SUBJECT: PROPERTY: PURCHASE of Parcel AY15-067, located at 3609, 3611, 3615, 3617 and 3619 West Alabama Street for the WEST ALABAMA STREET PAVING AND DRAINAGE PROJECT (from Weslayan Street to Buffalo Speedway), WBS N-000751-0001-2-01; OWNER: Randal Kent Doerner, Mark Frederick Doerner and Alison Joan Doerner, Individually and as Independent Executor of the Estate of Karl F. Doerner, Jr., deceased.
RECOMMENDATION: (Summary) Authority be given through Council Motion to PURCHASE Parcel AY15-067.
SPECIFIC EXPLANATION:
The WEST ALABAMA STREET PAVING AND DRAINAGE PROJECT (from Weslayan Street to Buffalo Speedway) will replace a street that has been deteriorated beyond economical repair and normal maintenance. It will provide for the right-of-way acquisition, design and construction of a four-lane undivided concrete roadway with storm drainage, curbs, sidewalks, driveways, street lighting, traffic control and necessary underground utilities to improve traffic circulation, mobility and drainage in the service area and upgrade the existing roadway to Major Thoroughfare Freeway Plan (MTFP) standards.
The City will acquire 1,245 square feet in easement out of improved commercial property. The City’s offer was based on an appraisal by David R. Bethel, MAI and Stephen D. Kovar, Jr. The valuation was reviewed and recommended for approval by a senior staff appraiser of this department. The breakdown is as follows:
Parcel AY15-067 (Easement)
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LAND:
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1,245 square feet @ $115.00 PSF X 100%
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$143,175.00
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Improvements
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$1,289.00
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Cost to Cure
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$3,867.00
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Total Consideration
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$148,331.00
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Title Policy and Services
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$ 2,200.00
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TOTAL AMOUNT
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$150,531.00
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It is recommended that authority be given through Council Motion to PURCHASE Parcel AY15-067, and improvements located thereon at 3609, 3611, 3615, 3617 and 3619 West Alabama Street, owned by Randal Kent Doerner, Mark Frederick Doerner and Alison Joan Doerner, Individually and as Independent Executor of the Estate of Karl F. Doerner, Jr., deceased. This parcel being 1,245 square feet of land for street right-of-way out of a certain tract conveyed to K. F. Doerner as recorded in Volume 2668, Page 421, Volume 2671 Page 361, Volume 2671 Page 377, Volume 2672 Page 461, Volume 2672, Page 463, Volume 2672 Page 468, Volume 3268 Page 264, Volume 3268, Page 257, Volume 3268, Page 266, Volume 5147 Page 258 (File B702762), Volume 5147 Page 282 (File B702780) of Harris County Deed Records (H.C.D.R.), Karl F. Doerner, Jr. per File G863546 of the Official Public Records of Real Property of Harris County (O.P.R.R.P.H.C.), Joan Bennett Doerner per File J800841 O.P.R.R.P.H.C, Randal Kent Doerner per Files J857513, J857520, K348310, K348315, K907683, K907689 O.P.R.R.P.H.C, Mark Fredrick Doerner per Files J857514, J857519, K348311, K348314, K907685, K907686 O.P.R.R.P.H.C, Alison Joan Doerner per Files J857515, J587518, K348309, K348312, K907687, K907690 O.P.R.R.P.H.C, Karl Felton Doerner, II per Files J857516, J857517, K348308, K348313, K907684, K907688 O.P.R.R.P.H.C, Nelson Bennet Doerner per Files J857512, and H857521 O.P.R.R.P.H.C of Harris County, Texas, according to City of Houston approved field notes.