AGENDA CAPTION:
Title
Consider approval of Ordinance 2023-58, on the second of two readings, approving the abandonment of a 43,560 square foot right-of-way described as Paramount Circle within the Champions Business Park Subdivision and located between I-35 Frontage and Post Road, subject to replacement right-of-way being dedicated to the city; authorizing the City Manager, or her designee, to execute a quitclaim deed to the abutting property owner requesting such abandonment, subject to the owner dedicating a replacement right-of-way to the city; and providing an effective date.
Body
Meeting date: September 19, 2023
Department: Planning and Development Services
Amount & Source of Funding
Funds Required: N/A
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Funds Available: N/A
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Fiscal Note:
Prior Council Action: City Council voted 6-0 to approve this request on first reading.
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Background Information:
Paramount Circle (43,560 square feet), Champions Boulevard (36,154.8 square feet), and Premier Parkway (52,272 square feet) are to be abandoned due to Right of Way realignment and dedication through Yarrington Commons Preliminary Plat. The existing Right of Way is currently improved with existing water lines. City Staff determined that sufficient right of way is being dedicated on the preliminary plat and the roadways are no longer necessary. Per Municipal Code Sec...
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