Item Coversheet

CITY OF HOUSTON - CITY COUNCIL

Meeting Date: 10/10/2023
District G
Item Creation Date: 9/6/2023

HPW20RDP10150/Abandonment & Sale/Harbor Oaks Drive/SY22-120

Agenda Item#: 32.


 
                               
Summary:

ORDINANCE finding and determining that public convenience and necessity no longer require the continued use of Harbor Oaks Drive Cul-de-sac, in the George L. Bellows League, A-3; abandoning said easement to MI DEERWOOD SOUTH PROPERTY OWNER, LLC, the abutting owner, in consideration of its cash payment to the City in the amount of $234,539.00, and other good and valuable consideration – DISTRICT G - HUFFMAN

Background:

SUBJECT: Ordinance authorizing the abandonment and sale of Harbor Oaks Drive cul-de-sac, adjacent to Unrestricted Reserve A, Block 1 of MI Deerwood Subdivision, a Replat of Greentree Place, Reserve B, Block 2, out of the George Bellows League Survey, A-3. Parcel SY22-120

RECOMMENDATION: It is recommended City Council approve an ordinance authorizing the abandonment and sale of Harbor Oaks Drive cul-de-sac, adjacent to Unrestricted Reserve A, Block 1 of MI Deerwood Subdivision, a Replat of Greentree Place, Reserve B, Block 2, out of the George Bellows League Survey, A-3, in exchange to the City for a consideration of $234,539.00. Parcel SY22-120


SPECIFIC EXPLANATION:
Bianca Giron of Kimley-Horn, on behalf of MI Deerwood South Property Owner LLC, requested the abandonment and sale of Harbor Oaks Drive cul-de-sac, adjacent to Unrestricted Reserve A, Block 1 of MI Deerwood Subdivision, a Replat of Greentree Place, Reserve B, Block 2, out of the George Bellows League Survey, A-3. The abandonment request is for a cul-de-sac that will be used for additional parking spaces for the proposed development of multifamily units. The Joint Referral Committee reviewed and approved the request.

MI Deerwood South Property Owner LLC has completed the transaction requirements, has accepted the City’s offer, and has rendered payment in full.

The City will abandon and sell to MI Deerwood South Property Owner LLC.



Parcel SY22-120

13,449 SF @$17.00 PSF X 99% ………...$226,347.00 (R)
Depreciated Value of Improvements
(4,550 SF Paving) ……................................ $8,192.00

TOTAL ABANDONMENT AND SALE    $234,539.00

Therefore, it is recommended that City Council approve an ordinance authorizing the abandonment and sale of Harbor Oaks Drive cul-de-sac, adjacent to Unrestricted Reserve A, Block 1 of MI Deerwood Subdivision, a Replat of Greentree Place, Reserve B, Block 2, out of the George Bellows League Survey, A-3 in exchange to the City for a consideration of $234,539.00.



FISCAL NOTE: Revenue for this item is included in the FY2024 Adopted Budget. Therefore, no Fiscal Note is required as stated in the financial Policies.


 

 

 

 


Carol Ellinger Haddock, P.E., Director

Houston Public Works


Amount and Source of Funding:
REVENUE
Fund 1000
General Fund
Contact Information:
Addie L. Jackson, Esq.
Assistant Director-Real Estate
(832) 395-3164
ATTACHMENTS:
DescriptionType
Signed coversheetSigned Cover sheet
Aerial MapBackup Material