Explanation
1. Background
The City of Columbus, Department of Public Service, received a request from the property owner, 366 East Broad LLC, asking that the City allow a basement vault to remain encroaching into the public right-of-way for their project. The project is located at 366 East Broad Street along the east side of Grant Avenue and the north side of East Broad Street. This project is a renovation of the building and the existing encroachment consists of a below ground basement vault built in 1925 that protrudes into the public right-of-way as described below and shown on the attached exhibit. The following legislation authorizes the Director of the Department of Public Service to execute those documents necessary for the City to grant this encroachment to legally allow the vault to remain extended into the public right-of-way. Allowing this element to remain will enhance the building, fit into the architectural desire, and keeps the original structure's foundation as-is. A value of $500.00, to be deposited in Fund 7748, Project P537650, for the encroachment easement was established.
2. Fiscal Impact
There is no expense to the City to grant this encroachment. The City will receive a total of $500.00, to be deposited in Fund 7748, Project P537650, for granting the requested encroachment.
Title
To authorize the Director of the Department of Public Service to execute those documents necessary for the City grant a right-of-way encroachment to 366 East Broad LLC for their project at 366 East Broad Street. ($0.00)
Body
WHEREAS, the City of Columbus, Department of Public Service, received a request from the property owner, 366 East Broad LLC, asking that the City allow a basement vault to remain encroaching into the public right-of-way for their project located at 366 East Broad Street along the east side of Grant Avenue and the north side of East Broad Street; and
WHEREAS, this project is a renovation of the building and the existing encroachmen...
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