08-23-21 Regular Meeting - Laserfiche WebLink

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REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Agenda Date Requested:August 23, 2021 Source of Funds:N/A Requested By:Teresa Evans, Director Department:Planning & Development Account Number:N/A Amount Budgeted:N/A ReportResolutionOrdinance Amount Requested:N/A Exhibits:Ordinance2021-3821, Deed, Budgeted Item:YesNo Area Map, Appraisal Summary SUMMARY& RECOMMENDATION The City of La Porte Planning & Development Department received an application from Jana Gutierrez, on behalf of Crenshaw Real Properties II LTD,to vacate, abandon and close of a portionof the Strang Rd. right-of-way situated south of State Highway 225, west of State Highway 146, north of the Union Pacific railroad tracks. The abandonment process requires that all adjacent property owners either participate in the closure or sign away rights to their portion of the proposed closure. Crenshaw Real Properties II LTD,is the applicant and only adjacent owner to the proposed closure.The applicant is also interested in closing and purchasing part of the Old La Porte Rd. right- of-way. That right-of-way is adjacent to property owned by Union Pacific Railroad. The Old LaPorte Rd. closure request is on hold pending a response from Union Pacific regarding their participation. The total area of thisrequested closure is 30,096square feet. The area to be closed and abandonedwill be incorporated into the existing development to the east and west. Staff hasdetermined that there are no City or franchised utilities existing within the right- of-way. Comcast, AT&T, and CenterPoint, the three (3) franchise utility companies, have all provided letters of no objection to the proposed right-of-wayclosure. In accordance with Sections 62- an appraisal of the subject right-of-wayto establish fair market value. The appraisal report established a value of $3.25per square foot. The applicant has submitted closing fees in the amount of $530,448.75(163,215sq. ft. x $3.25) to the Citywhich would cover the closing costs of both Strang Rd. and Old La Porte. The final cost for just Strang Rd. would be $97,812 (30,096 x $3.25). These funds are being held in escrow subject to final consideration and action by City Council. Staff recommends City Council approve street and alley closure request #21- 25000003, vacating, abandoning and closing a portionof the Strang Rd. right-of-way