Background:
SUBJECT: Ordinance authorizing the abandonment and sale of a 6 foot-wide water line easement and an 8 foot-wide sanitary sewer easement, in exchange for conveyance to the City of a 15 foot-wide sanitary sewer easement, all within Tract 8J, Block 3, out of the Broad Oaks Addition, out of the Charles Sage Survey, A-697. Parcels SY19-048A, SY19-048B and DY19-032
RECOMMENDATION: (Summary) It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 6 foot-wide water line easement and an 8 foot-wide sanitary sewer easement, in exchange for conveyance to the City of a 15 foot-wide sanitary sewer easement, all within Tract 8J, Block 3, out of the Broad Oaks Addition, out of the Charles Sage Survey, A-697. Parcels SY19-048A, SY19-048B and DY19-032
SPECIFIC EXPLANATION:
Dean Randall Hicks and Graeme Horne Hicks, the underlying property owners, requested the abandonment and sale of a 6 foot-wide water line easement and an 8 foot-wide sanitary sewer easement, in exchange for conveyance to the City of a 15 foot-wide sanitary sewer easement, all within Tract 8J, Block 3, out of the Broad Oaks Addition, out of the Charles Sage Survey, A-697. The applicants plan to incorporate the abandoned easements into their property for future addition to the existing single-family dwelling. The Joint Referral Committee reviewed and approved the request.
Dean Randall Hicks and Graeme Horne Hicks have completed the transaction requirements and have accepted the City's offer.
The City will abandon and sell to Dean Randall Hicks and Graeme Horne Hicks:
Parcel SY19-048A
924 square-feet water line easement: $38,808.00
Valued at $84.00 per square foot x 50%
Parcel SY19-048B
1,232 square-feet sanitary sewer easement: $51,744.00
Valued at $84.00 per square foot x 50%
TOTAL ABANDONMENT AND SALE: $90,552.00
In exchange, Dean Randall Hicks and Graeme Horne Hicks have paid:
Cash $3,100.00 (minimum fee)
Plus, Dean Randall Hicks and Graeme Horne Hicks will convey to the City:
Parcel DY19-032
2,719 square-feet sanitary sewer easement: $114,198.00
Valued at $84.00 per square foot x 50%
TOTAL CASH AND CONVEYANCE: $117,298.00
Inasmuch as the value of the $3,100.00 minimum fee plus the sanitary sewer easement being conveyed to the City is greater than the value of the water line easement and sanitary sewer easement being abandoned and sold, it is recommended City Council approve an ordinance authorizing the abandonment and sale of a 6 foot-wide water line easement and an 8 foot-wide sanitary sewer easement, in exchange for conveyance to the City of a 15 foot-wide sanitary sewer easement, all within Tract 8J, Block 3, out of the Broad Oaks Addition, out of the Charles Sage Survey, A-697.
Fiscal Note:
"Revenue for this item is included in the FY2023 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