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REQUEST FOR CITY COUNCIL AGENDA ITEMREQUEST FOR CITY COUNCIL AGENDA ITEM <br />June 22, 2015June 22, 2015AppropriationAppropriation <br />Agenda Date Requested:Agenda Date Requested: <br />N/A N/A <br />Tim Tietjens Tim Tietjens Source of Funds:Source of Funds: <br />Requested By: <br />Account Number:Account Number: <br />Planning & Development Planning & Development <br />Department: <br />Amount Budgeted:Amount Budgeted: <br />Report:Resolution:Resolution:Ordinance:Ordinance: <br />Amount Requested:Amount Requested: <br />Other: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />Attachments :Attachments : <br />1. Ordinance1. Ordinance <br />2. Easements2. Easements <br />3. Deeds3. Deeds <br />4. Appraisal Summary4. Appraisal Summary <br />5. Area Map5. Area Map <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br />The City has processed an application from Oakland Land and Development, LLC (via Mr. Alton Ogden) to The City has processed an application from Oakland Land and Development, LLC (via <br /> Mr. Alton Ogden) to <br />vacate, abandon and close multiple rightsvacate, abandon and close multiple rights--ofof--way and alleys within an area bounded by West way and alleys within an area bounded by West <br /> ““DD””Street to the Street to the <br />north, the Little Cedar Bayou (F216) Regional Detention Basin to the east, West north, the Little Cedar Bayou (F216) Regional Detention Basin to the east, West ““GG””Street to the south, <br /> and Street to the south, and <br />th <br />South 15 Street to the west (see Area Map). Street to the west (see Area Map).    The company desires these closings to facilitate future The company desires these closings to facilitate <br /> future <br />development of Oakland Industrial Park, a Lightdevelopment of Oakland Industrial Park, a Light--Industrial business park planned to accommodate up to eighteen Industrial business park <br /> planned to accommodate up to eighteen <br />(18) new light-industrial sites.industrial sites.   <br />Staff’s review of the application has determined that an existing 30s review of the application has determined that an existing 30””sanitary sewer trunk main is located within sanitary <br /> sewer trunk main is located within <br />th <br />the S. 14 St. Right St. Right--ofof--Way (Tract No. 10) for which a sanitary sewer easement has been executed by the Way (Tract No. 10) for which a sanitary sewer easement has been executed <br /> by the <br />applicant.applicant.  Additionally, drainage easements within the West Additionally, drainage easements within the West Additionally, drainage easements within the West Additionally, <br /> drainage easements within the West ““““EEEE””””St. (Tract No. 3) and the West St. (Tract No. 3) and the West St. (Tract No. 3) and the West St. (Tract No. 3) and the West ““““FFFF””””St. <br /> (Tract St. (Tract St. (Tract St. (Tract <br />No. 4) Rights-ofof--Way, and a 5,000 square foot portion of the previouslyWay, and a 5,000 square foot portion of the previously--abandoned West abandoned West ““FF””St. RightSt. Right--ofof--Way <br /> Way <br />will be conveyed to the City for public drainage and street rightwill be conveyed to the City for public drainage and street right--ofof--way purposes.way purposes.    Each of the CityEach <br /> of the City’’s franchised s franchised <br />utility companies (Centerpoint Energy, Comcast and AT&T) have reviewed the applicantutility companies (Centerpoint Energy, Comcast and AT&T) have reviewed the applicant’’s request and <br /> have s request and have <br />issued letters of no objection to the subject closings.issued letters of no objection to the subject closings.         <br />In accordance with Section 62.35 of the Code of Ordinances, an independent appraisal of the subject rightsIn accordance with Section 62.35 of the Code of Ordinances, an independent appraisal <br /> of the subject rights--of- <br />way and alleys has established a value of $2.75 per square foot for 141,720 square foot of rightway and alleys has established a value of $2.75 per square foot for 141,720 square foot <br /> of right--ofof--way to be way to be <br />closed.  The applicant has placed closing fees in the amount of $292,297.50 (after 25% discount by ordinance) in The applicant has placed closing fees in the amount of $292,297.50 (after <br /> 25% discount by ordinance) in <br />escrow with the City pending consideration and final action by Council.escrow with the City pending consideration and final action by Council.    Should Council approve the subject Should <br /> Council approve the subject <br />closings, $10,312.50 from the applicantclosings, $10,312.50 from the applicant’’s total closing fees will be applied toward the acquisition of the s total closing fees will be applied <br /> toward the acquisition of the <br />aforementioned 5,000 square foot portion of the West aforementioned 5,000 square foot portion of the West ““FF””St. RightSt. Right--ofof--Way as additional public rightWay as additional <br /> public right--ofof--way.way. <br /> <br />