2021-11 Ordinance Vacating Public Right-of-Way North Mercer Street located North of West Eldorado Street

Home Browse Search

�C: 4804 Page: 10W Section 2. That other than the requirements set forth specifically in this Ordinance,no other right-of-way vacation valuation and compensation rules or regulations of the City,including those set forth in City Council Policy Section D.3.a and City Administrative Policy and Procedure Manual Section 2.2.3 shall be a requirement of this Ordinance and are hereby specifically waived for purposes of this Ordinance. Section 3. That the assessed value of surrounding vacant land was utilized to determine a market value per square foot to determine the land value for the Mercer St right-of-way and the benefits which will be accrued to the owner of the abutting property by the reason of the vacation aforesaid is determined to be, in the judgement of the Council, equal to the sum of Ten Thousand Dollars ($10,000). Section 4. The permanent index number of the property acquiring title to the property vacated hereby is 04-12-15-128-001. Section 5. That there is hereby reserved in, over, along and under the above- described streets and alleyways to the City of Decatur, Illinois, and to the public and to those utilities and companies as the case may be owning public service facilities,mains, sewers, telephone and electric, City street lights, circuitry and conduit or other public utilities, such property,rights of way and easements as are or may be necessary or desirable for continuing public service by means of such facilities and for the maintenance, renewal and reconstruction thereof with the right of ingress and egress for such purposes. PRESENTED,PASSED,APROVED AND RECORDED this 17th day of February 2021. LIE MOORE WOLFE, M A6YOR ATTEST: *ow KTfv1 AIkHOFF, CI CLERK