Label
DED Grant of Easement /Stickney West
Business Development
B. Sehlhorst (x1692)
Revised
Title
Authorizing the Mayor to enter into a Storm Water Easement Agreement with FCA US LLC granting an easement over a portion of certain city-owned property adjacent to the northwest portion of the property known as Stickney West; making certain findings related thereto; waiving competitive bid provisions of TMC Ch. 187; authorizing the deposit of proceeds; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance 8-21 authorized sale to FCA US LLC of certain city-owned real property referred to as the Stickney West property, including the former Textileather and MedCorp sites, located at 3803 Twining St., Toledo Ohio.
In order to close the transaction and facilitate the construction of the proposed vehicle customization facility, FCA has requested an easement for storm water drainage and detention/retention purposes on city owned property adjacent to the northern section of the Stickney West property. The easement area shall be used for the purposes of constructing, installing, operating, maintaining, altering, renewing, using, repairing and replacing storm water facilities for the drainage, and discharge of storm water. Storm water facilities may include drainage ditches, pipes, forebays, sediment basins and/or ponds within the easement area ("Storm Water Facilities"). The installation and construction of Storm Water Facilities within the easement area shall be made in accordance with plans and uses approved by the city's Division of Engineering.
The Ordinance authorizes the execution and delivery of a Storm Water Easement Agreement. The execution of the Storm Water Easement Agreement will be dependent upon the consummation of the sale of the Stickney West property to FCA US LLC as authorized by Ord. 8-21 and shall be delivered upon closing of the Stickney West property sale.
The fiscal impact of this ordinance is as follows:
- Funds are not requeste...
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