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OR 98-831 Abandons drainage easement in Villages of Cottonwood Creek Section 5 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS ORDINANCE NO. 98831 09/08/98 1181914 $15.00 Beed AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, ABANDONING A DRAINAGE EASEMENT, LOCATED ON LOT 18, BLOCK A VILLAGES OF COTTONWOOD CREEK, SECTION 5 AS DESCRIBED IN EXHIBITS "A" AND "B" ATTACHED HERETO, IN FAVOR OF THE ABUTTING PROPERTY OWNER; PROVIDING THAT SUCH ABANDONMENT SHALL BE IN EXCHANGE FOR THE PAYMENT BY THE ABUTTING PROPERTY OWNER OF THE FAIR MARKET VALUE OF THE PORTION OF THE DRAINAGE EASEMENT TO BE ABANDONED; PROVIDING THAT SUCH ABANDONMENT SHALL BE THE INTEREST WHICH THE CITY MAY LEGALLY AND LAWFULLY ABANDON; PROVIDING THAT SAID ORDINANCE SHALL CONSTITUTE A QUITCLAIM DEED THAT MAY BE RECORDED IN THE DEED RECORDS OF DALLAS COUNTY TEXAS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Coppell has determined that the drainage easement located on Lot 18, Block A in the Villages of Cottonwood Creek, Section 5, an Addition to the City of Coppell, Texas and more particularly described in Exhibits "A" and "B" attached hereto, is no longer needed for City services; and WHEREAS, the abutting property owner desires that said drainage easement be abandoned and in consideration thereof has agreed to pay to the City of Coppell, Texas, the fair market value of the property as established by an appraisal; and WHEREAS, a proper appraisal has been conducted establishing the fair market value of the easement to be abandoned to be $15.00; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That the City Council of the City of Coppell, Texas has determined that the drainage easement located on Lot 18, Block A in the Villages of Cottonwood Creek, Section 5, an Addition to the City of Coppell, Texas, and more particularly described in Exhibits "A" and "B", attached hereto and made a part hereof for all purposes, is no longer needed or necessary for public purposes and should be, and is hereby, abandoned in favor of the abutting property owner, in exchange for the payment of the fair market value of the easement to be abandoned. SECTION 2. That the fair market value of the said drainage easement being abandoned has been determined by an appraisal to be $15.00. 98175 i[i6076 SECTION 3. This abandonment ordirrance shall constitute a Quitclaim Deed in favor of the abutting property owner, and a certified copy of the same may be filed in the Deed Records of Dallas County, Texas, to indicate such abandonment. SECTION 4. That the abandonment provided for herein shall extend only to the public right, title and interest which the City of Coppell, Texas, may have in and to said utility easement, and shall be construed to extend only to such interests that the governing body of the City of Coppell, Texas, may legally and lawfully abandon. SECTION 5. That this ordinance shall become effective from and after its passage as the law and charter in such case provide. DULY PASSED by the City Council of the City of Coppell, Texas, this the 30th day of April, 1998. APPROVED: MARSHA TUNNELL, MAYOR PRO TEM ATTEST: KATHLEEN ROACH, CITY SECRETARY APPROVED AS TO FORM: PETER G. SMITH, CITY ATTORNEY 98175 06077 EXHIBIT 'A' LOT 18, BLOCK A, VILLAGE AT COTTONWOOD CREEK, SECT. V 5' DRAINAGE EASEMENT ABANDONMENT BEING a 750 square foot parcel of land situated in Lot 18, Block A, VILLAGE AT COTTONWOOD CREEK, SECTION V, an addition to the City of Coppell, Dallas County, Texas, as recorded in Volume 97061, Page 3057, Deed Records Dallas County, Texas and being more particularly described as follows: BEGINNING at the most southwesterly property corner of Lot 18, Block A, VILLAGE AT COTTONWOOD CREEK, SECTION V, said point being common with the most southeasterly property corner of Lot 17, Block A, VILLAGE AT COTTONWOOD CREEK, SECTION V and the northerly right-of-way of Bricknell Lane; THENCE South 54° 10'58" East along the north right-of-way of Bricknell Lane, a distance of 5.00 feet to a point for corner; THENCE North 35°49'02'' East running 10.00 feet from and parallel to the common property of the aforementioned Lot 17 and Lot 18, a distance of 150.00 feet to a point for corner in a common property line of Lot 18, Block A, VILLAGE AT COTTONWOOD CREEK, SECTION V, with the westerly property line of the VILLAGE AT COTTONWOOD CREEK, SECTION III; THENCE North 54° 10'58" West along said common property line a distance of 5.00 feet to a point for corner, said point being common to the most northeasterly property comer of Lot 17 and the most northwesterly property corner of Lot 18, Block A, VILLAGE AT COTTONWOOD CREEK, SECTION V; THENCE South 35°49'02'' West along the common property line of Lot 17 and Lot 18 a distance of 150.00 feet to the POINT OF BEGINNING and containing 750.00 square feet or 0.017 acres of land. EXHIBIT "B" LOT 18, BLOCK A, VILLAGE AT COTTONWOOD CREEK SECT. V .5' DRAINAGE EASEMENT ABANDONMENT SCALE 16 / 17 .~. ~ ~.~' , )/~/C/~ P.O.B / ~ 19 ./ ~' wooP cR viLLAG E~cTIO ¥ '~/~~/'~ EXHIBIT 98175 06079 ~.~-3: S£P - 8 PH t2:3 6 ·