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CITY OF HOUSTON - CITY COUNCIL
Meeting Date: 12/14/2021
District D
Item Creation Date: 9/24/2021
HPW 20CW9983 / Abandonment and sale of Greensboro Utility Easements/Parcels SY21-035A, SY21-035B and SY21-035C
Agenda Item#: 39.
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| | | | | | | | Summary:
ORDINANCE finding and determining that public convenience and necessity no longer require the continued use of a portion of a 10-foot-wide utility easement, located out of Lots 1-4, Greensboro Addition, D.W.C. Harris Survey Abstract 325, Houston, Harris County, Texas (Parcel SY21-035B), a 10-foot-wide utility easement (Parcel SY21-035C), or a 15-foot-wide utility easement (Parcel SY21-35A), both easements being located out of Unrestricted Reserve “A”, Block 1, Grocers Supply Addition, Section Two, D.W.C. Harris Survey, Abstract 325, Houston, Harris County, Texas; abandoning the easements to 2ML REAL ESTATE INTERESTS, INC, the Underlying Fee Owner, in consideration of its cash payment to the City of $103,202.00 and other good and valuable consideration - DISTRICT D - EVANS-SHABAZZ |
| | | | | | | | Background:
SUBJECT: Ordinance authorizing the abandonment and sale of one 10 foot-wide utility easement, a portion of one 10 foot-wide utility easement, and a 15 foot-wide utility easement located within Lots 1 through 4 of the Greensboro Addition and Grocers Supply Addition, Section Two, out of the D.W.C. Harris Survey, Abstract 325. Parcels SY21-035A, SY21-035B and SY21-035C
RECOMMENDATION: It is recommended City Council approve an ordinance authorizing the abandonment and sale of one 10 foot-wide utility easement, a portion of one 10 foot-wide utility easement, and a 15 foot-wide utility easement, all within Lots 1 through 4 of the Greensboro Addition and Grocers Supply Addition, Section Two, out of the D.W.C. Harris Survey, Abstract 325, in exchange for a cash consideration of $103,202.00. Parcels SY21-035A,SY21-035B and SY21-035C
SPECIFIC EXPLANATION: Tabish Siddiqui of Walter P. Moore, on behalf of Jim Arnold of 2ML Real Estate Interests, Inc. requested the abandonment and sale of one 10 foot-wide utility easement, a portion of one 10 foot-wide utility easement, and a 15 foot-wide utility easement all located within Lots 1 through 4 of the Greensboro Addition and Grocers Supply Addition, Section Two, out of the D.W.C. Harris Survey, Abstract 325. The applicant plans to incorporate the easements to be abandoned into its underlying fee property for construction of the Levit Green mixed-use development that will include office space, shops, apartments, and research facilities. The Joint Referral Committee reviewed and approved the request. 2ML Real Estate Interests, Inc. has completed the transaction requirements, has accepted the City's offer, and has rendered payment in full.
The City will abandon and sell to 2ML Real Estate Interests, Inc:
| Parcel SY21-035A |
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| 1,500 square feet of utility easement |
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$22,223.00 |
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| Valued at $29.63 per square foot x 50% |
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| Parcel SY21-035B |
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| 2,632 square feet of utility easement |
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$38,993.00 |
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| Valued at $29.63 per square foot x 50% |
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| Parcel SY21-035C |
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| 2,834 square feet of utility easement |
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$41,986.00 |
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| Valued at $29.63 per square foot x 50% |
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| TOTAL ABANDONMENT AND SALE |
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$103,202.00 |
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Therefore, it is recommended that City Council approve an ordinance authorizing the abandonment and sale of one 10 foot-wide utility easement, a portion of a 10 foot-wide utility easement, and a 15 foot-wide utility easement all located within Lots 1 through 4 of the Greensboro Addition and Grocers Supply Addition, Section Two, out of the D.W.C. Harris Survey, Abstract 325, in exchange for a cash consideration of $103,202.00.
FISCAL NOTE: Revenue for this item is included in the FY2022 Adopted Budget. Therefore, no fiscal note is required as stated in the financial policies.
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Carol Ellinger Haddock, P.E., Director
Houston Public Works
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| | | | | | | | Amount and Source of Funding:
REVENUE
General Fund (1000) |
| | | | | | | | Contact Information:
Marjorie L. Cox, Assistant Director-Real Estate Services
Houston Public Works Department
Phone: (832) 395-3130 |
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