STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: June 14, 2023
COUNCIL DISTRICT(S): 6
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
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SUBJECT
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An ordinance abandoning a portion of a utility easement to BCIF Oakdale Logistics Center LLC, the abutting owner, containing approximately 157,176 square feet of land, located near the intersection of Singleton Boulevard and Weir Street - Revenue: General Fund $7,800.00, plus the $20.00 ordinance publication fee
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BACKGROUND
This item authorizes the abandonment of a portion of a utility easement to BCIF Oakdale Logistics Center LLC, the abutting owner, containing approximately 157,176 square feet of land. The area will be included with the property of the abutting owner to construct an industrial development. The cost for this abandonment is the minimum processing fee pursuant to the Dallas City Code, therefore, no appraisal is required.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
Revenue: General Fund $7,800.00, plus the $20.00 ordinance publication fee
OWNER
BCIF Oakdale Logistics Center LLC
Ares Industrial Real Estate Fund OP LP, Sole Member
Ares Industrial Real Estate Fund GP LLC, General Partner
MAP
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