DEPARTMENT: Transportation and Capital Improvements
DEPARTMENT HEAD: Mike Frisbie, P.E.
COUNCIL DISTRICTS IMPACTED: Council District 1
SUBJECT:
Disposition: Closure of improved West Park Avenue and Maverick Street Public Rights of Way
SUMMARY:
A resolution supporting the closure, vacation and abandonment of 1.022 acres of improved West Park Avenue and Maverick Street Public Rights of Way, in Council District 1, as requested by Alamo Colleges District, for a fee of $567,210.00.
BACKGROUND INFORMATION:
Alamo Colleges District, Petitioner, is requesting the closure, vacation and abandonment of improved portions of West Park Avenue and Maverick Street Public Rights of Way located between San Pedro Avenue and West Evergreen Street as shown on attached Exhibit A. The Petitioner owns all the abutting property. The proposed closures would provide for and facilitate the future expansion of San Antonio College. The plan includes 4-story residential housing and a 5-level parking garage as shown on attached conceptual plan. The proposed closures would support the new development and provide controlled accessibility. The total acreage for these rights of way is 1.022, which translates to 44,504 square feet.
ISSUE:
This resolution will support the closure, vacation and abandonment of 1.022 acres of improved West Park Avenue and Maverick Street Public Rights of Way, in Council District 1, as requested by Alamo Colleges District, for a fee of $567,210.00.
Alamo Colleges District, Petitioner, is requesting the closure, vacation and abandonment of improved portions of West Park Avenue and Maverick Street Public Rights of Way located between San Pedro Avenue and West Evergreen Street as shown on attached Exhibit A. The Petitioner owns all the abutting property. The proposed closures would provide for and facilitate the future expansion of San Antonio College. The plan includes 4-story residential housing and a 5-level parking garage as shown on attached conceptual plan. The proposed closures would support the new development and provide controlled accessibility. The total acreage for these rights of way is 1.022, which translates to 44,504 square feet.
This action is consistent with City Code and Ordinances, which require Planning Commission/City Council approval for the sale or disposition of City-owned or controlled real property.
ALTERNATIVES:
Planning Commission could choose not to approve this request; however, if not approved, this would impede plans to develop and provide housing and parking for the ever growing campus of San Antonio College.
FISCAL IMPACT:
The fair market value of these Rights of Way is $567,000.00, which was established by an appraisal performed by Noble and Associates, Inc. on May 30, 2018. With added administrative costs, the City will collect a total of $567,210.00 for this property. This revenue will be deposited into the General Fund in accordance with FY 2019 Adopted Budget.
RECOMMENDATION:
Staff recommends approval of this request to close, vacate and abandon improved segments of West Park Avenue and Maverick Street Public Rights of Way, in Council District 1.