ORDINANCE finding and determining that public convenience and necessity no longer require continued use of a 20-foot-wide Storm Sewer Easement located east of Asbury Street, between Logan Lane and Memorial Drive, situated in the John Reinerman Survey, Abstract No. 642, and being a portion of unrestricted Reserve “A,” Block 1 of Orion Place, Harris County, Texas; abandoning said easement to the underlying property owner, in consideration of its payment to the City in the amount of $43,255.00, and other good and valuable consideration - DISTRICT C - KAMIN

SUBJECT: Ordinance authorizing the abandonment and sale of a 20 foot-wide storm sewer easement located east of Asbury Street, between Logan Lane and Memorial Drive, situated in the John Reinerman Survey, Abstract Number 642, and being a portion of Unrestricted Reserve A, Block 1 of Orion Place. Parcel SY24-070

RECOMMENDATION: (Summary) It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 20 foot-wide storm sewer easement located east of Asbury Street, between Logan Lane and Memorial Drive, situated in the John Reinerman Survey, Abstract Number 642, and being a portion of Unrestricted Reserve A, Block 1 of Orion Place, in exchange for a cash consideration to the City of Houston of $43,255.00. 

SPECIFIC EXPLANATION:
US Living Memorial and Asbury LLC., requested the abandonment and sale of a 20 foot-wide storm sewer easement located east of Asbury Street, between Logan Lane and Memorial Drive, situated in the John Reinerman Survey, Abstract Number 642, and being a portion of Unrestricted Reserve A, Block 1 of Orion Place. US Living Memorial and Asbury LLC plans to build a multi-family building. The Joint Referral Committee reviewed and approved the request.

US Living Memorial and Asbury 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 US Living Memorial and Asbury LLC: 

Parcel SY24-070

820 square foot Storm Sewer Easement:

Valued at $105.50 per square foot x 50%  $43,255.00

TOTAL ABANDONMENT AND SALE:              $43,255.00

It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 20 foot-wide storm sewer easement located east of Asbury Street, between Logan Lane and Memorial Drive, situated in the John Reinerman Survey, Abstract Number 642, and being a portion of Unrestricted Reserve A, Block 1 of Orion Place, in exchange for a cash consideration to the City of Houston of $43,255.00.

Fiscal Note:
Revenue for this item is included in the FY2025 Adopted Budget. Therefore, no Fiscal Note is required as stated in the Financial Policies.

_____________________________

Randall V. Macchi 

Chief Operating Officer 

Houston Public Works 

REVENUE 

FUND 1000

GENERAL FUND