STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: October 26, 2022
COUNCIL DISTRICT(S): 2
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
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SUBJECT
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An ordinance amending Ordinance No. 32037, previously approved on October 27, 2021, which abandoned portions of an alley, located near the intersection of Malcolm X Boulevard and Taylor Street to SL4 Deep Ellum, LP, Meghani Partnership, Inc., Radical Computing, lnc., TRW Realty Holdings, LLC and Travertine, LLC, by altering Section 11 to extend certain requirements’ timeline from twelve months to eighteen months - Revenue: General Fund $7,800.00, plus the $20.00 ordinance publication fee
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BACKGROUND
This item authorizes an amendment to Ordinance No. 32037, previously approved on October 27, 2021, which abandoned portions of an alley, located near the intersection of Malcolm X Boulevard and Taylor Street to SL4 Deep Ellum, LP, Meghani Partnership, Inc., Radical Computing, lnc., TRW Realty Holdings, LLC and Travertine, LLC. This amendment will extend the timeline requirement from twelve months to eighteen months to allow for approval of engineering plans and Private Development Contracts (P-Contracts) or a covenant agreement.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On October 27, 2021, City Council authorized the abandonment of portions of an alley to SL4 Deep Ellum, LP, Meghani Partnership, Inc., Radical Computing, lnc., TRW Realty Holdings, LLC and Travertine, LLC, the abutting owners, containing a total of approximately 11,181 square feet of land by Resolution No 21-1743; Ordinance 32037.
FISCAL INFORMATION
Revenue: General Fund $7,800.00, plus the $20.00 ordinance publication fee
OWNERS
SL4 Deep Ellum, LP
SL4 Deep Ellum GP, LLC
SOP Manager IV, LLC
Kenneth E. Aboussie, Manager
Meghani Partnership, Inc.
Akber Meghani, President
Radical Computing, Inc.
Mark Cuban, President
TRW Realty Holdings, LLC
Todd Wagner, President
Travertine, Inc
Christine Lambert, Owner
MAP
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