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<br />1h is J1e Y't1 /AJ~ l>vt- 0 -t d.. b-t 8T1rfF- <br />N 0 a..&f-jo~ ~-e^ <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />Source of Funds: <br /> <br />N/A <br /> <br />Account Number: <br /> <br />N/A <br /> <br />Report: _Resolution: _Ordinance: l <br /> <br />Amount Budgeted: N/A <br /> <br />Amount Requested: <br /> <br />Exhibits: <br />1. Ordinance <br />2. Deed without Warranty <br />3. Area Map <br /> <br />Budgeted Item: _YES -X....NO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City has received and processed an application from Mrs. Janice Crofoot to close a portion of <br />the Street "E" right-of-way situated between Lot 2, Block 4 and Lot 1, Block 5 of the Pine Bluff <br />Subdivision. The subject right-of-way consists of 1 ,498 square feet. The applicant desires to <br />consolidate these lots with the right-of-way between them in order to facilitate development of a <br />home on the property. <br /> <br />The City's franchised utility companies have each reviewed the closing request and issued letters <br />of no objection. Public Works' review of the closing has determined that existing water and <br />sanitary sewer lines terminate within the area to be closed. These utilities will be abandoned in <br />place upon approval of the closing ordinance. Staffs additional review of drainage in the area has <br />concluded that the subject closing will have no adverse affect on current or future plans for <br />drainage improvements in the area. <br /> <br />In accordance with Section 62.35 of the Code of Ordinances, Staff has ordered an independent <br />appraisal of the right-of-way to be closed. As a result, fair market value has been assessed at $5.00 <br />per square foot for which the City has subsequently received payment from the applicant in the <br />amount of$5,617.50 (75% of Fair Market Value per the ordinance). <br /> <br />Action Required of Council: <br /> <br />Consider approval of an ordinance vacating, abandoning, and closing that portion of the Street "E" <br />Right-of-Way situated between Lot 1, Block 5 and Lot 2, Block 4 of the Pine Bluff Subdivision as <br />ested by the applicant. <br /> <br /> <br />Ron Bottoms, City Manager <br /> <br />lLib t1 <br /> <br />Date <br />