EXPLANATION
BACKGROUND:
The City owns real property located at 555 Nationwide Boulevard, Columbus, Ohio 43215 {Franklin County Tax Parcel 010-066777} (“Burdening Property”), which is managed by the Finance and Management Department (“Finance”). Pursuant to authority granted in Ordinance 2862-2014, the City previously granted approximately 1.346 acres of the Property, which is now known as 589 Nationwide Boulevard {Franklin County Tax Parcel 010-29423} (“Benefitting Property”), to Municipal Light Plant, LLC an Ohio limited liability company (“MLP”), described and recorded in Instrument Number 201412290172002, Recorder’s Office, Franklin County, Ohio.
MLP now requests an easement to maintain and repair pavement and associated appurtenances for vehicular ingress and egress access via a portion of the Burdening Property to and from the Benefitting Property and public right-of-way of Nationwide Boulevard (“Access Easement”). Finance and MLP determined that granting MLP vehicular access via a portion of the Burdening Property to and from the Benefitting Property satisfies Section 30 of the Real Estate Purchase and Sale Contract, which was the basis of MLP’s acquisition of the Benefitting Property (“Contract”). Finance reviewed and supports granting MLP the Access Easement via a portion of the Burdening Property in consideration that the Access Easement satisfies the City’s obligations under the Contract.
CONTRACT COMPLIANCE:
Not applicable.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Emergency action is requested so to not hinder the City’s contractual obligations, which will preserve the public peace, health, property, safety, and welfare.
TITLE
To authorize the director of the Finance and Management Department to execute and acknowledge all instrument(s), as approved by the City Attorney, necessary to grant to the Municipal Light Plant, LLC, an Ohio limited liability company, an easement burdening a portion of the City’s real propert...
Click here for full text