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AI# 12004  Regular City Council Meeting 5.9. 10/10/2023:

Information

Agenda Item

Resolution - Right-of-Way: Consider a resolution authorizing the Mayor to accept and execute, for and on behalf of the City of Lubbock, a Concurrence Letter and a Street and Public Use Dedication Deed, and all related documents, in connection with certain real property located in Section 26, Block  AK, Lubbock County, Texas, on the north side of 98th Street, east of Alcove Avenue, owned by Brian D. Schroeder and Nancy E. Schroeder, to be utilized for the 98th Street Roadway Project.

Item Summary

Brian and Nancy Schroeder are dedicating right-of-way to the City to be utilized for roadway improvements on the 98th Street Capital Improvements Bond Project on the north side of 98th Street, east of Alcove Avenue. The proponents will dedicate 12,558 square feet of land for street right-of-way, for the total consideration of $122,395, as valued in appraisal reports by Atrium Real Estate Services, subject to final approval by the City Council and approval of title. The attached resolution will authorize the Mayor to accept, for and on behalf of the City of Lubbock, a Concurrence Letter and Street and Public Use Dedication Deed, and all related documents

Fiscal Impact

The cost of the land acquisition is $122,395 plus closing costs, and is funded in Capital Improvements Project 92811, 98th Street: Alcove Avenue to Upland Avenue – 22B.

Staff/Board Recommending

Erik Rejino, Assistant City Manager Michael G. Keenum, P.E., Division Director of Engineering/City Engineer

Attachments Resolution - Street and Public Use Dedication Deed - Schroeder Street and Public Use Dedication Deed - Schroeder Parcel 34 GIS map CIP 92811 Cost Detail CIP Project Detail

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