...EXPLANATION
BACKGROUND:
The City owns real property located at 12075 U S 23, Lockbourne, Ohio 43137, {Pickaway County Tax Parcel D1200020032100} (“Property”). The property is managed by the Department of Finance and Management (“Finance”) and the Department of Public Utilities (“DPU”) and is further described and recorded in Volume 038, Page, 762, Recorder’s Office, Pickaway County, Ohio. The Ohio Power Company, an Ohio corporation doing business as American Electric Power (“AEP”), currently has an easement (“Original Easement”) recorded in Easement Volume 121, Page 716, Recorder’s Office, Pickaway County, Ohio. AEP is currently upgrading the transmission, distribution, and communication lines and appurtenant equipment located in the Original Easement and the City and AEP desire to amend the Original Easement to define the physical boundaries of the right of way and clarify the rights of the parties (“Amended Easement”). Finance and DPU reviewed the amendments and support their adoption provided that (i) the Easement supports electricity transmission, distribution and communication, (ii) that if/when the City has active production wells on the Property, AEP will be subject to the City’s Wellfield Protection Regulations, (iii) the Easement will be nonexclusive, and (iv) AEP pays the City Forty Two Thousand, Four Hundred Thirty-two and 00/100 dollars ($42,432.00) for the Amended Easement.
CONTRACT COMPLIANCE:
Not applicable.
FISCAL IMPACT:
Not applicable
EMERGENCY JUSTIFICATION:
Emergency action is requested in order to allow for the transfer of the Real Estate so that AEP may proceed in a timely manner allowing the Utility Project to be completed without unnecessary delay, which will preserve the public peace, health, property, safety, and welfare.
...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...
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