SUBJECT
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Accepting the conveyance of a 20-foot wide utility and access easement containing 20,307.19 square feet more or less out of Tract IV, 4V Holdings, LTD., recorded in Volume 3702, page 643, and Volume 2252, pages 813-822, Webb County, Texas more particularly described in metes and bounds Exhibit “B” and in Exhibit “A”, attached hereto and made part of, providing for an effective date.
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PREVIOUS COUNCIL ACTION
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BACKGROUND
The City of Laredo is requesting said easements to accommodate the 16-inch water main from Cuatro Vientos elevated storage tank to the intersection of Concord Hills Blvd and Wormers Road. The easement is needed to serve the City of Laredo Sports Complex.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends approval.
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Fiscal Impact
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Change Order: Exceeds 25% Y/N: Click or tap here to enter text.
FINANCIAL IMPACT:
LUE fee credit per square foot: 20,307 x $5.00=$101,535.95 will be added to City’s Fixed Asset System.