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			7.26.
Regular City Council Meeting
Meeting Date: 09/14/2021
Information
Agenda Item
Resolution - Right-of-Way: Consider a resolution authorizing the Mayor to execute a Street Use License, with Miguels Holdings LLC, to locate a business sign within the street right-of-way at 2002 Broadway.
Item Summary
This Street Use License is for the use of a portion of dedicated right-of-way, for a sign that is perpendicular to the attached building. The sign is located adjacent to 2002 Broadway, known as Block 41, Lot 23, Overton Addition, Lubbock County, Texas.  The minimum license fee of $100 per year will apply to the encroachment. The term of this license shall be for 5 years, and shall be automatically extended for successive 5-year terms, not to exceed 20 years. The license fee for each 5-year period is $500.
Fiscal Impact
$500 revenue every 5 years to the General Fund
Staff/Board Recommending
Jesica McEachern, Assistant City Manager
Attachments Resolution - Street Use License, Miguels Holdings LLC, Lot 23, Block 41, Overton Street Use License - Miguels Holdings LLC - Lot 23 Block 41 Overton Exhibit A - Street Use License - Miguels Holdings LLC - Lot 23 Block 41 Overton ROW Map - Street Use License - Miguels Holding LLC

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