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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />Agenda Date Requested: April 12. 2010 <br /> <br />Source of Funds: N/A <br /> <br />Requested By: Tim Tietiens <br /> <br />Account Number: N/A <br /> <br />Department: Plannin2 <br /> <br />Amount Budgeted: NI A <br /> <br />Report: _Resolution: _Ordinance: l <br /> <br />Amount Requested: <br /> <br />Exhibits: <br />1. Ordinance <br />2. Deed to Adjacent Owner <br />3. Area Map <br /> <br />Budgeted Item: _YES -LNO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City has received an application from Mr. Nazar Manesia of Telephone Investments, Inc. to <br />vacate, abandon and close the alley in Block 1146, La Porte. The applicant desires to close the <br />subject alley to unify his properties adjacent to the alley for future development. <br /> <br />City Staff as well as the City's franchised utility companies (i.e. Centerpoint Energy, AT&T & <br />Comcast) have each reviewed the request and have expressed no objection to the closing. <br /> <br />In accordance with Section 62.35 of the Code of Ordinances, Staff has ordered an independent <br />appraisal to determine a fair market value for the property. The appraisal has established a market <br />value of $5.00/sq. ft. for the property which contains 6,400 square feet. The City has received <br />payment from the applicant in the amount of $24,000 (75% of Fair Market Value per the <br />ordinance). <br /> <br />Recommendation: <br /> <br />Staff recommends vacating, abandoning, and closing the alley in Block 1146, La Porte as <br />requested by the applicant. <br /> <br />Action Required of Council: <br /> <br /> <br />r e an ordinance vacating, abandoning, and closing the alley in Block 1146, La Porte. <br /> <br />Ron Bottoms, City Manager <br /> <br />1 hi to <br /> <br />Date <br />