Explanation
1. Background:
The City of Columbus, Department of Public Service, received a request from Nelson Yoder on behalf of his client, 0 Outerbelt Street, LLC to sell an 85,552+/- square foot portion (1.964 acre) of right-of-way. Beginning at the north of the improved portion of Outerbelt Street, the right-of-way portion runs north from the improved/unimproved line for 743’ +/- and then begins a slight curve to the east that will eventually be a 90 degree turn for 385’ +/- and then goes east for 350’+/- and abuts at the improved portion called Tishman Avenue. The entirety of the right-of-way being sought is within an area that the applicants already own. PID = 520-143653, 520-143654, 520-143655.
The intention for the sale of this right-of-way is to combine the portion of right-of-way known as Outerbelt Street right-of-way with the three parcels which abut it to facilitate the development and construction of commercial facilities. 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 $47,053.00 was established. This request went before the Land Review Commission on October 21, 2021. After review of the request, the Land Review Commission voted to recommend the above referenced right-of-way be transferred to 0 Outerbelt Street, LLC at the cost of $47,053.00 to them.
2. FISCAL IMPACT:...
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