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COMMUNITY DEVELOPMENT MEMORANDUM <br /> NO. 96-196 <br /> November 26, 1996 <br /> TO: Honorable Mayor Terry M. Howley and City Council Members <br /> FROM: James L. Williams, Jr., City Manager <br /> George C. Weaver, Director of Community Development . <br /> Robert A. McQueen, Senior Planner`('--��5''� �� <br /> SUBJECT: Ordinance Vacating Right of Way for Wildwood Drive West of <br /> Tanglewood Drive <br /> The subject petition requests vacation of that portion of right-of-way for Wildwood Drive lying <br /> west of Tanglewood Drive. As reported by petitioner, the adjoining land to the west and south is <br /> now under ownership of the Decatur Park District; there is no longer any plan for further <br /> residential development west of the subject street. Both the petitioner and the Park District have <br /> requested the subject vacation. A perpetual easement will be retained to operate and maintain a <br /> sanitary sewer located across the westerly portion of the subject street. <br /> Inasmuch as this street was dedicated to the City of Decatur by the petitioner in consideration of <br /> future residential development to the west thereof, said petitioner has requested that they not be <br /> required to obtain an appraisal of the property, but would agree to fair market value <br /> compensation to the City of Decatur. Staff is in agreement with petitioner's request, and based <br /> upon similar requests in other azeas of the City, we recommend approval of a value of <br /> twenty-five cents per square foot resulting in total compensation of$1042.50. <br />