Adopt Ordinance Vacating a Portion of Schadt Street and an Alley in Block 6, KM Dixie Wagon Manufacturing Company Addition to be Replatted with the Adjoining Property to Provide Room for Additional Storage Space for Materials on Site for the Existing Development (COUNCIL DISTRICT 2)

It is recommended by the City Plan Commission that the City Council:

1.  Adopt the attached ordinance vacating a portion of Schadt Street and an alley to be replatted with the adjoining property to provide room for additional storage space for materials on site for the existing development; and

2.  Waive any and all purchase fee value of the vacated land in accordance with City policy.

Yazel Peebles and Associates, LLC, on behalf of Vicente Paulin, has requested the vacation of this portion of Schadt Street and an alley to be replatted with the adjoining property for additional storage space for materials on site for the existing development.  The City Plan Commission recommended approval of this request at its meeting on December 16, 2016.  An acceptable final plat (FS-16-245) has been received in accordance with the Subdivision Ordinance.  

The City of Fort Worth (City) originally obtained the above mentioned rights-of-way through platting process.  The City does not possess 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 in fee or by easement.  In accordance with the City's policy regarding street and alley vacation transactions approved by the City Council on March 6, 2007, Mayor and Council Communication (M&C G-15624), Staff recommends waiving the fair market value or any portion thereof of purchase price of the right-of-way easements for the street and alley.

This project is located in COUNCIL DISTRICT 9, Mapsco 62Y.