The Copper Ridge Development Corporation, property owner in Copper Ridge Subdivision 2nd Filing, is replatting portions of Block 3 and 4 of Copper Ridge 2nd Filing.  With the new plat, which will be Copper Ridge Subdivision 3rd Filing, East Copper Ridge Loop right of way will be realigned.  This requires the street right of way to be vacated and new right of way to be dedicated.  None of the streets have been constructed.  Copper Ridge Development Corporation is the original developer, therefore, the right of way to be vacated is done at no cost to the developer.  Attached is a map showing the right of way to be vacated.   This Council action acknowledges the street vacation application and sets a public hearing date of July 9.  The new plat for Copper Ridge Subdivision 3rd Filing, which will dedicate new rights of way, will be presented for approval at either the July 9 or July 23, 2012 City Council meeting.

The Council may:

• Acknowledge receipt of the petition to vacate the above mentioned right of way and set a public hearing for July 9, 2012.
• Do not acknowledge the petition to vacate the right of way.

Since the right of way proposed to be vacated will revert to the original devloper and no streets are constructed, there is no cost for the vacation.  New right of way will be dedicated to replace the vacated area.

Staff recommends that Council acknowledge receipt of the petition to vacate portions of right of way within Copper Ridge Subdivision 2nd Filing and set a public hearing for July 9, 2012.