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REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: January 10, 2022 Requested By: Teresa Evans, Director Department: Planning & Development Report r Resolution rt Ordinance Exhibits: Ordinance 2022-3859, Deed, Area Map, Appraisal Summary Appropriation Source of Funds: N/A Account Number: N/A Amount Budgeted: N/A Amount Requested: N/A Budgeted Item: Yes • No SUMMARY & RECOMMENDATION The City of La Porte Planning & Development Department received an application from Darryl Schroeder of Maverick Construction, on behalf of Esco International Trading, LLC; to vacate, abandon and close the eastern forty (40) feet of the North 18t" Street right-of- way located between the Tyler Street and West Madison Street rights -of -way, located in Blocks 654 and 655, Town of La Porte. 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. Southern Pacific Railroad Company, the only other adjacent property owner, decided not to participate in the closure request and did not authorize conveyance of their portion of the described North 18t" Street right-of-way. Due to Southern Pacific Railroads lack of participation, the applicant is only requesting the closure of the eastern half (40 feet) of the eighty (80) foot right-of-way. The total area of the requested closure is 16,000 square feet. The area to be closed and abandoned will be incorporated into the existing development to the east. Planning staff has determined 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-way closure. In accordance with Sections 62-32 of the City's Code of Ordinances, the City obtained an appraisal of the subject right-of-way to establish fair market value. The appraisal report established a value of $2.00 per square foot. The applicant has submitted closing fees in the amount of $32,000 (16,000 sq. ft. x $2.00) to the City. 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- 25000007, vacating, abandoning and closing the eastern 40 feet of the North 18t" Street