SUBJECT: Abandonment and sale of a 50 foot-wide unnamed street easement, located west of Glen Hollow Drive and being part of Lots 10 and 12, Block 3, of the South Acres Incorporated Subdivision, out of the John White Survey. Parcel SY21-077
RECOMMENDATION: It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 50 foot-wide unnamed street easement, located west of Glen Hollow Drive and being part of Lots 10 and 12, Block 3, of the South Acres Incorporated Subdivision, out of the John White Survey, in exchange for a consideration of $32,700.00. Parcel SY21-077
SPECIFIC EXPLANATION: Mr. Gene Johnston, Paradigm Design, 1340 West 25th Street, Houston, Texas, 77008, on behalf of CABE Builders, LLC, (Brian Striegold, Partner), requested the abandonment and sale of a 50 foot-wide unnamed street easement, located west of Glen Hollow Drive and being part of Lots 10 and 12, Block 3, of the South Acres Incorporated Subdivision, out of the John White Survey. The abutting property owner plans to incorporate the subject street with its surrounding property for single family home construction. The Joint Referral Committee reviewed and approved this request.
CABE Builders, LLC, has completed the transaction requirements, has accepted the City's offer, and has rendered payment in full.
The City will sell to CABE Builders, LLC:
Parcel SY21-077
15,000 square feet of street easement $32,700.00
Valued at $2.18 per square foot x 100%
TOTAL ABANDONMENT AND SALE $32,700.00
Therefore, it is recommended City Council approve an ordinance authorizing abandonment and sale of a 50 foot-wide unnamed street easement, located west of Glen Hollow Drive and being part of Lots 10 and 12, Block 3, of the South Acres Incorporated Subdivision, out of the John White Survey, in exchange for a consideration of $32,700.00.
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