O-1990-1691 - Laserfiche WebLink

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. .' ORDINANCE NO. l691 Page 3 Section 3. The effective date of this ordinance shall be effective upon the performance of the following conditions precedent, by the applicant, to-wit: 1. The payment by applicant to the City of La Porte, as and for the fair market value of the street and alley rights- of-way to be closed, of the cash sum of $514,462.50, in certified funds, by applicant to the City of La Porte. 2. The purchase by applicant of all of the property abutting the portions of the street and alley rights-of-way described herein. 3. The filing with City by applicant of a further letter from Houston Lighting and Power Company, evidencing the receipt by Houston Lighting and Power Company of its standard form easement granting Houston Lighting and Power Company necessary ground and aerial easement rights as required by Houston Lighting and Power Company. The City of La Porte retains for the benefit of Houston Lighting and Power Company, easement rights for Houston Lighting and Power Company's existing transmission and distribution facilities that are currently in place, until such standard form of easement has been signed and delivered to Houston Lighting and Power Company by applicant, at which time the easements retained herein by the City of La Porte, in favor of Houston Lighting and Power Company, shall terminate. 4. The City of La Porte retains an easement for the eight inch (8") water line on Madison Street. The City of La Porte will release the easement for the existing 8" water line on Madison Street, upon further agreement with applicant for the re-routing of said water line at applicant's sole expense, and the granting by applicant to the City of La Porte, of an appropriate easement, in form acceptable to the City of La Porte for the re-routing of such water line. The City Manager of the City of La Porte shall issue his certificate of compliance with the conditions contained in this ordinance, to applicant when all of such conditions have been performed. At that time, the City Secretary of the City of La Porte is authorized to issue a certified copy of this ordinance to applicant, for recording in the Harris County Clerk's office. PASSED AND APPROVED, this 12th day of March, 1990. ATTEST: ..J!/bd (I~ City Secretary oz;;:u;. City Attorney