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AI# 11409
Regular City Council Meeting
6.17.
03/07/2023:
Information
Agenda Item
Resolution - Right-of-Way:
Consider a resolution authorizing the Mayor to execute a Street Use License and related documents, by and between the City of Lubbock, and the W.E. Medlock Jr. Estate d/b/a Broadway Plaza.
Item Summary
The Street Use License was issued to W.E. Medlock Jr. Estate Trust d/b/a Broadway Plaza, on April 12, 2001, for the courtyard of loft apartments. This license expired on April 14, 2021, and the W.E. Medlock Jr. Estate Trust requests renewal of the license.
The term of the license is for 20 years, payable every 5 years in advance, and each successive 5-year term is not to exceed 20 years, unless either party gives written notice of termination to the other party. The license fee for each 5-year period is $990, paid in advance, pursuant to current City policy.
Fiscal Impact
$990 will be added to the General Fund.
Staff/Board Recommending
Erik Rejino, Assistant City Manager
Michael G. Keenum, P.E., Division Director of Engineering/City Engineer
Attachments
Resolution (c) for Street Use License - Medlock
Street Use License (c) - Medloock
Map - Block 121, Lot 15, Orig Town of Lubbock Addition
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