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Ord 31-2023 Request to Close, Vacate and Abandon Two 9th Street Alleys by Catholic Diocese of Fort Worth 06/20/2023 Ordinance No. 31-2023 Ordinance authorizing the City Manager to approve a request from the Catholic Diocese of Fort Worth to close, vacate, and abandon two alleys adjacent to 1501 9th Street that consists of approximately 13,750 square feet more or less as depicted and indicated on the attached plat maps WHEREAS, the Catholic Diocese of Fort Worth, property owner of 1501 9th Street, has requested to close and abandon said alleys located adjacent to 1501 9th Street; and, WHEREAS, all affected utility companies and City departments have reviewed this request, and have approved to close, abandon, and vacate these alleys upon retention of all utility easements for the entire width and length WHEREAS, it has been determined to be in the best public interest to close and abandon said alleys as herein indicated on the attached Location Map. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1 . The approximately 13,750 square feet, more or less, alleys located adjacent to 1501 9th Street as indicated on the attached Location Map are hereby vacated, closed, and abandoned. 2. In consideration of the receipt of $110,000.00 for the fair market value, this ordinance shall approve the closure of the alleys. 3. It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. 4. This will authorize the City Manager to execute a Special Warranty Deed in a form approved by the City Attorney to convey the properties with retention of all utility easements for the entire width and length. PASSED AND APPROVED this the 20th day of June 2023. MAYOR ATTEST: -/Vcam, BC City Clerk EXHIBIT . •. ,.. 1 i,... e li'(e ci;PC9:i.- d061 0 L IS.-0 fam9 iED °,,k. tp LSI CD I,s ii,... . . -.0 4..) . ... ,.,„?',,,,,..,,,:r,,, •., r -.„, 1501 9th St. ..,0-' -7.4. . 0 CD .• ., cb 4 ..ak.a, Requested Alley Closure .7 - ' 44 Length: 25,0 ft ... •0 \ . \' ,,, .....- " . , ....„, d'e-ep . .... sk;-?;' * 1 ,'6-'m , ,......a. '2-A°:.," '0,% 'S' , - '..414. ...,,,. 0 41: 0 I' ii. • 41-' '.. ' ,'3 I73- .,, - c. ,7t....)'. -, '.• 4A., ,, 4 - Requested Alley tilasuie 1,1i q Length:350 ft ., . . .... - . 0 1, 0 •CC. a ., .. eT, , 1501 9th Street Alley Closure Map Legend Subject Property UPI'OF W11-4 -S.F_ANNINGEIVISIDN MAP PRCADUCED E.'Ce:r:,,. OfirE PR.DDUC.E7:•,:-::_?' Alleys to be Closed a so 100 20D Feet . , . . . . , _ . ...... ._ . . ,. .,. • ._ - • . ., , . . , I I I I I I I I LOCATION MAP ' . '" �, III .. . a , ,„, .,....,, \ i 4 • ,�,,, f 4 t °rain'AMP>, 4.. ri Luc. a • • � '" • r -"k.. .. 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CC FWI§LR ,... .„ , . .,. , , . . . .. . „ ,,, • ..., ' "4- ,1 '..1 • •,-, ;,,0,iil ir i-'11 i., ., E.s AI./0 le.,.! !, tr• • it,,,itii! •,,';.1,i ... .. H ii q:MP r!.t,;•. 116 1,, ..:; Ct. ::,',' -• : ':- • i iri 1 irrr5;.'',41.51i1 11: CC q,...!,g;li;?k!kbg ht 2 . ,,..,;. 4—. co . CL .,. • ,,,,,,•'. „..,.. ... ,.. ,p ,.p -... -.,,,,.. , . -.., ...,.., '.7.• 4'.'....., , .-... ..4, 7-- .',..---' - batreb Bart Catotit Qf urrb "` Pastoral Center•1504 Tenth Street•Wichita Falls,Texas 76301-4405 Telephone(940)723-5288•Fax:(94o)767-oi6o•www.sacredheartwf.org Addendum Reasons for requesting close of the alley: Private School: Holy Family Classical Academy • The children pass across the alley to use the Parish Hall and the Church for classes. • Students frequently each lunch outside. • Recess and gym are frequently held outside in the area between the Parish Hall and the Priest Residence. o Vehicle traffic poses a danger to students and teachers. o Pedestrian traffic poses a security risk to students and teachers. ■ Transient and homeless walk through the alley and across the property during school hours because they are currently considered public access throughways. Religious Education Classes • Wednesday evenings o Over 100 students are present from 6:00 PM until 9:00 PM for Religious Education in the Pastoral Center Building. o Adult Faith Formation classes are held in the Parish Hall for their parents. o The Church is open for prayer from the afternoon until the evening. • Volunteers must be posted outside with high visibility vests and traffic cones to prevent vehicle traffic due to the number of pedestrians passing through the buildings,as well as to monitor who may access the buildings at these times. Priest Residence • The priests live in the priest residence located in the middle of the 9th Street Property. • They are often awakened by disturbances in the alley: o Rummaging through the dumpsters o Fights,arguments,etc. o Loud cell phone conversations o Individuals having a mental health episode o Individuals urinating/defecating in the bushes and flowerbeds o Vehicles temporarily parking on the property for rendezvous • Surveillance cameras and posted signs have helped to reduce but not eliminate disturbances. 