SUBJECT: Ordinance authorizing the abandonment and sale of a 15-foot-wide prescriptive alley, from Durham Street to Sandman Street, located within Block 61, Brunner Addition, out of the John Austin Two League Grant Survey, A-1. Parcels SY15-037, SY15-046, and SY15-047.
RECOMMENDATION: (Summary) It is recommended City Council approve an ordinance authorizing the abandonment and sale of a 15-foot-wide prescriptive alley, from Durham Street to Sandman Street, located within Block 61, Brunner Addition, out of the John Austin Two League Grant Survey, A-1. Parcels SY15-037, SY15-046, and SY15-047.
SPECIFIC EXPLANATION: By Motion 2014-0995, City Council authorized the abandonment and sale of a 15-foot-wide prescriptive alley, from Durham Street to Sandman Street, located within Block 61, Brunner Addition, out of the John Austin Survey, A-1. Rosalind Ng, Dennis and Linda Conner (Michael Fuqua, Receiver), and Washington/Shepherd Partners, Ltd. (Barry Pulaski, General Partner), the abutting property owners, are under contract to sell their property to Fore Property. Fore Property plans to construct a six-story, 186-unit apartment complex in the location of the subject alley.
Rosalind Ng, Dennis and Linda Conner (Michael Fuqua, Receiver), and Washington/Shepherd Partners, Ltd. (Barry Pulaski, General Partner), have complied with the transaction requirements, have accepted the Citys offer, and have rendered payment in full.
The City will abandon and sell to Rosalind Ng:
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Parcel SY15-037
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2,250-square-foot right-of-way easement
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$119,250.00
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Valued at $53.00 per square foot
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The City will abandon and sell to Dennis and Linda Conner:
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Parcel SY15-046
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750-square-foot right-of-way easement
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$39,750.00
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The City will abandon and sell to Washington/Shepherd Partners, Ltd.:
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