2024/07/17 Council Agenda Packet

ORDINANCE Page 2 of 3 B. All City improvements within the vacated rights-of-way are the property of the Petitioner(s) on a strictly AS-IS basis. Section 2. The Petitioners must compensate the City an amount equal to one hundred percent the appraised value determined by the City of the entire area described in Section 1 to be vacated by this Ordinance. The Petitioners shall have one-hundred eighty (180) days following the date this Ordinance becomes valid under the City Charter to pay this amount in full. The effective date of this Ordinance is governed as follows: A. If the Petitioners make payment-in-full by the end of the one-hundred eighty (180) days, then this Ordinance shall become effective (1) fifteen days after the date the Ordinance become valid or (2) the date of payment-in-full, whichever of (1) and (2) is later. B. If the Petitioners fail to make payment-in-full by the end of the one-hundred eighty (180) days, then this Ordinance and vacation hereunder shall be null and void and shall never become effective. Section 3. The City Clerk and the codifiers of this Ordinance are authorized to make necessary corrections to this Ordinance including, but not limited to, the correction of scrivener’s/clerical errors, references, ordinance numbering, section/subsection numbers, and any internal references. Section 4. The City Council hereby declares that should any section, paragraph, sentence, clause or phrase of this ordinance be declared invalid for any reason, it is the intent of the City Council that it would have passed all portions of this ordinance independent of the elimination of any such portion as may be declared invalid. Section 5. The enactment of this Ordinance shall not affect any case, proceeding, appeal or other matter currently pending in any court or in any way modify any right or liability, civil or criminal, which may be in existence on the effective date of this Ordinance. Section 6.