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Item 4L AudiorITY Or SOUTHLAKE Requested Action • Ordinance No. 999, 2nd Reading, Abandon a pedestrian and equestrian easement located along the southern boundary of Lots 10 through 17, Block 1, Fox Hollow Addition as shown on the plat dated July 5, 1996. PUBLIC HEARING E Background Information • The Developer of the Fox Hollow Addition dedicated on a plat a ten foot (10') wide strip of land as an easement/trail across the south boundary of Lots 10 -16 and across the east half of the south boundary of Lot 17. • This easement was to be utilized exclusively for the improvement and utilization as an equestrian trail. The City agreed to maintain the trail for equestrian use only. 3 Background Information • The Developer and City agreed that in the future, if said trail becomes obsolete due to lack of availability of easement across adjoining properties, the City will formally abandon said easement and the property within said easement shall revert to the property owner, fee simple. • The property to be abandoned and quit claimed is .26 acres, as more particularly described and shown in Exhibit "A" attached. 0 Background Information • Trees have increased in size making it less accessible • Access has been limited at both ends 5 Background Information • Residents have been informed of the Ordinance and Public Meeting 17 16 15 14 13 12 11 9p, N rr m LOTS I THMU 19, BLOCK 1. ­ Mn o m - - LOT 3RI, E CRU; —ER ADDITION % 2L A H E7 LOTS I THMU 19, BLOCK 1. ­ Mn o m - - LOT 3RI, E CRU; —ER ADDITION % Financial Considerations • There are no costs to the City other than the normal filing fees to record the Quit Claim at Tarrant County Courthouse. Additional Information City Council approved (6 -0) 1st Reading, Ordinance No. 999 to abandon the equestrian easement in Fox Hollow Addition at their April 5, 2011 meeting. 9 10 @&• 11M &li ma 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 unrivaled quality in everything that we do. value and - • C1 Achieve the C2 Provide travel C3 Provide attractive C4 Attract and keep highest convenience and unique spaces tier businesses to drive top- C5 Promote opportunities for standards of within City and for enjoyment of a dynamic and safety and region personal interests sustainable economic partnerships and volunteer involvement security environment 131 Achieve B2 Collaborate with B3 Enhance resident B4 Provide best select partners to quality of life and high quality B5 Improve performance B6 Optimize " -in -class status in all City implementservice business customer sustainablei through service disciplines solutions is g of delivery and use of operational technology p rocesses tourism � F1 Adhere to financial F2 Invest to provide and F3 Achieve fiscal management maintain high quality wellness F4 Establish an maintain effect"' principles and budget public assets standards internal controls' L1 Ensure our L2 Enhance L3 Attract, L4 Recognize L5 Empower people understand leadership develop and and retain a informed decisio the strategy and capabilities to reward high they contribute deliver results skilled performers to it workforce making at all lev in the organizati 10 SOUTHLAKE 11