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I <br /> STAFF REPORT <br /> Decatur City Plan Commission <br /> COMMON NAME: ROW Vacation, Alleyway between East Street I d North 16th Street <br /> GENERAL INFORMATION <br /> Hearing Date October 2, 2008 <br /> Calendar No. 08-53 <br /> Property Location Alleyway between East Street and North 16,�h Street <br /> Requested Action Vacation of right-of-way ' <br /> Petitioner Soy Capital Bank and Trust Company <br /> Representative Phillip W. Cochran <br /> LAND USE AND ZONING <br /> Direction Existing Land Use Zoning Comprehensive Plan <br /> Subject Property ROW/Alleyway B-1, B-2 Commercial <br /> North Commercial B-2 Commercial <br /> South Parking Lot B-1 Commercial <br /> East ROW/Alleyway R-5, B-2 Co�nmercial <br /> West ROW/Alleyway B-2, PD Co mercial <br /> BACKGROUND <br /> 1. The petitioner is requesting to vacate public right-of-way in the All yway between East Street <br /> and North 16th Street south of 1501 East Eldorado. The vacation w'll enable the petitioner to <br /> install a fence to add much needed additional security. <br /> STAFF ANALYSIS <br /> 1. Swartz Management Corporation has been notified by the petitioner regarding the vacation <br /> and has no objections. The petitioner owns all other adjacent properties. <br /> 2. Letters were sent to AmerenIP, Comcast Communications, and AT&T notifying the utility <br /> companies of the vacation request and no objections to the proposed right-of-way vacation have <br /> been expressed. An easement will be reserved for utility access. <br /> 3. Because there is only one (1) licensed commercial appraiser in the ICity of Decatur, only one <br /> (1) appraisal was conducted on the property. The proposed vacated �roperty has an estimated <br /> market value of$4,000 which will be paid to the City. i <br /> STAFF RECOMMENDATION I� <br /> 4. The right-of-way is not necessary to serve the general public. Staf is of the opinion that the <br /> best interests of the City of Decatur would be served by approving the equest to vacate the alley <br /> right-of-way. Staff recommends approval of the petition. <br /> PLAN COMMISSION ACTION I <br /> 5. The Administrative Policy of the City of Decatur requires that property vacation requests be <br /> submitted for a public hearing. Although a Plan Commission recommendation is not required, a <br />