Title
Consider and take action on a resolution authorizing the sale of a property as Drainage Easement identified as P000093060 (Parcel 340E) to TxDOT related to the construction of SH 99 Segment B1 in the amount of $9,845.00 (Executive Director of Capital Projects)
Background:
Approval of this resolution authorizes the sale of a property as Drainage Easement identified as P000093060 (Parcel 340E) to TxDOT in the amount of $9,845.00 related to the construction of SH 99 Segment B1.
TxDOT is proposing to acquire 0.0571 acre (2,486 square feet) out of the called 17.61-acre tract owned by the City of League City, GCAD Parcel #428871 as Drainage Easement for an outfall pipe out of a TxDOT future detention pond into Magnolia Bayou related to the construction of SH 99 Segment B1. The 17.61-acre tract is currently used for the drainage and detention pond for the Bay Colony Northpointe Subdivision and the Bay Colony master planned community. Location of this proposed acquisition is on the northern property line, southeast of FM 646. TxDOT has submitted an offer of $9,845.00 to the City.
The City staff recommends acceptance of this offer.
Attachments:
1. Proposed Resolution
2. Exhibit A-Offer Letter & Survey Documents
3. Maps - Galveston CAD,Grand Pkwy, & Aerial
4. Comp Summary - From Appraisal Report
5. Vicinity Aerial Map From App Report
6. 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.