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REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Agenda Date Requested:January 10, 2022 Requested By:Source of Funds:N/A Teresa Evans, Director Department: Planning & Development Account Number:N/A Amount Budgeted:N/A ReportResolutionOrdinance Amount Requested:N/A Exhibits: Ordinance2022-3859, Deed, Area Budgeted Item:YesNo Map, Appraisal Summary 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; th to vacate, abandon and close the eastern forty (40) feetof the North 18Streetright-of- way located between the Tyler Street and WestMadison Streetrights-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 closurerequest and did not authorize conveyance of their portion of the described th North 18Streetright-of-way.Due to Southern Pacific Railroads lack of participation, the applicant is only requesting theclosure of the eastern half (40feet) of the eighty (80) foot right-of-way. The total area of the requested closure is 16,000square feet. The area to be closed and abandonedwill be incorporated into the existing development to the east. Planning staff hasdetermined 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 $2.00per square foot. The applicant has submitted closing fees in the amount of $32,000(16,000sq. 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- th 25000007, vacating, abandoning and closing the eastern 40 feetof the North 18Street