Title
Ordinance Approving the Vacation of a Portion of Right of Way at the Intersection of Rip Rap Road and Armistead Avenue, Comprising 5,254 Square Feet (0.1206 Acre), More or Less, to Patrick LLC pursuant to Chapter 34, Article V of the Hampton City Code.
Purpose
PURPOSE/BACKGROUND:
Patrick, LLC (“Patrick”) owns the commercial property located at 539 N. Armistead Avenue (LRSN 2000754), and the City owns the right of way at the intersection of Rip Rap Road and N. Armistead Avenue. Patrick requests the vacation of 5,254 square feet (0.1206 acre), more or less, at the intersection of Rip Rap Road and N. Armistead Avenue (the “Vacation Area”) because it is contemplating substantial property improvements, which align with the City’s discussions of commercial corridor redevelopment in this area; and Patrick’s improvements will increase the net value of its property, netting additional real estate taxes, and provide increased revenue through an upgraded, modern, and attractive facility, thus increasing sales taxes.
Pursuant to Section 34-120 of the City Code, the City values the Vacation Area at Two Thousand Six Hundred Twenty-Seven and 00/100 Dollars ($2,627.00). None of the local public utility companies object to this request, and staff does not find the Vacation Area will be needed for any other public purpose. Based on the foregoing, staff recommends approval of this request for the purchase price of Two Thousand Six Hundred Twenty-Seven and 00/100 Dollars ($2,627.00) pursuant to Chapter 34, Article V of the Hampton City Code.
Recommendation:
Rec
Approve Ordinance
Body
WHEREAS, Patrick, LLC (“Patrick”) owns the commercial property located at 539 N. Armistead Avenue (LRSN 2000754);
WHEREAS, the City owns the right of way at the intersection of Rip Rap Road and N. Armistead Avenue;
WHEREAS, Patrick requests the vacation of 5,254 square feet (0.1206 acre), more or less, at the intersection of Rip Rap Road and N. Armistead Avenue (the “Vacation A...
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