CC MEETING: March 26, 2020
DATE: March 17, 2020
TO: Erin Rinehart, City Manager
FROM: Robert Winningham, Director of Economic Development
Marc Guy, Assistant City Manager
Title
Consider An Ordinance Authorizing The Abandonment Of A Portion Of The Right-Of-Way Of Booth Drive And Simmons Parkway; Retaining All Rights To And In The Remaining Right-Of-Way Not Expressly Abandoned.
Body
BACKGROUND:
This agenda item is to consider adoption of an ordinance that will complete the right-of-way abandonment process on Booth Drive and Simmons Parkway.
Western Extrusions Corporation is a privately-held company that has been in Carrollton since 1979. It is an industry leader in the extrusion, fabricating and finishing of aluminum. The company currently employs about 850 full-time employees at its facility at 1725 Sandy Lake Road. The company proposes to expand its operations by constructing a new 43,000 square foot aluminum recycling facility that will include office, manufacturing and warehouse uses.
On February 18, 2020 City Council approved a resolution authorizing the City Manager to negotiate an economic development agreement with Western Extrusions for the City to abandon a portion of Booth Drive and Simmons Parkway and grant the right-of-way to the company to accommodate the new recycling facility. The value of the area to be abandoned has been appraised at a fair market value of $170,000. The company will use a portion of the land deeded to them by the City to create a drop-off point for its employees under its “Last Mile” initiative that provides employees a shuttle from the DART Downtown Carrollton Station to its Sandy Lake Road facility.
The agreement requires the company to construct an ornamental wrought iron fence along Sandy Lake Road at a cost of approximately $205,000 as compensation to the City for the abandoned right-of-way. If Western Extrusions does not complete construction of the ornamental fence by December 31, 2020, the company will be required to pay the City $170,000.
The company also intends to landscape the frontage of its corporate office along Sandy Lake Road.
FINANCIAL IMPLICATIONS:
The proposed right-of-way abandonment will allow Western Extrusions to proceed with its construction and site improvement plans.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends City Council approval of an ordinance to abandon a portion of the right-of-way of Booth Drive and Simmons Parkway.