Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Weinland Park Development, LLC asking that the City sell a 0.039 acre parcel of the undeveloped east/west right-of-way north of Grant Avenue between 8th and 9th Avenues, which is adjacent to property owned by Weinland Park Development, LLC. Transfer of this right-of-way will facilitate the re-development of property currently owned by Weinland Park Development, 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, before it was determined 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 $2,016.00 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 Weinland Park Development, LLC for $2,016.00.
2. FISCAL IMPACT:
The City will not incur an expense. The City will receive a total of $2,016.00 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 0.039 acre parcel of the undeveloped east/west right-of-way north of Grant Avenue between 8th and 9th Avenues to Weinland Park Development, LLC.
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from Weinland Park Development, LLC asking that the City transfer a 0.039 acre parcel of the undeveloped east/west right-of-way north of Grant Avenue between 8th and 9th Avenues, adjacent to property owned by Weinland Park Development, LLC to them; and
WHEREA...
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