Explanation
1. Background
The City of Columbus, Department of Public Service, received a request from David Hodge, Underhill & Hodge LLC, on behalf of his client, Caldwell Real Estate, LLC, to sell an approximate 25,500 square-foot portion of the Heaton Place right-of-way. This portion of right-of-way is adjacent to property at 1888 Morse Road that is owned by his client, Caldwell Real Estate, LLC. It runs north/south directionally, is between S. Hulmac Street and Heaton Road, and totals 0.575 acres.
Sale of this right-of-way will accommodate the continued growth and expansion of Caldwell Real Estate, LLC. Caldwell will use this additional space in conjunction with its existing auto sales business. The Department of Public Service has agreed to sell the right-of-way as described and shown within attached legal description and exhibit, and extinguishes its need for this public right-of-way. 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 City Attorney’s Office asking that they establish a value for this right-of-way, and a value of $25,047.00 was established. This request went before the Land Review Commission on August 15, 2019. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to Caldwell Real Estate, LLC, at the cost of $25,047.00.
2. FISCAL IMPACT
The City will receive a total of $25,047.00 as consideration for the transfer of the requested right-of-way. The funds are to be deposited in Fund 7748, Project P537650.
Title
To authorize the Director of the Department of Public Service to execu...
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