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<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 />Amount Budgeted: N/A <br /> <br />Report: _Resolution: _Ordinance: .lL <br /> <br />Amount Requested: N/A <br /> <br />Attachments: <br />1. Ordinance <br />2. Area Map <br /> <br />Budgeted Item: _YES .....x-NO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City has received an application from Fred Westergren, Kim Phillips and Jamey Willis to vacate, <br />abandon and close that portion of the alley in Block 723, between Lots 11 through 20 and 21 through 30, <br />Town of La Porte. The applicants desire to close the subject alley in order to create two individual <br />economic units of land to facilitate future development. <br /> <br />Each of the City's franchised utility companies (i.e. Centerpoint Energy, AT&T & Comcast) has reviewed <br />the request and expressed no objection to the closing. Additionally, Staff's review of the closing indicated <br />no objections. <br /> <br />In accordance with Section 62.35 of the Code of Ordinances, Staff has ordered an independent appraisal of <br />the alley in question. As a result, the fair market value has been appraised at $1.00 per square foot. The <br />City has received payment from both applicants in the amount of $3,108 (75% of Fair Market Value as per <br />the ordinance) for the closing a total of 4,144 square feet of the alley in Block 723, Town of La Porte. <br /> <br />Recommendation: <br /> <br />Staff recommends vacating, abandoning, and closing the portion of the alley in Block 723, Town of La <br />Porte situated between Lots] 1 through 20 and 21 through 30 as requested by the applicants. <br /> <br />Action Required of Council: <br /> <br />prove an ordinance vacating, abandoning, and closing that portion of the alley in Block 723, Town of La <br />Po e situated between Lots] 1 through 20 and 21 through 30. <br /> <br /> <br />1 <br /> <br />