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CITY OF HOUSTON - CITY COUNCIL
Meeting Date: 6/12/2018
District B
Item Creation Date: 4/10/2018
20BAM9751/Sale of Excess Fee-owned Right-of-Way/SY17-072
Agenda Item#: 16.
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| | | | | | | | Summary:
ORDINANCE authorizing the sale of an 1,382-square-foot fee-owned parcel of land, being a portion of Lots 8 and 10, Block 3, located in the Pine Crest Addition, out of the Harris & Wilson Survey, A-32, Houston, Harris County, Texas, to Dimension 5 Holdings, LLC, the abutting property owner, in consideration of its conveyance to the City of a three-foot-wide pedestrian access easement, being a portion of Lots 8 and 10, Block 3, Pine Crest Addition, out of the Harris & Wilson Survey, A-32, Houston, Harris County, Texas, and a cash payment to the City of $13,829.00 and other consideration - DISTRICT B - DAVIS |
| | | | | | | | Background:
SUBJECT: Ordinance authorizing the sale of excess fee-owned Lockwood Drive, in exchange for conveyance to the City of a 3 foot-wide pedestrian access easement, being portions of Lots 8 and 10, Block 3, Pine Crest Addition, out of the Harris and Wilson Survey. Parcels SY17-072 and AY18-041
RECOMMENDATION: (Summary) It is recommended City Council approve an ordinance authorizing the sale of excess fee-owned Lockwood Drive, in exchange for conveyance to the City of a 3 foot-wide pedestrian access easement and consideration of $13,829.00, being portions of Lots 8 and 10, Block 3, Pine Crest Addition, out of the Harris and Wilson Survey. Parcels SY17-072 and AY18-041
SPECIFIC EXPLANATION: Mr. Barry Hunsworth, Century Engineering, Inc., 3030 S. Gessner, Suite 100, Houston, Texas, 77063, on behalf of Dimension 5 Holdings, LLC, (Mark Brinker, Managing Partner), the abutting property owner, requested the sale of excess fee-owned Lockwood Drive, in exchange for conveyance to the City of a 3 foot-wide pedestrian access easement, being portions of Lots 8 and 10, Block 3, Pine Crest Addition, out of the Harris and Wilson Survey. The Joint Referral Committee reviewed and approved this request.
Dimension 5 Holdings, LLC has complied with the transaction requirements, has accepted the City’s offer, and has rendered payment in full.
| Parcel SY17-072 |
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1,382 square-foot fee-owned right-of-way:
Valued at $12.90 per square foot X 100%
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$17,828.00 (R) |
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| TOTAL SALE |
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$17,828.00 |
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| In exchange Dimension 5 Holdings, LLC paid: |
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Cash
Plus conveyed to the City:
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$13,829.00 |
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| Parcel AY18-041 |
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310 square-foot pedestrian access easement:
Valued at $12.90 per square foot X 100%
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$ 3,999.00 |
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| TOTAL CASH AND CONVEYANCES |
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$17,828.00 |
Therefore, it is recommended City Council approve an Ordinance authorizing the sale of excess fee-owned Lockwood Drive, in exchange for conveyance to the City of a 3 foot-wide pedestrian access easement, being portions of Lots 8 and 10, Block 3, Pine Crest Addition, out of the Harris and Wilson Survey.
Carol Ellinger Haddock, P.E.
Director
Houston Public Works
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| | | | | | | | Contact Information:
Marjorie L. Cox
Assistant Director - Real Estate Services
(832) 395-3130
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