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File #: 1751-2017    Version: 1
Type: Ordinance Status: Passed
File created: 6/26/2017 In control: Finance Committee
On agenda: 7/24/2017 Final action: 7/26/2017
Title: To authorize the director of the Department of Finance and Management to execute any documents, as approved by the City Attorney, necessary to release and terminate all of the City’s land restrictions, servitudes, and reversionary interests reserved in a deed described and recorded in Deed Volume 3491, Page 473, Recorder’s Office, Franklin County, Ohio, burdening real property located at 966-968 Highland Street, Columbus, Ohio 43201. ($0.00)
...Explanation

BACKGROUND:

In 1975 the City previously conveyed to Bertha M. Armstrong, real property located at 966-968 Highland Street, Columbus, Ohio 43201 {Franklin County Tax Parcel 010-008848} (“Property”) described and recorded in Deed Volume 3491, Page 473, Recorder’s Office, Franklin County, Ohio (“Deed”). Ordinance Number 1580-75 authorized the City to execute the Deed transferring the Property. Clayton Hall is the current owner of the Property, pursuant to Instrument No. 201305070075301, Recorder’s Office, Franklin County, Ohio. The Property was Disposal Parcel 62 of the Dennison Avenue Conservation Area Urban Renewal Plan R-10, pursuant to Ordinance No. 1129-63, as amended by Ordinance No. 1535-63, as further amended by Ordinance No. 478-65, as further amended by Ordinance No. 1580-69 and recorded in Miscellaneous Record Volume 141, Pages 184-194, and Miscellaneous Record Volume 150, Pages 644-656, Recorder’s Office, Franklin County, Ohio (“Plan”). The Plan required the City to transfer the Property subject to a number of land restrictions, servitudes, and reversionary interests as described in the Deed, including a requirement that the Property not be split or subdivided from the immediately adjacent property, also owned by Bertha Armstrong, being Franklin County Tax Parcel 010-093689 (“Adjacent Property). Mr. Hall, as the current owner of the Property and the Adjacent Property, is requesting all of the City’s land restrictions, servitudes, and reversionary interests in the Deed be released in order to clean the Property’s title, so that he can split and subdivide the Property from the Adjacent Property in order to sell the Property independently of the Adjacent Property. The Department of Finance and Management and Department of Development have reviewed Mr. Hall’s request and determined releasing all of the land restrictions, servitudes, and reversionary interests in the Deed is appropriate, because the Property has been appropriately mana...

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