Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Brick & Mortar Property, LLC. asking that the City sell a 0.021 acre parcel of the Fisher Alley right-of-way, which is adjacent to property owned by Brick & Mortar Property, LLC. Transfer of this right-of-way will facilitate the installation of enhancements and amenities on property currently owned by Brick & Mortar Property, LLC., adjacent to the above noted right-of-way, located at Wall and Gay Streets. 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 these rights-of-way, the City will not be adversely affected by the transfer of these rights-of-way. The Department of Public Service submitted a request to the Department of Law, Real Estate Division, asking that they establish a value for these rights-of-way. A value of $1,829.50 was established for this right-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced rights-of-way be transferred to Brick & Mortar Property, LLC. for $1,829.50.
2. FISCAL IMPACT:
The City will receive a total of $1,829.50 that will be deposited in Fund 7748, Project P537650, as consideration for the transfer of the requested right-of-way.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer a 0.021 acre parcel of the Fisher Alley right-of-way to Brick & Mortar Property, LLC., which is adjacent to property owned by Brick & Mortar Property, LLC. located at Wall and Gay Streets.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from Brick & Mortar Property, LLC. asking that the City transfer a 0.021 acre parcel of the Fisher Alley right-of-way, adja...
Click here for full text