Prospect Surveying, on behalf of the Lake Country Estates Home Owners Association, has requested the vacation of this right-of-way to be replatted for the existing entry feature and fountain for the Home Owners Association (HOA). The City Plan Commission recommended approval of this request at its meeting on January 27, 2016. An acceptable final plat (FS-16-055) has been received in accordance with the Subdivision Ordinance. This M&C does not request approval of a contract with a business entity.
The City of Fort Worth (City) originally obtained the above mentioned rights-of-way through the platting process. The City does not own any fee interest in the rights-of-way or own any property adjacent to the rights-of-way and did not expend any City funds to purchase the right-of-way easements. In accordance with the City's policy regarding street and alley vacation transactions approved by the City Council on March 6, 2007 (M&C G-15624), Staff recommends waiving the fair market value or any portion thereof of purchase price of the right-of-way easement for the street and alley.