05-23-16 Regular Meeting of the La Porte City Council

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REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Agenda Date Requested: May 23, 2016 Source of Funds: _______N/A__________ Requested By: _Tim Tietjens______ Account Number:_______N/A_________ Department: __Planning____________ Amount Budgeted: ______N/A_________ Report: _ __Resolution: ____Ordinance: _X_ Amount Requested: _____N/A ________ Exhibits: Budgeted Item: YES X NO 1.Ordinance 2.Deed 3.Appraisal Summary 4.Centerpoint Energy Response 5.AT&T Response 6.Comcast Response 7.Area Map SUMMARY: The City has received and processed an application from First Assembly of God La Porte to vacate, abandon and close the east/west alley in Block 1113, Town of La Porte (see Area Map). Staff review of the closing application has determined located within the alley of Block 1112 should be abandoned in place. Additionally, each of t franchised utility companies (Centerpoint Energy, Comcast and AT&T) have responded to the closing request with letters of no objection. In accordance with Section 62-32 , an appraisal has been performed to determine fair market value of the subject alleys. The report has established a value of $3.00 per square foot for 9,728 square feet of alleyways subject to abandonment. Closing fees in the amount of $21,888 (75% of appraised value) have been and placed in escrow with the City pending final consideration and action by Council. _____________________________________________________________________________ ACTION REQUIRED OF COUNCIL: Consider approval of an ordinance or other action vacating, abandoning, and closing the entire alley in Block 1112, Town of La Porte, Town of La Porte; and authorizing the City Manager to execute a deed to the applicant for the abandoned alleys. Approved for City Council Agenda ____________________________________ ________________________ Corby D. Alexander, City Manager Date