AgdaPkt 2008-01-07 - Laserfiche WebLink

Browse Search

8A Page 1 REPORT To the Honorable Mayor and City Council From the Cit Mana er January 7, 2008 SUBJECT Vacate a portion of Island Parkway in Redwood Shores, reserving a public service easement. RECOMMENDATION Conduct a public hearing and adopt a resolution to vacate a portion of Island Parkway located west of Oracle Parkway, reserving a public service easement. BACKGROUND On November 19, 2007, Resolution 14819 was adopted to record Council's intent to vacate the subject street, schedule a public hearing, and authorize the publication and posting of associated notices. As of the date of the writing of this report, no written correspondence commenting on the proposed recommendation has been received by staff. Island Parkway was realigned as part ot the Ralston/101 Reconfiguration Project and now intersects Marine Parkway at the northbound exit of US Highway 101 at Ralston (Attachment 1). The new configuration makes a portion of the previously existing Island Parkway no longer necessary as a public thoroughfare. Please see plat map and legal description (Attachment 2) of the proposed vacation. Please see aerial photos of the project area both before and after construction (Attachment 1). The new interchange configuration required that the City secure right-ot-ways from area landowners, including Oracle Corporation (Attachment 3). On March 22,2004, Council approved an agreement between the City and Oracle Corporation whereby the City receives the right-of-way to accommodate the new interchange configuration if the disused portion of Island Parkway is vacated. And, if successfully vacated, Oracle Corporation receives the fee title to the lands which comprise that disused portion of Island Parkway since Oracle owns parcels on both sides of the right-of-way to be vacated. A Public Service Easement will be reserved on the vacated parcel to accommodate utilities and provide public access. Failing successful vacation of the disused roadway, Oracle Corporation receives the previously agreed upon sum of $362,500.00, which has been placed into escrow for this purpose. The Planning Commission made a finding that this abandonment is consistent with the General Plan at their meeting on October 16,2007. Council may determine whether or not to approve the proposed vacation after hearing any protest this evening. AI- TERNATIVES Council may choose not to vacate the disused portion of Island Parkway. The roadway would remain an unmaintained dead end.