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AI# 12020  Regular City Council Meeting 5.8. 10/10/2023:

Information

Agenda Item

Resolution - Right-of-Way: Consider a resolution authorizing the Mayor to accept and execute two Concurrence Letters, and two Street and Public Use Dedication Deeds, and all related documents, in connection with two parcels of property located in Section 26, Block AK, Lubbock County, on the north side of 98th Street between Upland Avenue and Alcove Avenue, owned by Connie Delle Cogdell, to be utilized for the 98th Street Road Project.

Item Summary

Connie Delle Cogdell is 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 between Upland Avenue and Alcove Avenue. The proponent will dedicate a 1.068 acre tract of land for street right-of-way, for the total consideration of $445,453, subject to final approval by the City Council and approval of title.  The proponent will also dedicate a 0.3333 acre tract of land for the same purpose for a total consideration of $129,373 for a combined consideration of $574,826. 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 $574,826 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 Deeds - Cogdell Street and Public Use Dedication Deeds - Cogdell CIP Project Detail

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