144:4i14(US' Department of Community Development Planning Division 1300 T"Street,PO Box 1431 Wichita Falls,TX 76307 (940)761-7451 Fax(940)761-7419 Application Requesting the Closing,Vacating and Abandoning of an Easement,Street or Alley Dear Sir or Madam: As property owner,I hereby request that the City of Wichita Falls consider closing, vacating,and abandoning the following easement,street or alley. Please attach a map along with a written description of the property with dimensions: 9th Street:Sacred Heart Catholic Church,Priest Residence,Parish Hall,Parking Lot 10th Street:Pastoral Center,medical office(recently acquired) Alley passing through the property&Alley connecting 9th and 10th This request is being made for the following reasons: Security and control of pedestrian and vehicle traffic during operating hours. A private school is in session during the week,and religion classes are in session in the evenings. There is a high volume of transient pedestrians around the residence after dark. I acknowledge that a $200 processing fee will be required, and understand that if this action is taken, such street or alley will no longer be a public way, and it may be closed to the public. This will inform you that I have no objection to the City's closing, vacating, and abandoning such easement,street or alley. Name M i c.L.4e I F Olson,Si,T.D./Bi gLtopPlease Print) Signature 1 f Re 1sggr.E.James art,Attorney-in-Fact Address of Property 501 gt� Si r c . cc Michael F.Olson,S.T.D., Bishop of the Catholic Diocese of Fort Worth Phone 6140 - I0?3 -5a138 Date hi*7 g WAS $Ir Qsr 1pfCa OFFArelseei CITY OF WICHITA FALLS STREET,ALLEY,AND EASEMENT ABANDONMENTS November 1, 1991 (Updated September 2014;October 2015) The following procedure and fee schedule shall be used for requests to close streets, alleys,and easements in the City of Wichita Falls.This procedure is based on the Local Government Code,as amended,and City ordinances. PROCEDURE 1. Application and Processing Fee: Application for abandonment shall be made to City of Wichita Falls Planning with a non-refundable processing fee of$200.00.The processing fee shall not be required, if the abandonment is accomplished as part of a platting process. 2. Technical Review: Planning will notify appropriate utility and government agencies of the request for their written technical review. 3. Public Notification: For street or alley rights-of-way abandonment, not involving a plat, Planning will notify all abutting property owners of the request. If a property owner would like to respond, he is given ten (10) days to return his response form to Planning. In cases where, in the judgment of staff the impact of the abandonment would pertain to more than the immediate property owners, additional notification may be given, and the recommendation of the Planning & Zoning Commission may be obtained (e.g. street closures, where an active street is being considered for abandonment). 4. Abandonment as part of Platting: If the abandonment is requested as part of a platting process where additional street/alley right-of-way,or utility easement is being dedicated in the immediate area, and the amount of dedication in terms of square- footage,equals or exceeds the square-footage of a similar right-of-way or easement to be abandoned,then the abandonment can be accomplished by labeling it "Herein Vacated" on the plat. No payment of fair market value will be required under this procedure. The abandonment shall become effective upon the filing of the plat. 5. Appraised Value: If the abandonment requested is not part of a platting process, or, the amount of dedication in terms of square-footage does not equal, or exceed the square-footage of a similar right-of-way or easement to be abandoned, then, the abandonment will require the payment of the appraised value as determined by the City as follows: - The appraised value will be determined by City Property Administrator using tax appraisals of abutting properties. This appraisal shall be used if the value is less than $1,000, unless the applicant submits an independent appraisal for consideration by the City. - If the estimated appraisal is $1,000 or more, an independent appraisal shall be required. The applicant shall bear the cost of the appraisal.The independent appraisal contact shall be made by the City Property Administrator. 