Item Coversheet

CITY OF HOUSTON - CITY COUNCIL

Meeting Date: 8/1/2017
District C
Item Creation Date: 5/9/2017

20TP9543/Abandonment and Sale of Leverkuhn Storm Sewer Easement/SY15-053

Agenda Item#: 12.


 
                               
Summary:

ORDINANCE  finding  and  determining  that  public  convenience  and  necessity  no    longer  require  the  continued  use  of  a ten-foot-wide storm sewer easement, located within portions of Lots 6, 7, 8, and 10, Block 2 of the Leverkuhn Addition, situated in the J. Austin Survey,  A-1,  Houston,  Texas;  abandoning  the  easement  to UR  Properties I, LP, abutting  owner, in  consideration  of  its  payment  to  the  City of $600.00 and conveyance to the City of: 1) a five-foot-wide right-of-way easement along Barnes Street; 2) a five-foot-wide right-of-way easement along Floyd Street; 3) a five-foot-wide right-of-way easement along Leverkuhn Street; 4) two seven and a half-foot-wide storm sewer easements along the proposed right-of-way easement along Barnes Street and Leverkuhn Street; 5) right-of-way for a corner clip at Floyd Street and Leverkuhn Street; 6) right-of-way for a corner clip at Barnes Street and Leverkuhn Street, all located in Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1, and other  consideration - DISTRICT C - COHEN

Background:

SUBJECT: Ordinance authorizing the abandonment and sale of a 10-foot-wide storm sewer easement, located in portions of Lots 6, 7, 8 and 10, in exchange for conveyance to the City of: 1) a 5-foot-wide right-of-way easement along Barnes Street; 2) a 5-foot-wide right-of-way easement along Floyd Street; 3) a 5-foot-wide right-of-way easement along Leverkuhn Street; 4) two 7.5-foot-wide storm sewer easements along the proposed right-of-way easement along Barnes Street and Leverkuhn Street; 5) right-of-way for a corner clip at Floyd Street and Leverkuhn Street; 6) right-of-way for a corner clip at Barnes Street and Leverkuhn Street, all in Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1.  Parcels SY15-053A, SY15-053B, AY15-185A, AY15-185B, AY15-185C, AY15-185D, AY15-185E, LY15-014A, and LY15-014B

 

RECOMMENDATION:  (Summary) It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 10-foot-wide storm sewer easement, located in portions of Lots 6, 7, 8 and 10, in exchange for conveyance to the City of: 1) a 5-foot-wide right-of-way easement along Barnes Street; 2) a 5-foot-wide right-of-way easement along Floyd Street; 3) a 5-foot-wide right-of-way easement along Leverkuhn Street; 4) two 7.5-foot-wide storm sewer easements along the proposed right-of-way easement along Barnes Street and Leverkuhn Street; 5) right-of-way for a corner clip at Floyd Street and Leverkuhn Street; 6) right-of-way for a corner clip at Barnes Street and Leverkuhn Street, all in Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1.  Parcels SY15-053A, SY15-053B, AY15-185A, AY15-185B, AY15-185C, AY15-185D, AY15-185E, LY15-014A, and LY15-014B

 

SPECIFIC EXPLANATION:

UR Properties I, L.P., (URVR, LLC [Vinod Kewairamani], General Partner), the fee property owner, requested the abandonment and sale of a 10-foot-wide storm sewer easement, located in portions of Lots 6, 7, 8 and 10, Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1.  UR Properties I, L.P. plans to incorporate the subject parcels into the property and replat into one reserve for resale. The Joint Referral Committee reviewed and approved this request subject to the conveyance of: 1) a 5-foot-wide right-of-way easement along Barnes Street; 2) a 5-foot-wide right-of-way easement along Floyd Street; 3) a 5-foot-wide right-of-way easement along Leverkuhn Street; 4) two 7.5-foot-wide storm sewer easements along the proposed right-of-way easement along Barnes Street and Leverkuhn Street; 5) right-of-way for a corner clip at Floyd Street and Leverkuhn Street; 6) right-of-way for a corner clip at Barnes Street and Leverkuhn Street, all in Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1. 

 

UR Properties I, L.P. has complied with the transaction requirements and has accepted the City's offer.

 

The City will abandon and sell to UR Properties I, L.P.:

 

Parcel SY15-053A      

1,103 square-foot storm sewer easement:

  $43,017.00  

Valued at $78.00 PSF x 50%

     
       
Parcel SY15-053B                 
1,213 square-foot storm sewer easement:       $47,307.00  
Valued at $78.00 PSF x 50%      
       
TOTAL ABANDONMENT AND SALE   $90,324.00  
       
In exchange, UR Properties I, L.P. will pay:      
       
Cash   $      600.00 (minimum fee) 
       
Parcel AY15-185A      
865 square-foot right-of-way easement:   $67,470.00  
Valued at $78.00 PSF x 100%      
       
Parcel AY15-185B      
870 square-foot right-of-way easement:    $67,860.00  
Valued at $78.00 PSF x 100%      
       
Parcel AY15-185C      
500 square-foot right-of-way easement:   $39,000.00  
Valued at $78.00 PSF x 100%      
       
Parcel AY15-185D      
113 square-foot right-of-way easement:    $  8,814.00  
Valued at $78.00 PSF x 100%      
       
Parcel AY15-185E      
113 square-foot right-of-way easement:    $  8,814.00  
Valued at $78.00 PSF x 100%      
       
Parcel LY15-014A      
1,176 square-foot storm sewer easement:    $45,864.00  
Valued at $78.00 PSF x 50%      
       
Parcel LY15-014B      
1,136 square-foot storm sewer easement:        $44,304.00  
Valued at $78.00 PSF x 50%      
       
TOTAL CASH AND CONVEYANCE            $282,726.00  
       

Inasmuch as the value of the $600.00 minimum parcel fee plus the right-of-way easements and storm sewer easements being conveyed to the City is greater than the value of the storm sewer easement being abandoned and sold, it is recommended City Council approve an Ordinance authorizing the abandonment and sale of a 10-foot-wide storm sewer easement, located in portions of Lots 6, 7, 8 and 10, in exchange for conveyance to the City of: 1) a 5-foot-wide right-of-way easement along Barnes Street; 2) a 5-foot-wide right-of-way easement along Floyd Street; 3) a 5-foot-wide right-of-way easement along Leverkuhn Street; 4) two 7.5-foot-wide storm sewer easements along the proposed right-of-way easement along Barnes Street and Leverkuhn Street; 5) right-of-way for a corner clip at Floyd Street and Leverkuhn Street; 6) right-of-way for a corner clip at Barnes Street and Leverkuhn Street, all in Block 2 of the Leverkuhn Addition, out of the J. Austin Survey, A-1. 


Contact Information:

Nancy P. Collins

Senior Assistant Director-Real Estate

Phone: (832) 395-3130

 

 

 

 

 

________________________________________

Karun Sreerama, MBA, PhD, PE

Director

Department of Public Works and Engineering

ATTACHMENTS:
DescriptionType
Signed CoversheetSigned Cover sheet
Aerial MapBackup Material
Parcel MapBackup Material