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HomeMy WebLinkAboutA003 - Council Action form dated May 12, 1998 Ia'b Item # / Date: MaV 12 1 8 COUNCIL ACTION FORM SUBJECT: SET HEARING DATE TO VACATE AND SELL A PORTION OF THE EASTIWEST ALLEY IN BLOCK "A" BLACK'S 3 d ADDITION BACKGROUND: Frank Rankin is the owner of Mayfair Cleaners located at Lincoln Way and South Walnut Avenue. Mr. Rankin has requested that the City vacate the entire width of the east/west alley that abuts his property and sell it to him so he can redevelop his site. Note the attached map. It is staff's proposal to vacate the entire alley now and offer to sell the east 180 feet of the alley to Mr. Rankin. The purchase price for the east 180 feet of this alley is computed to be $16,308.00. In addition, Mr. Rankin will be expected to reimburse the cost of undergrounding the electric line ($24,730) and gas main since he intends to build on the alley. This is the same as would be required on any normal site development where the developer is expanding or rebuilding a structure on his site. An easement must be retained for the new underground facility. ALTERNATIVES: 1. Establish June 9 18 as the date of public hearing to vacate the east/west alley in Block "A" Black's 3" Subdivision and establish Jt r e 9, 9. 988 as the date of public ... hearing to sell the east 180 feet of the alley in Block "A" Black's 3 d Subdivision to Mr. Rankin. 2. Do not vacate the alley. MANAGER'S RECOMMENDED ACTION: It is the recommendation of the City Manager that the City Council establish June 9 . 18 as the date of public hearing to vacate the east/west alley in Block "A" Black's 3rd Subdivision and establish June 9, ' 9. as the date of public hearing to sell the east 180 ........ ................ feet of the alley in Block "A" Black's 3`d Subdivision to Mr. Rankin. COUNCIL ACTION: t t EAST 180' OF .» D Al +- TARGET ;° �_ -Ak . TTTI tVl 1V a� E L � �- ,cox +� •. �� AEA � � � r ° � G e s h