SUBJECT: Ordinance authorizing the abandonment and sale of an alley, from North Durham Drive east 426 feet, in exchange for conveyance to the City of a 10 foot-wide access easement, between West 25th Street and West 26th Street, within Block 34 of the Houston Heights Addition, out of the John Austin Survey, Abstract 1. Parcels SY19-062 and AY19-121
RECOMMENDATION: It is recommended City Council approve an ordinance authorizing the abandonment and sale of an alley, from North Durham Drive east 426 feet, in exchange for a cash consideration of $1,134,000.00 and conveyance to the City of a 10 foot-wide access easement, between West 25th Street and West 26th Street, within Block 34 of the Houston Heights Addition, out of the John Austin Survey, Abstract 1. Parcels SY19-062 and AY19-121
SPECIFIC EXPLANATION: Ben Allsop of Kimley-Horn and Associates, on behalf of Slate Heights, LP (Courtney Blackburn, Managing Director) requested the abandonment and sale of an alley, from North Durham Drive east 426 feet, within Block 34 of the Houston Heights Addition, out of the John Austin Survey, Abstract 1. The applicant plans to construct a new apartment complex within the subject area. The Joint Referral Committee reviewed and approved the request subject to the conveyance to the City of a 10 foot-wide access easement. Slate Heights, LP, has completed the transaction requirements, has accepted the City's offer and has rendered payment.
The City will abandon and sell to Slate Heights, LP:
| Parcel SY19-062 |
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| 15,675 square feet of right-of-way easement |
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$1,254,000.00 |
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| Valued at $80.00 per square foot x 100% |
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| TOTAL ABANDONMENT AND SALE |
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$1,254,000.00 |
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In exchange, Slate Heights, LP, has paid:
Plus Slate Heights, LP, will convey to the City:
| Parcel AY19-121 |
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| 1,500 square feet of accesseasement |
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$120,000.00 |
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| Valued at $80.00 per square foot x 100% |
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| TOTAL CASH AND CONVEYANCE |
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Therefore, it is recommended City Council approve an ordinance authorizing the abandonment and sale of an alley, from North Durham Drive east 426 feet, in exchange for a cash consideration of $1,134,000.00 and conveyance to the City of a 10 foot-wide access easement, between West 25th Street and West 26th Street, within Block 34 of the Houston Heights Addition, out of the John Austin Survey, Abstract 1.
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Carol Ellinger Haddock, P.E., Director
Houston Public Works