Explanation
1. BACKGROUND
Pursuant to Ordinance numbers 697-68, 1973-96, 2406-81, and 2110-2017, the City agreed to transfer various streets and alleys (“right-of-way”) to Battelle Memorial Institute (Battelle) to allow the parcels to be combined by the County Auditor’s Office for a future project. Within the above mentioned ordinances the City retained easements for existing utilities. The Department of Public Service recently received a request from Battelle asking that the City release the reserved easements over these areas to clear title and allow the site to be redeveloped. The project is known as Founders Park and planned to consist of 42 single-family homes, 32 townhomes, 303 apartment units, a 200-unit senior living facility, a 128-key hotel, and 39,000 square feet of retail space, with a private investment of $160M and the creation of 6.0-acres of parkland. Once this legislation is passed, and prior to the Public Service Director executing any documents, the Department of Public Service, Division of Infrastructure Management, will verify with all the public and private utility companies that there are no public utilities or need for these easements located within the requested areas and that they have no objections to these easements being released. The following legislation authorizes the Director of the Department of Public Service to execute those documents necessary to release these easements as described and depicted on the attached exhibit.
2. Fiscal Impact
No City funds will be required for the transfer of these easements.
3. EMERGENCY LEGISLATION
Emergency action is requested to allow Battelle to redevelop the site and meet current development schedules.
Title
To authorize the Director of the Department of Public Service to execute those documents necessary to release easements to clear title so Battelle Memorial Institute can proceed with a development known as Founders Park; and to declare an emergency. ($0.00)
Body
WHEREAS, p...
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