...Explanation
BACKGROUND:
The City possesses easement rights to a sewer utility easement described and recorded in Deed Volume 1287, Page 503, Recorder’s Office, Franklin County, Ohio (“Easement”). The Easement burdens real property located at 3619 S. Hamilton Road, Columbus, Ohio 43232 {Franklin County Tax Parcel 010-261382} (“Servient Estate”). The existing owner of the Servient Estate, Family Dollar Stores of Ohio, Inc., a Virginia corporation (“Property Owner” - see Ins. 201605270067086, Recorder’s Office, Franklin County, Ohio), requested the City to release and terminate a portion of its rights to the Easement in order to clean the Servient Estate’s title. The City’s Department of Public Utilities (DPU) reviewed the Property Owner’s request and determined releasing and terminating a portion 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 was granted a replacement easement described and recorded in Instrument Number 201401300012303, Recorder’s Office, Franklin County, Ohio.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Not applicable.
...Title
To authorize the Director of the Department of Public Utilities to execute those document(s), as approved by the City Attorney, necessary to release and terminate a portion of the City’s easement rights described and recorded in, Deed Volume 1287, Page 503, Recorder’s Office, Franklin County, Ohio. ($0.00)
...Body
WHEREAS, the City intends to release and terminate a portion of its utility easement rights described and recorded in Deed Volume 1287, Page 503, Recorder’s Office, Franklin County, Ohio (i.e. Easement), because the City acquired a new replacement easement described and recorded in Instrument Number 201401300012303, Recorder’s Office, Franklin County, Ohio;
WHEREAS, the City intends for the City Attorney to approve of all document(s) associated with this ordinance; and
WHEREAS, it has bec...
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