Request for Council Action for Ordinance O-2005-33 REQUEST FOR COUNCIL ACTION

ORDINANCE: O-2005-33

SUBJECT: Ordinance vacating Teller Street right-of-way between West Colfax Avenue and West 14th Avenue.

ADDRESS: Teller Street between West Colfax Avenue and West 14th Avenue.

RECOMMENDATION: Staff recommends approval of this vacation.

SUMMARY AND BACKGROUND OF SUBJECT MATTER: The City of Lakewood owns the property along the west side of Teller Street between Colfax Avenue and 14th Street. The City has entered into a contract to sell the property to a developer who proposes to construct a new Home Depot store at this location. The development would include the properties on the east side of Teller Street as well. The City would like to eliminate cut through traffic on Teller, and has encouraged a land use plan which eliminates Teller Street. The right-of-way for Teller Street is incorporated into the re-development of these properties; therefore the right-of-way for Teller Street should be vacated. The vacation of this right-of-way will be subject to the developer acquiring all of the properties necessary for the development as well as approval of the re-plat and re-zoning needed to re-develop the property. City staff as well as appropriate referral agencies have reviewed this request and have no concerns.

DATE OF FIRST READING: September 12, 2005

DATE OF SECOND READING: September 26, 2005

ORIGINATED BY: City of Lakewood

STAFF PERSON RESPONSIBLE: Mike Connor, Property and Purchasing Manager, 303-987-7659

DOCUMENTS ATTACHED: Ordinance O-2005-33
Map

SUBMITTED BY:
Mike Connor, Property and Purchasing Manager
Larry Dorr, Director of Finance

REVIEWED BY:
Joni Inman, Director Mayor and City Manager Office
Michael J. Rock, City Manager