O-2005-2846 - Laserfiche WebLink

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e . REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: Se 6 2005 Appropriation Requested By: Source of Funds: Department: Account Number: Report: Resolution: Ordinance: x Amount Budgeted: Exhibits: Ordinance Amount Requested: Exhibits: Master Al!reement Budgeted Item: YES NO Exhibits: SUMMARY & RECOMMENDATION The attached Master Agreement between the City of La Porte and C. Berdon Lawrence is essentially the same as a previous draft shared with Council. The main points of the Agreement are: The City al!rees to: · Amend existing covenantS and restrictions to provide for no development along a ] 00 ft. wide strip in Litt]e Cedar Bayou Park paralle] to Lawrence property. Restrictions run until December 3] , 2044. · Abandon the alleys in B]ock ]2]8 and B]ock ]255, Town of La Porte at no cost to Lawrence (estimated value $16,000) · Abandon the South R Street ROW from Broadway to the west ROW of Park Avenue at no cost to Lawrence. Retaining a utility easement and establishing a 40 ft. setback for any fence/gate. Preventing structures and landscaping within the utility easement. (estimated value $23,700)* · Abandon the Park Avenue ROW but retaining it as a drainage easement at no cost to Lawrence (estimated value $17,749)*. Providing that; o If City must repair or enlarge the drainage structure at the former South R Street ROW, the City will restore the pavement. o If the City enlarges the drainage facility the City agrees to re-align and relinquish any title to the portion of the drainage facility that is outside the boundaries of the drainage easement. · Waive street closing application fees and building permit fees (estimated value $1,370) ') C. Berdon Lawrence al!rees to: . Improve the (former) NCI property in the following manner; o Construct a bulkhead and place rip rap according to approvals by the ACOE o Provide fill according to grade established by City of La Porte o Contractor to provide a I-year warranty The above work is valued at over $130,000. Also, included in tonight's agenda is a Resolution of intent to abandon the R Street, Park Avenue ROWS and alleys in Blocks ]2]8 and 1255 as described above. * For the areas returned as easements values were reduced by 75% Action Reauired bv Council: Approve Ordinance approving Master Agreement with C. Berdon Lawrence and authorizing the City Manager to execute the Agreement. Approved for City Council Aeenda q -d-fJ -{)5 Date