...EXPLANATION
BACKGROUND:
The City owns real property located at 1198 East Main Street, Columbus, Ohio 43205 {Franklin County Tax Parcel 010-050816} (“Property”), which is managed by the Department of Finance and Management (“Finance”) and as further described and recorded in Instrument Number 201410030130867, Recorder’s Office, Franklin County, Ohio. The Ohio Power Company, an Ohio corporation doing business as American Electric Power (“AEP”), previously had electric utility facilities located on the Property without any easement rights. AEP recently relocated and reconfigured its electric utility facilities on the Property according to the City’s direction and satisfaction. AEP now requests the applicable electric utility easement to burden a portion of the Property in order to maintain certain electric facilities and associated appurtenances for the distribution, delivery, and service of electrical energy and impulses for both the Property’s benefit and for the benefit of real estate in the Property’s vicinity (“Easement”). Finance reviewed and supports granting AEP the Easement in consideration that (i) the Easement supports electricity services to the Property, (ii) the Easement supports electricity services in the vicinity of the Property, (iii) AEP already relocated and reconfigured its electric utility facilities according to the City’s direction and satisfaction, and (iv) the Easement will be nonexclusive.
CONTRACT COMPLIANCE:
Not applicable.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Not applicable.
...TITLE
To authorize the director of the Department of Finance and Management to execute and acknowledge any document(s), as approved by the City Attorney, necessary to grant to the Ohio Power Company d.b.a. AEP a nonexclusive electric utility easement to burden a portion of the City’s real property at 1198 East Main Street, Columbus, Ohio 43205. ($0.00)
...BODY
WHEREAS, the City intends to support electric services in the vic...
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