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File #: 24-1777    Version: 1 Name:
Type: CONSENT AGENDA Status: Deferred
File created: 5/22/2024 In control: Water Utilities Department
On agenda: 6/26/2024 Final action:
Title: Authorize acquisition of a drainage easement from Medrano Properties, LTD., a Texas limited partnership, of approximately 1,797 square feet of land located on Knight Street near its intersection with Sylvester Avenue for the Throckmorton-Reagan Drainage Improvements Project - Not to exceed $77,126.00 ($74,126.00, plus closing costs, and title expenses not to exceed $3,000.00) - Financing: Stormwater Drainage Management Capital Construction Fund
Indexes: 2
Attachments: 1. Map, 2. Resolution, 3. Exhibit A, 4. Exhibit B
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY:                     Transportation & Infrastructure

AGENDA DATE:                     June 26, 2024

COUNCIL DISTRICT(S):                     2

DEPARTMENT:                     Water Utilities Department

EXECUTIVE:                     Majed Al-Ghafry

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SUBJECT

 

Title

Authorize acquisition of a drainage easement from Medrano Properties, LTD., a Texas limited partnership, of approximately 1,797 square feet of land located on Knight Street near its intersection with Sylvester Avenue for the Throckmorton-Reagan Drainage Improvements Project - Not to exceed $77,126.00 ($74,126.00, plus closing costs, and title expenses not to exceed $3,000.00) - Financing: Stormwater Drainage Management Capital Construction Fund

 

Body

BACKGROUND

 

This item authorizes the acquisition of a drainage easement from Medrano Properties, LTD., a Texas limited partnership, of approximately 1,797 square feet of land located on Knight Street near its intersection with Sylvester Avenue for the Throckmorton-Reagan Drainage Improvements Project. This property will be used for the purpose of improving the storm drainage system to address flooding in the area. The consideration is based on an independent appraisal. There are no relocation benefits associated with this acquisition.

 

PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)

 

This item has no prior action.

 

FISCAL INFORMATION

 

Fund

FY 2024

FY 2025

Future Years

Stormwater Drainage Management Capital Construction Fund

$77,126.00

$0.00

$0.00

 

 

 

 

 

OWNER

 

Medrano Properties, LTD., a Texas limited partnership

 

Ricardo Medrano Sr., General Partner

 

MAP

 

Attached