ORDINANCE finding and determining that public convenience and necessity no longer require the continued use of a portion of Tackaberry Street, from Morris Street to Quitman Street, situated in the John Austin Survey, Abstract No. 1, Houston, Harris County, Texas; abandoning such portion to Houston Independent School District (“HISD”), the abutting owner, in consideration of its cash payment to the city of $2,800.00, its payment to the City of $639,670.00, in the form of a debit to the balance of the credit account established pursuant to an Interlocal Agreement between the City and HISD, the conveyance to the City of a 5-foot-wide right of way easement, and other good and valuable consideration - DISTRICT H - CISNEROS

SUBJECT:  Abandonment and sale of Tackaberry Street, from Morris Street to Quitman Street, in exchange for conveyance to the City of a 5 foot-wide strip of right-of-way for the widening of Fulton Street, from Morris Street to Quitman Street, both located within Ruby's Subdivision of Block 64 of the Allen Addition, out of the John Austin Survey, A-1.   Parcels SY16-027 and AY16-036

RECOMMENDATION:  It is recommended City Council approve an ordinance authorizing the abandonment and sale of Tackaberry Street, from Morris Street to Quitman Street, in exchange for a cash consideration of $2,800.00, deduction from the HISD Credit Account of $639,670.00, and conveyance to the City of a 5 foot-wide strip of right-of-way for the widening of Fulton Street, from Morris Street to Quitman Street, both located within Ruby's Subdivision of Block 64 of the Allen Addition, out of the John Austin Survey, A-1.   Parcels SY16-027 and AY16-036

SPECIFIC EXPLANATION:  Houston Independent School District (HISD) requested the abandonment and sale of Tackaberry Street, from Morris Street to Quitman Street, in exchange for conveyance to the City of a 5 foot-wide strip of right-of-way for the future widening of Fulton Street, from Morris Street to Quitman Street, both located within Ruby's Subdivision of Block 64 of the Allen Addition, out of the John Austin Survey, A-1.  HISD has requested the remaining balance of consideration be deducted from the HISD Credit Account, as established by the Interlocal Agreement between the City and HISD.  The initial deposit was received in cash from HISD.  HISD plans to rebuild Northside High School (formerly Jefferson Davis High School).

HISD has completed the transaction requirements, has accepted the City's offer, and will rendered payment in full. 

The City will abandon and sell to HISD:

Parcel SY16-027

29,628 square feet of street easement                                  $651,816.00

Valued at $22.00 per square foot

Plus the total depreciated value of street pavement               $47,040.00

TOTAL ABANDONMENTS AND SALE                               $698,856.00

In exchange, HISD will pay:

Cash                                                                                         $2,800.00

Deduct from the HISD Credit Account                                  $639,670.00

Plus HISD will convey to the City:

Parcel AY16-036

2,563 square feet of street easement                                    $56,386.00

Valued at $22.00 per square foot  

TOTAL CASH, CREDIT, AND CONVEYANCE                   $698,856.00 

Therefore, it is recommended City Council approve an ordinance authorizing the abandonment and sale of Tackaberry Street, from Morris Street to Quitman Street, in exchange for a cash consideration of $2,800.00, deduction from the HISD Credit Account of $639,670.00, and conveyance to the City of a 5 foot-wide strip of right-of-way for the widening of Fulton Street, from Morris Street to Quitman Street, both located within Ruby's Subdivision of Block 64 of the Allen Addition, out of the John Austin Survey, A-1.

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Carol Ellinger Haddock, P.E., Director

Marjorie L. Cox

Assistant Director-Real Estate