EXPLANATION
BACKGROUND:
The City owns real property located in the vicinity of 7000 Jackson Pike, Lockbourne Ohio, 43137, {Franklin County Tax Parcels 010-242552, 010-242553, and 010-242554} (“Property”). The Property is managed by the Department of Public Utilities (“DPU”) and is further described and recorded in Deed Book Vol. 3447, Page 712 and O.R. 17751E16, Recorder’s Office, Franklin County, Ohio. The Ohio Power Company, an Ohio corporation doing business as American Electric Power (“AEP”), is in the process of upgrading its electric service in this area to serve new development in the area including Hanes Brands, Inc., VanTrust, K Nova, Scannell Properties and others. There are also multiple single-family developments being developed by M/I Homes and Pizzuti that will be served by this electric service. AEP has designed the project in a way to minimize impacts to City of Columbus Property but will still require an approximately 10-foot easement along Jackson Pike to accommodate the size of the poles needed for the project. AEP is requesting an electric utility easement to burden a portion of the Property in order to install and maintain electrical wires and associated appurtenances for the distribution, delivery, and service of electrical energy and impulses for the benefit of real estate in the Property’s vicinity (“Easement”). DPU and the Department of Finance and Management have reviewed the plans and support granting AEP the Easement in consideration that (i) the Easement supports electricity services in the vicinity of the Property, (ii) the Easement will be nonexclusive, (iii) AEP pays the price agreed to by the parties, and (iv) the easement contains language allowing for the city to request a one-time relocation, at AEP’s sole cost and expense, of any poles that are determined to interfere with any future City development of the Property.
CONTRACT COMPLIANCE: Not applicable.
FISCAL IMPACT: Not applicable
EMERGENCY JUSTIFICATION: Not a...
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