Explanation
1. BACKGROUND:
In 1950, pursuant to Ordinance 383-50, the City of Columbus vacated a portion of a 20 foot alley between the south right-of-way line of East Main Street and the North right-of-way line of East Noble Street, reserving a utility easement for existing utilities. The Department of Public Service recently received a request from IBI Group on behalf of AB 195 East Main LLC, asking that the City release the reserved easement over this area to clear title for this site in order to allow for redevelopment of the site with new retail/residential units. 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 in the attached exhibit to allow for the title to be cleared.
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 utility easement along a portion of a 20 foot alley between the south right-of-way line of East Main Street and the North right-of-way line of East Noble Street; and to authorize the City to receive $500.00 as consideration for releasing the easement. ($0.00)
Body
WHEREAS, in 1950, pursuant to Ordinance 383-50, the City of Columbus vacated a portion of a 20 foot alley between the south right-of-way line of East Main Street and the North right-of-way line of East Noble Street and reserved a utility easement for existing utilities; an...
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