SUBJECT
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An Ordinance ratifying the authority of the City Manager, or designee, to execute all necessary documents granting two easements to AEP, Texas, Inc. (AEP). The easements are described as follows: Easement (1) a 0.03-acre tract with an estimated Intangible asset value at $3,137.00 and Easement (2) a 0.34-acre tract with an estimated Intangible asset value at $35,545.00. Both easements are located over and across Lot 1, Block 1 Avanti Legacy Rosewood Plat recorded in Volume 42, Page 72, Webb County, Texas as depicted in Exhibit A, B and C attached and made part herein.
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VIVA LAREDO PLAN ALIGNMENT
Alignment Rating: Strong
Supporting Goal(s)/Policy(ies):
Policy 6.1 - Promote compact, efficient land development patterns and infill development
"Encourage compact, efficient development and infill that maximizes the use of existing infrastructure and provides for a range of housing options."
(Viva Laredo Comprehensive Plan, p. 6.6)
Policy 6.1.1 - Coordinate development with infrastructure expansion
"Coordinate future development with the orderly extension and expansion of infrastructure and services, including roads, water, sewer, and power."
(Viva Laredo Comprehensive Plan, p. 6.6)
Policy 7.1.1 - Increase the supply of safe, decent, affordable housing
"Encourage and support the development of quality affordable housing throughout the city."
(Viva Laredo Comprehensive Plan, p. 7.18)
Goal 7.1 - Provide a variety of housing types for all incomes and stages of life
"Ensure an adequate and affordable housing supply to meet the needs of current and future residents."
(Viva Laredo Comprehensive Plan, p. 7.18)
Summary of Alignment:
This ordinance directly supports infrastructure coordination and housing development goals outlined in the Viva Laredo Comprehensive Plan. By facilitating the provision of electric utility service through AEP to a future affordable apartment complex, the City ensures critical infrastructure is extended in tandem with new d...
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