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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br /> <br />Source of Funds: N/A <br /> <br />Account Number: N/A <br /> <br />Department: Plannin2: <br /> <br />Report: _Resolution: _Ordinance:...x.. <br /> <br />Amount Budgeted: N/A <br /> <br />Amount Requested: <br /> <br />Exhibits: <br />1. Ordinance <br />2. Area Map <br /> <br />Budgeted Item: _YES -LNO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City has received an application from Crenshaw Real Properties II, Ltd. to vacate, abandon <br />and close the alley in Block 643, Town of La Porte (6,400 sq. ft.). The applicant desires to close <br />the subject alley in order to create a single economic unit ofland to facilitate future development. <br /> <br />City Staff and the City's franchised utility companies (i.e. Centerpoint Energy, AT&T & Comcast) <br />have each reviewed the request and have expressed no objection to closing the alley. <br /> <br />In accordance with Section 62.35 of the Code of Ordinances, Staff has ordered an independent <br />appraisal of the alley in Block 643, La Porte. The fair market value has been assessed at $2.00 per <br />square foot for which the City has subsequently received payment from the applicant in the amount <br />of $9,600 (75% of Fair Market Value per the ordinance). <br /> <br />Recommendation: <br /> <br />Staff recommends vacating, abandoning, and closing the alley in Block 643, Town of La Porte as <br />requested by the applicant. <br /> <br />Action Required of Council: <br /> <br />Approve an ordinance vacating, abandoning, and closing the alley in Block 643, Town of La <br />p <br /> <br /> <br />Ron Bottoms, City Manager <br /> <br />5 !,t/!trIJ <br />. <br />Date <br />