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REQUEST FOR CITY COUNCIL AGENDA ITEMREQUEST FOR CITY COUNCIL AGENDA ITEM <br />October 12, 2015October 12, 2015AppropriationAppropriation <br />Agenda Date Requested:Agenda Date Requested: <br />N/AN/A <br />Tim TietjensTim TietjensSource of Funds:Source of Funds: <br />Requested By:Requested By: <br />Account Number:Account Number: <br />Planning & DevelopmentPlanning & Development <br />Department:Department: <br />Amount Budgeted:Amount Budgeted: <br />Report:Resolution:Resolution:Ordinance:Ordinance: <br />Amount Requested:Amount Requested: <br />Other: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />AttachmentsAttachments : : <br />1. Ordinance Ordinance <br />2. Deed Deed <br />3. Appraisal Summary Appraisal Summary <br />4. Letters of No Objection Letters of No Objection <br />5. Area Map Area Map <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br />The City has processed an application from Oakland Land & Development, LLC to vacate, abandon and The City has processed an application from Oakland Land & Development, LLC to vacate, <br /> abandon and <br />close a portion of the alley in Block 72, Town of La Porte (see Area Map).  The purpose of the closing is close a portion of the alley in Block 72, Town of La Porte (see Area Map).  <br /> The purpose of the closing is <br />to facilitate future lightto facilitate future light--industrial development on lots 1industrial development on lots 1--5 and 285 and 28--32 of the block.32 of the block. <br />Staff’s review of the application has determined that no existing City utilities are located within the s review of the application has determined that no existing City utilities are <br /> located within the <br />closing area.  Additionally, Centerpoint Energy, Comcast and AT&T have issued letters of no objection closing area.  Additionally, Centerpoint Energy, Comcast and AT&T have issued letters <br /> of no objection <br />to the closing as requested.to the closing as requested. <br />In accordance with Section 62.35 of the Code of Ordinances, an independent appraisal of the alley has In accordance with Section 62.35 of the Code of Ordinances, an independent appraisal <br /> of the alley has <br />established a value of $2.50 per square foot for the 2,000 square foot portion of the alley to be closed.  established a value of $2.50 per square foot for the 2,000 square foot portion <br /> of the alley to be closed.  established a value of $2.50 per square foot for the 2,000 square foot portion of the alley to be closed.  established a value of $2.50 per square foot for <br /> the 2,000 square foot portion of the alley to be closed.  <br />The applicant has subsequently placed $3,750.00 in escrow with the City (after 25% discount by The applicant has subsequently placed $3,750.00 in escrow with the City (after 25% discount <br /> by <br />ordinance) pending final consideration and action by Council.ordinance) pending final consideration and action by Council. <br />Action Required of Council:Action Required of Council: <br />Consider approval or other action of an ordinance vacating, abandoning, and closing the northernmost Consider approval or other action of an ordinance vacating, abandoning, and closing <br /> the northernmost <br />125’of the alley in Block 72, Town of La Porte, and authorizing the City Manager to execute a deed to of the alley in Block 72, Town of La Porte, and authorizing the City Manager to <br /> execute a deed to <br />the adjacent owner for the subject alley.the adjacent owner for the subject alley. <br />Approved for City Council AgendaApproved for City Council Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />