Explanation
1. Background
The City of Columbus, Department of Public Service, received a request from Nationwide Realty Investors (NRI) asking that the City transfer to 245 Parks Edge Place LLC (which is the official name of the property owner for which this is being transferred) an approximate 0.014 acre (621.049 square feet) portion of the John H. McConnell Boulevard right-of-way located North of the intersection of Spring Street and John H. McConnell Boulevard. This transaction is part of a land swap with NRI for which NRI will be providing (donating) to the Department of Public Service a 0.014 acre deed for other land owned by NRI and Public Service will be transferring a 0.014 acre deed to 245 Parks Edge Place LLC. This ordinance seeks Council approval for the property being transferred to NRI. The property the City is receiving in exchange will be part of a separate ordinance.
Transfer of this right-of-way will facilitate the development of adjacent property owned by NRI. The Department of Public Service has agreed to transfer the right-of-way as described below. 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 perpetual public access easement for those utilities currently located within this right-of-way/property, the City will not be adversely affected by the transfer of this right-of-way/property. This request has not been before the Land Review Commission. The Director of Public Service has agreed to waive Land Review Commission for this transfer due to it being part of an exchange of property and to transfer the right-of-way property to 245 Parks Edge Place LLC at no cost.
2. FISCAL IMPACT
There is no fiscal impact for this transaction. The land is being donated to 245 Parks Edge Place LLC in consideration for a like land donation from NRI.
3. EMERGENCY DESIGNATION
Emergency des...
Click here for full text