to provide MLP with vehicular access over the Burdened Property from Nationwide Boulevard for the benefit of the Benefited Property. The Department of Finance and Management and Department of Public Utilities reviewed and supports the granting of an access easement to MLP.
CONTRACT COMPLIANCE: Not applicable.
FISCAL IMPACT: Not applicable.
EMERGENCY JUSTIFICATION: Emergency action is requested so to not hinder the City’s contractual obligations and allow redevelopment, which will preserve the public peace, health, property, safety, and welfare.
Title
To authorize the director of the Finance and Management Department to execute and acknowledge all instrument(s), as approved by the City Attorney, necessary to grant to the Municipal Light Plant, LLC, an Ohio limited liability company, a non-exclusive, appurtenant easement burdening a portion of the City’s real property at 555 Nationwide Boulevard, Columbus, Ohio 43215; and to declare an emergency. ($0.00)
Body
WHEREAS, the City supports granting Municipal Light Plant, LLC, an Ohio limited liability company (i.e. MLP), a nonexclusive, appur...
Click here for full text