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HomeMy WebLinkAbout04/06/2011 5K DATE SUBMITTED March 14, 2011 AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Resolution No 315 7 to Committee Meeting Date • March 23, 2011 Establish May 18, 2011 as a Hearing Date to COUNCIL MEETING Date April 6, 2011 vacate an Alley for Olympic College Department PW &U between 13 and 15 Streets, West of Presenter Gunnar Fndriksson Warren Avenue Phone 473 -2354 SUMMARY: Olympic College has petitioned the City of Bremerton to vacate the alley between 13 and 15 Streets, West of Warren Avenue The College is completing campus improvements including replacement of parking lots to new building construction The new parking lot will encompass the entire block between 13 and 15 Streets, and Broadway and Warren Avenues rendering the alley useless for access Deferred compensation and fees for this vacation is requested until the right of way dedication along 13 Street and Warren Avenue is completed ATTACHMENTS: 1 Resolution No 313 , 2 Exhibit Drawing, and 3 Staff Report FISCAL IMPACTS (Include Budgeted Amount) The compensation for this vacation is estimate at $92,498 As Olympic college develops new rights of way to be dedicated to the City, the value of these rights of way will be applied against the $92,498 Olympic College has three years from the date of execution of this vacation to develop these rights of ways After the three years, any remaining balance will be paid to the City If the value of the rights of way are greater than the compensation for the vacation, the City is not obligated to make any payment to Olympic College APPROVALS: DEPARTMENT DIRECTOR w CITY ATTORNEY l� FINANCE DIRECTOR MAYOR COMMITTEE CHAIR COUNCIL PRESIDENT C_ CONSENT AGENDA GENERAL BUSINESS ❑ PUBLIC HEARING ❑ RECOMMENDED MOTION: Move to pass Resolution No 3 137 to Establish May 18, 2011 as a Hearing Date to vacate an Alley between 13 and 15 Streets, West of Warren Avenue COUNCIL ACTION: �Approve ❑ Den ❑ Table Continue Y ❑ ❑ No Action