O-2004-2794 - Laserfiche WebLink

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e e REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Agenda Date Requested: November 8. 2004 ~'. )'.~. Requested By: Wayne Sabo 'J J , Source of Funds: N/A Account Number: N/A Department: Planninl! Amount Budgeted: N/A Report: _Resolution: _Ordinance:...x.. Amount Requested: Exhibits: 1. Ordinance 2. Area Map 3. Sketch Plan 4. Applicant Correspondence & Timeline Budgeted Item: _YES -LNO SUMMARY & RECOMMENDATION The City has received an application from Mr. Fred Westergren to vacate, abandon and close the alley in Block 1104, Town of La Porte. The purpose of this request is to facilitate future development of the Monument Area Federal Credit Union site. Upon review of the closing application, the Public Works Department bas verified that no existing City utilities are located within the subject alley. Additionally, each of the City's franchised utility companies (i.e. Centerpoint Energy, SBC & Time Warner Communication) have reviewed the request and have submitted letters of no objection to the City. Additionally, the applicant bas obtained consent for the closing from all but one of the adjacent property owners. H. Ben Taub of Texan Land & Cattle Company (owner of Lots 8 through 12) bas been contacted by representatives of the developer on several occasions seeking his consent. However, to date, no written response from Mr. Taub bas been obtained. Therefore, the applicant requests Council to consider closing the entire alley (without Taub's written consent) in order to comply with City guidelines of no partial closings. In doing so, Texan Land & Cattle Company will acquire ownership of the 8' x 125' (1,000 sq. ft.) portion of the alley lying adjacent to Lots 8 through 12. In accordance with Ordinance No. 98-2225, Staff has arranged for an independent appraisal to be conducted of the subject alley. As a result, the fair market value of the subject properties has been assessed at $8.00 per square foot. The City has received compensation in the amount of $38,400.00 (75% of Fair MaIket Value per ordinance) from the applicant for the closing of the alley containing a total of 6,400 square feet. On November 4, 2004, a meeting was held with the applicant and representatives of Monument Area Federal Credit Union regarding the closing request and proposed development. At this meeting, the applicant submitted Exhibits 3 & 4 (see attached) to the City. Development representatives also specified that development of the site does not require utilization of the entire alley. Upon review of the infonnation received, the decision was made by staff to include this item for Council's consideration on the November 8th agenda. Recommendation: Staff recommends that City Council authorize vacating, abandoning, and closing of the entire alley in Block 1104, Town of La Porte as petitioned by the applicant. Action Required of Council: Consider approval of ordinance to vacate, abandon, and close the alley in Block 1104, Town of La Porte. Approved for City Council Agenda 1/-,)- -04- Date