Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Northstar Realty asking that the City transfer a 0.038 acre portion (1,655 square feet) of the Dutch Alley right-of-way, south of East Livingston Avenue between South 9th Street and South Washington Avenue. Transfer of this right-of-way will facilitate the residential re-development of property currently owned by Northstar Realty, adjacent to the above noted right-of-way. The Department of Public Service has agreed to transfer the right-of-way as described in the attached exhibit, and extinguish the underlying fee. Per current practice, comments were solicited from interested parties, including City agencies, private utilities and the applicable area commission, before it was determined that, subject to the retention of a general utility easement for those utilities currently located within this right-of-way, 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 $13,240.00 was established for this right-of-way. This request went before the Land Review Commission on January 18, 2018. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Northstar Realty for the amount of $13,240.00.
2. FISCAL IMPACT:
The City will receive a total of $13,240.00 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 0.038 acre portion of the Dutch Alley right-of-way to Northstar Realty; and for the City to receive $13,240.00 for transferring the right-of-way.
Body
WHEREAS, the City of Columbus, Department of Public Service, receiv...
Click here for full text