DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: 1
SUBJECT:
Amendment to Texas Department of Transportation Agreement
SUMMARY:
This ordinance authorizes amending an agreement with the Texas Department of Transportation (TXDOT) to return property under IH35 between Camden Street and East Quincy Street from City control to TXDOT.
BACKGROUND INFORMATION:
On November 2, 1995, the City of San Antonio and TXDOT entered a Multiple Use Agreement (MUA) to permit the City to construct, maintain, and operate public, off-street parking lots under the elevated portions of IH35 at three locations: between the San Antonio River and Camden Street, between Camden Street and East Quincy Street, and between N. Flores Street and Camaron Street. In 2003, TXDOT entered a lease agreement with CPS Energy for a private/restricted parking lot at the location between the San Antonio River and Camden Street. TXDOT’s lease with CPS Energy terminated December 31, 2013. On February 5, 2014, TXDOT and the City of San Antonio amended their original MUA to return the area previously leased to CPS Energy to City control and to authorize modifications by the City, including construction of a new driveway and pedestrian gate.
On January 13, 2015, the City advised TXDOT that the owner of the Finesilver Building at 816 Camaron Street had expressed interest in entering an agreement with TXDOT for the property under IH35 between N. Flores Street and Camaron Street if the City would agree to remove the property from its agreement with TXDOT. In its letter to TXDOT, the City indicated its support of the request, provided TXDOT and the Finesilver Building owner were able to negotiate an agreement. On June 16, 2016 City Council approved amending the MUA to remove the property between N. Flores Street and Camaron Street as a result of TXDOT’s successful lease negotiations with the Finesilver Building owner.
Recently, TXDOT advised the City of its plans to begin actively marketing leasing opportunities for the off-street parking lots under the elevated portions of IH35 between Camden Street and East Quincy Street. TXDOT requested the City approve amending the MUA to return control of this property to TXDOT. Area property owners have been advised TXDOT intends to actively market the property, and they are supportive of TXDOT’s plan.
ISSUE:
Approval of this ordinance will release City control of TXDOT property in order to allow TXDOT to actively market and lease property.
ALTERNATIVES:
No Alternative
FISCAL IMPACT:
There will be no fiscal impact.
RECOMMENDATION:
Staff recommends approval of amending the MUA with the Texas Department of Transportation (TXDOT) to return property under IH35 between Camden Street and East Quincy Street from City control to TXDOT