ORDINANCE finding and determining that public convenience and necessity no longer require the continued use of Tibbs Street, from Interstate 45 north to Bristol Street; vacating and abandoning the street to Arnold R. Lopez, abutting owner, in consideration of the payment of $87,078.00 to the City and other consideration - DISTRICT H - CISNEROS

SUBJECT: Ordinance authorizing the abandonment and sale of Tibbs Street, from Interstate 45 North to Bristol Street, out of the J. Austin Survey, A-1. Parcel SY15-097

RECOMMENDATION: (Summary) It is recommended City Council approve an ordinance authorizing the abandonment and sale of Tibbs Street, from Interstate 45 North to Bristol Street, out of the J. Austin Survey, A-1. Parcel SY15-097

SPECIFIC EXPLANATION:

Arnold R. Lopez, owner, requested the abandonment and sale of Tibbs Street, from Interstate 45 North to Bristol Street, out of the J. Austin Survey, A-1.  Arnold R. Lopez, the abutting property owner, plans to use the requested portion of TIbbs Street for surface parking for his commercial business.

Arnold R. Lopez has complied with the transaction requirements, has accepted the City's offer, and has rendered payment in full.

The City will sell to Arnold R. Lopez:

Parcel SY15-097

3,786 square-foot street easement:                            $87,078.00

Valued at $23.00 per square foot

TOTAL ABANDONMENT AND SALE                       $87,078.00

Therefore, it is recommended City Council approve an Ordinance authorizing the abandonment and sale of Tibbs Street, from Interstate 45 North to Bristol, out of the J. Austin Survey, A-1.

Nancy P. Collins

Senior Assistant Director-Real Estate

Phone: (832) 395-3130

Dale A. Rudick, P.E., Director

Department of Public Works and Engineering