Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from James T. Wilson Sr., on behalf of 8+1, LLC, asking that the City sell a 0.218 acre parcel of undeveloped right-of-way, south of Bonham Avenue and east of Cleveland Avenue, which is adjacent to property owned by 8+1, LLC. Transfer of this right-of-way will resolve a number of encroachment issues and facilitate the re-development of property currently owned by 8+1, LLC adjacent to the above noted right-of-way. Per current practice, comments were solicited from interested parties including City agencies, private utilities and the applicable area commission. The City will not be adversely affected by the transfer of this right-of-way. The Department of Public Service submitted a request to the Department of Law, Real Estate Division, asking that they establish a value for this right-of-way. A value of $10,256.00 was established for this right-of-way. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to 8+1, LLC. for $10,256.00.
2. FISCAL IMPACT:
The City will receive a total of $10,256.00 that will be deposited in Fund 7748 Project P537650, as consideration for the transfer of the requested right-of-way.
Title
To authorize the Director of the Department of Public Service to execute those documents required to transfer a 0.218 acre parcel of the undeveloped right-of-way south of Bonham Avenue and east of Cleveland Avenue to 8+1, LLC; and to declare an emergency. ($0.00)
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from 8+1, LLC. asking that the City transfer to them a 0.218 acre parcel of the undeveloped right-of-way, south of Bonham Avenue and east of Cleveland Avenue, adjacent to property owned by 8+1, LLC.; and
WHEREAS, acquisition of the right-of-way will resolve a number of encroachment issues and facilitate the re-development of p...
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