Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: November 10.1997 <br />Requested By: Guy Rankin Q,1A Department: Planning <br />Report Resolution X Ordinance <br /> <br />Exhibits: <br />1. <br />2. <br /> <br />Ordinance <br />Area Maps (Exhibits "A" & "B") <br />. , "SUMMARY 'S:'RECo'MMENDATION <br /> <br />" . '. , ~...u '" u ... ... r. ~,.. <br /> <br />... . + <br /> <br />On November 21, 1996 Pecan Crossing received preliminary plat approval for Section <br />Two of Pecan Crossing with one condition; "Formal submittal of a complete street and <br />alley closing application to close the 80 foot right-of-way, Caniff Rd. ("H" Street) and <br />subsequent payment of fair market value for the right-of-way would be required prior to <br />final plat approval. " <br /> <br />Subsequently, on September 23,1997, Mr. Glenn Angel, developer of the Pecan <br />Crossing Subdivision petitioned the City to close the right-of-way of Caniff Road (West <br />"H" Street) lying and situated between Outlots 704, 705, 714 & 715 of the La Porte <br />Outlots for development of Section Two of the Pecan Crossing Subdivision. The <br />Planning and Public Works Departments have reviewed this request and have <br />detennined that the City has no immediate or future plans to utilize the right-of-way in <br />question. Staff has solicited comments and received letters of no objection from its <br />franchised utility companies. <br /> <br />In accordance with Article II, Section 62-358 of the Code of Ordinances, the fair <br />market value of the right-of-way in question has been detennined to be $0.27 per <br />square foot. This process utilizes the average HCAD appraised value of adjacent, <br />comparable properties and multiplies by a factor of 1.75. The right-of-way to be closed <br />contains 70,241.15 square feet resulting in a total payment of $18,954.53 to be <br />received by the City. State Law & Local Ordinance requires cities to obtain fair market <br />value for public rights-of-way. <br /> <br />Nonnally a street and alley closing application takes a minimum of 90 days to process <br />and could take up to 180 days, usually because of the time it takes to obtain franchise <br />utility letters. Mr. Angel assisted the City in obtaining the franchise letters to expedite <br />his application for the closing. We have received "no objection" letters from the <br />franchise utility companies serving the subdivision. <br />