Title
Consider and take action on a resolution authorizing the sale of a property identified as P00091278 (Parcel 329) to TxDOT related to the construction of SH 99 Segment B1 in the amount of $5,990 (Executive Director of Capital Projects)
Background:
Approval of this resolution authorizes the sale of a property identified as P00091278 (Parcel 329) to TxDOT in the amount of $5,990 related to the construction of SH 99 Segment B1.
TxDOT is proposing to acquire 0.0687 (2,995 square feet) out of the called 37.61-acre tract owned by the City of League City, GCAD Parcel #514545 as Right-of-Way for the construction of SH 99 Segment B1. The 37.61-acre tract is currently used for the City’s Southwest Water Reclamation Facility. Location of this proposed acquisition is a small area south of the facility’s detention pond, away from the treatment process units. As an abundance of caution, the City and TxDOT entered into a Memorandum of Agreement. TxDOT shall provide for necessary adjustments, relocation or reconstruction if any City infrastructures are impacted. TxDOT has submitted an offer to the City of $5,990.
The City staff recommends acceptance of this offer.
Attachments:
1. Proposed Resolution
2. Exhibit A - Offer Letter & Survey Documents
3. Exhibit B - Sales Agreement
4. Maps - Galveston CAD, Grand Pkwy, Aerial
5. Compensation Summary - From Appraisal Report
6. Vicinity Aerial Map - From Appraisal Report
7. Supplemental Documents
FUNDING
{X} Revenue received by TxDOT will be deposited into the Right of Way (ROW) fund, fund 5030, revenue account number 5030-44200 (Sale of ROW). These funds will be used towards future utility land purchases or improvements to utility facilities.