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10.

City Council Regular Meeting

Meeting Date:

10/22/2019

BACKGROUND

The Texas Department of Transportation (TxDOT) is working on a project to widen the right of way and paving of FM 1518 between IH 10 and FM 78 in the City of Schertz. The $45 million project is being funded with federal funds administered through the Alamo Area Metropolitan Planning Organization (AAMPO), TxDOT, the City of Schertz, and Bexar County.

In order to construct and operate the planned improvements to FM 1518, portions of numerous properties along the current right of way are needed and are proposed to be purchased by TxDOT. One of those parcels is owned by the City of Schertz. The parcel identified as “Parcel 146” is a narrow strip of land located on the west side of FM 1518, from the intersection of FM 1518 and Lower Seguin Road, south approximately 1,500 feet (0.46 kilometers) (see attached Exhibit A). TxDOT had a survey and appraisal performed for the parcel. Table 1 provides a summary of information regarding the City-owned parcel.

TABLE 1
Parcel Summary Information

Parcel ID	Parcel 146
Area of Parcel (ac)	0.5252 ac
Appraised Value ($ per sq ft)	$15,443 ($0.675 per sq ft)
Value of Improvements	$0
Total Offer Amount	$15,443

GOAL

The goal of this resolution is to accept compensation from TxDOT to provide necessary right of way for the FM 1518 improvement project within the City of Schertz.

COMMUNITY BENEFIT

Once necessary rights of way for the project have been acquired, TxDOT will be able to proceed with construction of the FM 1518 improvement project.

SUMMARY OF RECOMMENDED ACTION

Approval of Resolution 19-R-141, accepting the appraised value offer from TxDOT for the minor parcel needed as right of way for the FM 1518 improvement project.

FISCAL IMPACT

The City of Schertz will receive $15,443 in compensation for the property.

RECOMMENDATION

Staff recommends that the City Council approve Resolution 19-R-141, accepting the appraised value offer from TxDOT for the minor parcel needed as right of way for the FM 1518 improvement project.

Attachments
Res 19 R 141
Exhibit A - Parcel Location
Exhibit B Agreement