Explanation
BACKGROUND:
The City possesses title to a parking and walkway easement described and recorded in Instrument Number 200809100137443, Recorder’s Office, Franklin County, Ohio (“Easement”). The Easement burdens real property located at 30 Graceland Boulevard, Columbus, OH 43214 {Franklin County Tax Parcel 010-110286} (“Servient Estate”) for the benefit of the City’s adjacent real property located along the Olentangy River at Franklin County Tax Parcels 010-013366 and 010-110681 (“Kenney Park”). The existing owner of the Servient Estate, Graceland Owner, LLC, an Ohio limited liability company (“Property Owner”), requested the City to release and terminate all its rights to the Easement in order to clean the Servient Estate’s title. The City’s Recreation and Parks Department (CRPD) reviewed the Property Owner’s request and determined releasing and terminating all of the City’s rights to the Easement does not adversely affect the City and should be granted at no monetary cost, because the City no longer needs the Easement to benefit Kenney Park as the Property Owner granted the City a new replacement access, parking, and walkway easement described and recorded in Instrument Number 201603140029936, Recorder’s Office, Franklin County Ohio.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Not applicable.
Title
To authorize the director of the Recreation and Parks Department to execute those document(s), as approved by the City Attorney, necessary to release and terminate all of the City’s easement rights described and recorded in Instrument Number 200809100137443, Recorder’s Office, Franklin County, Ohio. ($0.00)
Body
WHEREAS, the City intends to release and terminate all its parking and walkway easement rights described and recorded in Instrument Number 200809100137443, Recorder’s Office, Franklin County, Ohio (i.e. Easement), because the Easement is no longer needed in order to appropriately access the City’s adjac...
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