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Item 4C Permanent Waterline Easement Abandonment Item 4C 1 Ordinance No. 1160, 1st Reading, Adopt ordinance to abandon a portion of a permanent waterline easement as recorded in Volume 12954, Page 233 of the Deed Records of Tarrant County, Texas, situated in the U.P. Martin Survey, Abstract No. 1015 and the James B. Martin Survey, Abstract No. 1134, City of Southlake, Tarrant County, Texas; and being part of Lot 2R, Block 1, (Kirkwood Boulevard) of Sabre Group Campus, an addition to the City of Southlake according to the plat recorded in Cabinet A, Page 12216 of the Official Records of Tarrant County, Texas; and being part of Lot 1R1R1, Block 1, of Sabre Group Campus, an addition to the City of Southlake according to the plat recorded in Instrument No. D215221562 of said Official Public Records. (If approved, the public hearing will be held August 16, 2016.) Requested Action 2 Location Map Main Street TD Ameritrade Portion to be abandoned Prospect Street State Street New 12-inch waterline 3 Financial Considerations Filing Fees for Quitclaim Deed 4 City of Southlake Strategy Map The City of Southlake provides municipal services that support the highest quality of life for our residents, businesses, and visitors. We do this by being an exemplary model of balancing efficiency, fiscal responsibility, transparency, and sustainability. C1 Achieve the highest standards of safety & security C2 Provide travel convenience within City & region C3 Provide attractive & unique spaces for enjoyment of personal interests C4 Attract & keep top-tier businesses to drive a dynamic & sustainable economic environment C5 Promote opportunities for partnerships & volunteer involvement Serve our Customers Manage the Business B1 Achieve best-in-class status in all City disciplines B2 Collaborate with select partners to implement service solutions B3 Enhance resident quality of life & business vitality through tourism B4 Provide high quality services through sustainable business practices B5 Enhance service delivery through continual process improvement B6 Optimize use of technology Provide Financial Stewardship Promote Learning and Growth F1 Adhere to financial management principles & budget F2 Invest to provide & maintain high quality public assets F3 Achieve fiscal wellness standards F4 Establish & maintain effective internal controls L1 Ensure our people understand the strategy & how they contribute to it L2 Enhance leadership capabilities to deliver results L3 Attract, develop & retain a skilled workforce L4 Recognize & reward high performers L5 Empower informed decision-making at all levels in the organization C6 Enhance the sense of community by providing excellent customer service and citizen engagement opportunities L6 Foster positive employee engagement Deliver on Our Focus Areas 5 Questions 6