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File #:
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25-4124
Version:
1
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Name:
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Type:
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Agenda Item
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Status:
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Consent Agenda
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On agenda:
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7/7/2025
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Final action:
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Title:
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Approval of a Resolution of the City Council of the City of Lewisville, Texas, Authorizing the Acquisition of a Drainage Easement on Approximately 1.686 Acres Across Portions of Tracts of Land Generally Located at 830 Valley Ridge Blvd Situated in the A.G. King Survey, Abstract Number 698, Further Described as Elm Fork Industrial Park, Lots 5A, 5B, And 5C within the City of Lewisville, Denton County, Texas, for the Construction, Operation, Maintenance, Repair, or Enlargement of Public Drainage Improvements to Provide for Adequate Drainage for the Properties Generally Bounded by East College Street, Valley Ridge Boulevard, State Highway 121 Business, East Main Street and Railroad Street; Determining the Public Use and Public Necessity of Such Acquisition; Authorizing the City Manager (or Her Designee) to do Each and Every Act Necessary to Acquire the Needed Property in Exchange for Consideration as Set Forth Herein and in Compliance with all Applicable Laws; Ratifying any Documents Prev...
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title
Approval of a Resolution of the City Council of the City of Lewisville, Texas, Authorizing the Acquisition of a Drainage Easement on Approximately 1.686 Acres Across Portions of Tracts of Land Generally Located at 830 Valley Ridge Blvd Situated in the A.G. King Survey, Abstract Number 698, Further Described as Elm Fork Industrial Park, Lots 5A, 5B, And 5C within the City of Lewisville, Denton County, Texas, for the Construction, Operation, Maintenance, Repair, or Enlargement of Public Drainage Improvements to Provide for Adequate Drainage for the Properties Generally Bounded by East College Street, Valley Ridge Boulevard, State Highway 121 Business, East Main Street and Railroad Street; Determining the Public Use and Public Necessity of Such Acquisition; Authorizing the City Manager (or Her Designee) to do Each and Every Act Necessary to Acquire the Needed Property in Exchange for Consideration as Set Forth Herein and in Compliance with all Applicable Laws; Ratifying any Documents Previously Executed by the City Manager or Her Designee in Order to Acquire the Easement; Providing for Repealing and Severability Clauses; and Providing for an Effective Date.
request
ADMINISTRATIVE COMMENTS:
The acquisition of a permanent drainage easement is essential for the construction, operation, maintenance, repair, or enlargement of public drainage facilities to provide for the adequate drainage to support planned developments on the east side of Old Town, such as the Standard at Old Town affordable housing project, and will increase the potential for redevelopment of other adjacent properties. The total purchase price for the easement is $275,000, which will be shared equally between the City and Ojala Partners or its affiliate, with each contributing $137,500. Funding for the City’s share is available in the Land Acquisition capital project.
RECOMMENDATION:
That the City Council approve the resolution as set forth in the caption above.
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