STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: April 24, 2024
COUNCIL DISTRICT(S): 14
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
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SUBJECT
Title
An ordinance granting a private license to 1601 EIm Holdings, LP., for the use of approximately 35 square feet of aerial space to install, maintain and utilize an awning with premise sign over a portion of Elm Street right-of-way located near its intersection with Akard Street - Revenue: General Fund $1,000.00 annually, plus the $20.00 ordinance publication fee
Body
BACKGROUND
This item grants a private license to 1601 Elm Holdings, LP., for the use of approximately 35 square feet of aerial space to install, maintain and utilize an awning with premise sign over a portion of Elm Street right-of-way located near its intersection with Akard Street. The use of this area will not impede pedestrian or vehicular traffic. The term of this license is 40 years.
The license will indemnify the City and carry general liability insurance naming the City as an additional insured.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
Revenue: General Fund $1,000.00 annually, plus the $20.00 ordinance publication fee
OWNERS
1601 Elm Holdings, LP.
PE 1601 Holdings GP, LLC, General Partner
Pacific Elm Partners, LP., Governing
PE Partners GP, LLC, General Partner
William Prewitt, Executive Vice President
MAP
Attached