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<br />REOIT FOR CITY COUNCIL AGENDA ITE' <br /> <br />Agenda Date Requested: <br /> <br />October 25 1999 <br /> <br />Requested By: <br /> <br />Dou <br /> <br /> <br />Department: <br /> <br />Planning <br /> <br />Report <br /> <br />x <br /> <br />Ordinance <br /> <br />Exhibits: <br />1. <br />2. <br /> <br />Ordinance <br />Exhibit" A" - Closing Requested <br />I!' .! 't., '.' -.,., .,..,., .""......_, .",... ,., .,.,.... ..n .,.. . <br /> <br />.. ...,....- . <br /> <br />, ,.. .' <br /> <br />, .,., .. ..~.., <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City has been petitioned by Ponderosa Precision Plastics, Inc. to close, vacate, and abandon a <br />portion of the alley in Block 718, Town of La Porte. The purpose of this request is to facilitate the <br />company's plan for future development. The Planning and Public Works Departments have reviewed <br />this request and have determined that the City has no current or future plans for the alley in question. <br />Additionally, each of the City's franchised utility companies has reviewed this request and has <br />expressed no objection to the closing. <br /> <br />In accordance with Article II, Section 62-35 of the Code of Ordinances, Staff has arranged for an <br />independent appraisal of the property in question. As a result, the alley, containing 4,144 square feet, <br />has been appraised at $1.00 per square foot. As per the ordinance, the applicant has submitted <br />payment in the amount of 75% ($3,108.00) of the appraised value as compensation to the City. <br /> <br />Recommendation <br /> <br />Staff recommends closing, vacating, and abandoning the portion of the alley in Block 718, Town of La <br />Porte, situated between lots 1 through 10 and lots 21 through 30, Town of La Porte to facilitate <br />future development by the applicant; <br /> <br />Action Required by Council: <br /> <br />Consider approval of an ordinance to close, vacate, and abandon the portion of the alley in Block 718, <br />Town of La Porte situated between Lots 1 through 10 and 21 through 30. <br /> <br />Availability of Funds: N/A <br /> <br />General Fund <br />Capital Improvement <br />Other <br /> <br />VVatertvVastevvater <br />General Revenue Sharing <br /> <br />Account Number: <br /> <br />Funds Available: <br /> <br />YES <br /> <br />NO <br /> <br />. n. .... ~" <br /> <br />" . .' , . I..... . . . .... . ....... ".. ,....~., ........ ... .... .. .... <br /> <br />.., <br /> <br />Approved for City Council Agenda <br /> <br /> <br /> <br />DATE <br />