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<br />e <br /> <br />e <br /> <br />Houston Lighting & Power Company <br /> <br />Mr. Robert Herrera <br />April 4, 1991 <br />2 <br /> <br />by the independent appraisal that the $1.35 per square foot full <br />value of the IS-foot wide strip of City property south of the <br />easement will be adversely impacted by 75 percent. Since this 15- <br />foot wide strip contains 8,879 square feet of land, a compensation <br />of $8,989.99 is the monetary figure applicable for this negative <br />impact. Therefore, Houston Lighting & Power Company hereby offers <br />to pay the City of LaPorte the sum of $36,650.00 as full <br />compensation in this matter. <br /> <br />It is requested that the City of LaPorte review this proposal, <br />and if it is acceptable, we ask that the easement grant process be <br />initiated by the City as soon as possible. <br /> <br />If there are any questions concerning this request, please <br />contact me at 623-3117. Your cooperation in this matter is <br />appreciated. <br /> <br />Sincerely yours, <br /> <br />~ ~ Lv~ <br /> <br />Clayton L. Williamson, Sr. Agent <br />Land & Right-of-Way Department <br />Land Management Division <br /> <br />CLW:sdz <br />Enclosures <br />