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Item 4D AudioCITY OF SOUTHLAKE 9 Item 4D Approve the cancellation of the Righl of -Way Encroachment Agreement at 500 North Kimball Avenue Integrity Innovation Accountabilit. Commitment to Excellencc Teamwork The City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding value and unrivaled quality in everything that we do. C2 Provide travel C3 Provide attractive and convenience ' %unique spaces for within City and 1vment of personal B2 CollaboralFW at select partners to -guar o r and us in all City implementservice business sustainabiliw isciplines solutions through tourism Adhere to financial F2 Invest to provide and management maintain high quality '.nciples and budget public assets Ensure our people L2 Enhance L3 Attract, e tand the strategy leadership develop and and how they capabilities to - - Ilec contribute to it deliver results C4 Attract and keep f businesses to drive a opportunities for dynamic and to partnerships and economic environment volunteer involveme" B4 Provide B5 Improve high quality performance B6 6 customer o' delivery and usejoservice operational techno processes F3 Achieve fiscal F4 Establish and wellness maintain effective standards internal controls L4 Recognize L5 Empow and informed decision - reward high making at all levels performers in the organization 4` INTREE G ' 4iN CH The project runs along Highland Street, west of SH114 from Shady Oaks to the frontage road of SH114. The project runs along Highland Street, west of SH114 from Shady Oaks to the frontage road of SH114. 0 N. Kimball Right -of -Way Encroachment Background: • Right -of -Way Encroachment Agreement - E executed December 1996 25 year term • Council authorized to cancel the agrees for street construction - 90 days notice required • Encroachment currently used for private parking • Right -of -Way required for construction of North Kimball Avenue widening project CCTV OF © SOUTHLAKE Staff recommends that you consider termination of the contract with Municipal construction for the Highland Street Paving and Water System Improvements project. If you have any questions regarding this item, please feel free to contact Public Works Director, Bob Price at 817-748-8097.