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ORDINANCE NO. 1699 SERIES 2015 AN ORDINANCE APPROVING THE VACATION OF A .002 ACRE PORTION OF THE 50 -FOOT WIDE UNIMPROVED SHORT STREET RIGHT -OF -WAY DEDICATED TO THE CITY BY THE PLAT OF INDUSTRIAL AREA SUBDIVISION IN THE CITY OF LOUISVILLE WHEREAS, by the plat of Industrial Area Subdivision, recorded January 22, 1960, in Plat Book 7, at Page 58, Boulder County Records, there was dedicated to the City a 50 -foot wide right - of -way for Short Street extending from Highway 42 to Cannon Street for an approximate distance of 394.17 feet; and WHEREAS, proper application has been made to the City for vacation of a .002 acre portion of Short Street right -of -way, as depicted on Exhibit A; and WHEREAS, the City Council has determined that the .002 acre portion of Short Street right -of -way for which vacation has been requested is not and has not been used or required as a roadway or thoroughfare for the public; and WHEREAS, the City Council has determined that the .002 acre portion of Short Street right -of -way for which vacation is requested is not and will not be needed for any public purposes other than for the installation, operation, maintenance, repair, upgrading and replacement of existing and future public utilities; and WHEREAS, the City Council has determined that the .002 acre portion of Short Street right -of -way for which vacation is requested is not being used or held for park purposes or for any other governmental purposes; and WHEREAS, the City Council desires to approve the application and vacate the City's interests in the .002 acre portion of Short Street right -of -way described herein for which vacation is requested, subject to the provisions of this Ordinance; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. Subject to the provisions of Section 2 hereof, the City hereby vacates the .002 acre portion of Short Street right -of -way which is depicted on Exhibit A, attached hereto and which portion is hereafter referred to as the "Street Right -of- Way ". Title to the portion of the vacated Street Right -of -Way shall vest in the manner provided by law. Section 2. Expressly reserved from the vacation set forth in Section 1 above are any dry utility easements, City of Louisville exclusive utility easements, drainage and utility easements, and other easements dedicated by the final subdivision plat of the DELO Subdivision — Replat No. 1, which easements are not affected by this Ordinance and shall remain in place for existing and future Ordinance No. 1699, Series 2015 Page 1 of 2