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HomeMy WebLinkAboutO-1973-974 . , ORDINANCE NO. 974 -. AN ORDINANCE A.MENDING SECTION 21-28 OF ARTICLE III, "VACATING, ABANDONING AND CLOSING STREETS AND ALLEYS," OF THE CODE OF ORDINANCES OF THE CITY OF LA PORTE; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LA PORTE: Section 1. Section 21-28 of Article III, "Vacating, abandoning and closing streets and alleys," of the Code of Ordinances of the City of La Porte, is hereby amended, and shall hereafter read as follows, to-wit: "Sec. 21-28. Final determination by Commission; appraisal; conveyance. -. "Upon compliance witb all provisions of this article, the city commission shall make a final determination as to whether or not an application filed under this article shall be granted or denied. Streets or alleys, whether owned by the city in fee or used by easement, may be sold to the abutting owner or owners in proportion to their abutting ownership, such division between owners to be made in an equitable manner. In addition, any land or interest therein which was originally acquired for the purpose of streets, rights-of-way or easements which the city chooses to trade or exchange as consideration for other land acquired for streets, rights-of-way or easements, includ- ing transactions which may be partly for cash and partly by trade or exchange. Nothing in this article shall require the city commission to accept any bid or offer or be required to consummate any sale or trade. Any conveyance, sale or trade made under this article shall never be for less than the fair market value of the land or interest being conveyed, sold, or traded, as determined by an appraisal obtained by the city commission at appli- cant's expense, which shall be conclusive of the market value thereof; all as provided in Art. 5421c-12, Revised Civil Statutes." -. Section 2. This Ordinance shall take effect and be in force from and after its passage and approval. PASSED AND APPROVED this the 17th day of December 1973 ~, CITY OF LA PORTE By .-