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HomeMy WebLinkAbout03/21 PCBC Abandon Street ORDINANCE NO. 03/21 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, ABANDONING PORTIONS OF THE STREET RIGHTS-OF-WAY OF NORTHWEST PARKWAY AND VILLANOVA DRIVE, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A", TO THE ABUTTING OWNER, PARK CITIES BAPTIST CHURCH, IN CONSIDERATION OF THE PAYMENT OF $290,000.00 AND DEDICATION OF AN UNDERGROUND UTILITY EASEMENT; PROVIDING FOR THE FURNISHING OF A CERTIFIED COPY OF THIS ORDINANCE FOR RECORDING IN THE REAL PROPERTY RECORDS OF DALLAS COUNTY, TEXAS, AS A QUITCLAIM DEED OF THE CITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of University Park, Texas, has determined that portions of the street rights-of-way of Northwest Parkway and Villanova Drive, described in Exhibit "A", are no longer needed or necessary for public street purposes by the City; and WHEREAS, the City has secured an appraisal of the interests being released and conveyed to determine the fair market value thereof; Now, Therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK, TEXAS: SECTION 1. That for and in consideration of the sum of $290,000.00 and the dedication of an underground utility easement, the receipt and sufficiency of which is hereby acknowledged, the City of University Park hereby abandons and quitclaims in favor of the abutting owner, Park Cities Baptist Church, all those certain tracts or parcels of land more particularly described in Exhibit "A", attached hereto and made a part hereof for all purposes, the same as if fully copied herein, consisting of 18,578 square feet of the public street right-of-way of Northwest Parkway (Parcel #1) and 4,900 square feet of the public street right-of-way of Villanova Drive (Parcel #2), in the City of University Park, Dallas County, Texas. SECTION 2. That the rights being abandoned in the property described in the Exhibit consist of street rights-of-way, all as shown in said Exhibit. SECTION 3. That the City of University Park does not abandon any other interest other than that described in Exhibit "A", but does hereby abandon all of its right, ritle, or interest, either in fee simple or by easement, or otherwise, in the described property, together with any and all improvements thereon. 57813 SECTION 4. That upon payment of the above stated consideration and receipt of an executed Utility Easement Deed to the City for an underground utility easement on Parcel 1, the City Secretary is directed to prepare a certified copy of this ordinance and fumish the same to Park Cities Baptist Church, and the recording of this abandonment ordinance in the real property records of Dallas County, Texas, shall serve as a quitclaim deed of the City of University Park to the said Park Cities Baptist Church, of such fight, title or interest of the City of University Park in and to such street fights-of-way described in Exhibit "A", either in fee simple or by easement or otherwise. SECTION 5. This ordinance shall take effect immediately from and after its passage, as the law and Charter in such cases provide. DULY PASSED by the City Council of the City of University Park, Texas, on the 2nd day of September 2003. ~ APP/OVED: /HAROLD PEI~K,//MAYOll APPROVED AS TO FORM: CITY ATTORNEY (RLD/9-02-03) ATTEST: 57813