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• <br />Proposed <br />Land Acquisition <br />Lots 1-16, Block 1446 <br />Description <br />• Angel Deed to City Lots 1-16, Block 1446 <br />(approximately 50,000 square feet) <br />• City close sixteen (16) foot alley adjacent <br />to Lots 17-35, Block 1446 and relinquish <br />City's 'h half to Angel (Approximately <br />3,600 sq. ft.) <br />• City Clean Up Debris on Lots 1-16, Block <br />1446 <br />• Environmental Site Assessemnt and follow <br />up testing. <br />• Site fill and grading 1,900/cubic yards @ <br />4.50/cubic yards <br />• Attorney's fees, filing fees, etc. <br />• Landscaping along Golf Course <br />• Fencing along Golf Course Boundary <br />$6.00/linear foot x 400 linear feet <br />Good Will to City <br />• Plus loss of tax revenue @ $229/year <br />Other Issues <br />$ 32,275 <br />(5, 377) <br />(10,500) <br />(2,000) <br />(8,550) <br />( 500) <br />(1,300) <br />(2,400) <br />$1,648 <br />• City recognize encroachment of trailer and allow it to remain until: <br />(1) City has need for the property and gives notice to abate encroachment within <br />three months or <br />{2) for ten years from date of agreement. <br />Note: These time limitations have not been finalized and are offered for Council's <br />consideration. <br />Based on current HCAD appraisal and CLP tax rate of .71/100. <br /> <br />Estimated Value/Expense <br />Revised July 29, 1993 <br />