Explanation
1. BACKGROUND:
In 1947, pursuant to Ordinance 383-47, the City of Columbus vacated a portion of Broderick Street between the east right-of-way line of May Avenue and the west right-of-way line of Anson Street and reserved a utility easement for existing utilities. The Department of Public Service recently received a request from Gravity Project, LLC, an Ohio limited liability company, asking that the City release the reserved easement over this area to clear title and allow the redevelopment of the site with a mixed-use, 5 story building and a 564 space parking garage. After receipt of this request the Department of Public Service Division of Infrastructure Management verified with all the public and private utility companies that there are no public utilities or need for this easement located within the requested area, and that they have no objections to this portion of the easement being released. The following legislation authorizes the Director of the Department of Public Service to execute those documents necessary to release the portions of easement described below and attached exhibit to allow the redevelopment of the real property.
2. Fiscal Impact
The City will receive a total of $500.00, to be deposited in Fund 7748, Project P537650, for releasing of the easement so the property can be redeveloped.
Title
To authorize the Director of the Department of Public Service to execute those documents necessary to release the utilities easement for a portion of Broderick Street between the east right-of-way line of May Avenue and the west right-of-way line of Anson Street to allow a clear title for Gravity Project, LLC to redevelop the site. ($0.00)
Body
WHEREAS, in 1947, pursuant to Ordinance 383-47, the City of Columbus vacated a portion of Broderick Street between the east right-of-way line of May Avenue and the west right-of-way line of Anson Street and reserved a utility easement for existing utilities; and
WHEREAS, the Department o...
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