03-10-14 Regular Meeting of La Porte City Council

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REQUEST FOR CITY COUNCIL AGENDA ITEMREQUEST FOR CITY COUNCIL AGENDA ITEM March 10, 2014March 10, 2014AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: N/A N/A T. Tietjens T. Tietjens Source of Funds:Source of Funds: Requested By: Account Number:Account Number: Planning & Development Planning & Development Department: Amount Budgeted:Amount Budgeted: Report:Resolution:Resolution:Ordinance:Ordinance: Amount Requested:Amount Requested: Other: Budgeted Item:Budgeted Item:YESYESNONO Attachments :Attachments : 1. Ordinance1. Ordinance 2. Deed 3. Area Map3. Area Map SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS The City has received a request from Mr. Walter Johnson (La Porte Commercial Properties, L.P.), to vacate, The City has received a request from Mr. Walter Johnson (La Porte Commercial Properties, L.P.), to vacate, thth abandon and close a 600 sq. foot portion of the intersection of W. abandon and close a 600 sq. foot portion of the intersection of W. DDStreet & South 14Street & South 14 Street (see Area Street (see Area Map). Mr. Johnson desires to acquire this portion of rightMr. Johnson desires to acquire this portion of right--ofof--way to facilitate platting of the development located in the way to facilitate platting of the development located in the thth 500 block of South 16500 block of South 16 St. Staff St. Staffs review of the closing request has determined that no public or franchise utilities s review of the closing request has determined that no public or franchise utilities exist within this portion of the rightexist within this portion of the right--ofof--way. way. In accordance with Section 62.35 of the Code of Ordinances, an independent appraisal of the subject rightIn accordance with Section 62.35 of the Code of Ordinances, an independent appraisal of the subject right--ofof-way has been conducted to determine fair market value. The appraisal established a value of $1.50 per square foot for has been conducted to determine fair market value. The appraisal established a value of $1.50 per square foot for the area to be closed. Total closing fees (with 25% discount by ordinance) for this abandonment are $675. the area to be closed. Total closing fees (with 25% discount by ordinance) for this abandonment are $675. Payment in this amount has been received from the applicant.Payment in this amount has been received from the applicant. Action Required of Council:Action Required of Council: Consider approval or other action of an ordinance or other action vacating, abandoning, and closing a 600 square Consider approval or other action of an ordinance or other action vacating, abandoning, and closing a 600 square foot of the West foot of the West DDStreet RightStreet Right--ofof--Way, and authorize the execution and delivery of a deed to the adjoining Way, and authorize the execution and delivery of a deed to the adjoining landowner.