6. City Council Action: Upon payment of the appraised value the City Property Administrator shall prepare appropriate ordinance for City Council action. 7. Deed Conveyance: Upon passage of the abandonment ordinance,the Legal Department shall prepare a quit claim deed conveying the City's interest to the applicant. In the event an abutting property owner's property encroaches upon City-owned right-of-way or other City property,the abutting property owner may ask the City to convey the City's interest in its property to remedy the encroachment. The request shall be made to the City's Property Administrator who shall process the request for consideration by the City Council. The abutting property owner shall pay in advance for all expenses necessary to process the request including any survey and appraisal fees. In the event the City Council decides to convey the City's interest in the property the abutting property owner shall pay the City the greater of One Thousand ($1,000) Dollars or the appraised value of the property. The purchase price does not include expenses paid by the requestor to process the request. H.LPIanning\CLOSURES&AB ANDONMENTS\5vrel,Alley.Easement CtasuresIPROCEUURES CORRECTED Closures Procedures 2015_CWFLogO FeUUptlate-01-2018.dtl0 11 A es" .,�,`a �I� ' > ,l \ � Central Freeway 1144 y, R_ 5..,r ��\ \ R�s Y / K �0 " .. . i d .1 r' s - �4 \ r l�r Y \s i P a , ^Iry » • ''' •\•''. o. Oft \ to +rl Nye[— Q _ )' ''ri '•\ Priest Residence - xy ti . Sacred Heart Catholic �" Parish Hall M i 1 r , .� ll� "'kw y A t ert *air — � Via' Ili ; Pastoral Center 0 `1' 1d Medcal Othce "`- " " ` HENDERSON APPRAISALS SumaryApprlRept File No.9thstreet *********INVOICE********* File Number:9thstreet June 01,2023 City of Wichita Falls P.O.Box 1431 Wichita Falls,TX 76307 Attn: Pat Hoffman Borrower Owned by The City of Wichita Falls Invoice# 60012023 Order Date: 0 512 312 0 2 3 Reference/Case#: SumaryApprlRept PO Number: 9th Street at Holliday Wichita Falls,TX 76301 Fee for appraisal of Two Alleys: $ 675.00 Invoice Total $ 675.00 State Sales Tax 0 S 0.00 Deposit (S } Deposit (S Amount Due $ 675.00 Terms: Late charges of$25.00 monthly charged after 30 days Please Make Check Payable To: HENDERSON APPRAISALS 4302 Call Field Rd.,Ste A Wichita Falls,TX 76308 Fed.LD.#:446424852 TITLE PAGE Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: f im Henderson,SRA Gerald A.Taylor Haley Nicole Dlumcr Jana Kay Henderson nnrro,w,.rT,nmre ix-iraieas A SUMMARY REPORT OF AN APPRAISAL OF: Twa Alleys Owned by The City of Wichita Falls LOCATED AT: Between 9'h and 10'Streets Wichita Falls,TX PREPARED FOR: City of Wichita Falls Attn:Pat Hoffman P.O.Box 1431 Wichita Fells,TX 76307 DATE VALUATION APPLIES: May 26,2023 PREPARED BY: Jim Henderson.SRA. TX-I320131-G henderson appraisals,-, • consultants VALUE LETTER Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: Jim Hnderenn,SRA Gerald A Tavled Haley Nicole Drumm Ayl,.u2..ar'riy1.,» boa Kuy Henderson June 1,2023 City of Wichita Falls Attn:Pat Hoffman P.O.Box 1431 Wichita Falls,TX 73607 RE: Summary Appraisal,Restricted Report of Two existing alleys Wichita Falls,TX Owned by The City of Wichita Falls Dear Ms.Hnffmau: In accordance with your request for an estimate of market value of the unencumbered fee simple title to the above property,I have personally inspected the property and have made a careful and detailed analysis of all factors pertinent to the value estimate. Market value is defined by City of Austin v.Cannizzo,267 S.W.2d 806(Tex 1954)as being: "The price the property would bring when offered for sale by sire who desires to sell,but is not obliged to sell,and is imughl by one silo dositcs to hur,but i;under no necessity of haying, taking into consdermi Ion c11 of the uses Is which it is rcesona':ly adeptsthle and for which it either is,Or 441,Ili Ihn ,INU t,uitl become available svitbin the reasonable future.'' Market Value is ci.afnec by the Dictionary as follows: "The most probably price,as of a specific date,in cash,or in terms equivalent to cash,or in other precisely reseal terms, far which the gar old ,ail amp reusable exposure in a competitive market undst all condi:ions rcruisit_t' fair alr.ss-ith.die baker and seller each acting prudently.knc.c r sut't: al ��It-;r I 'sr_ :,,i[her is under undue duress." henderson appraisals i consultants VALUE LETTER-PAGE 2 Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: wN jFnr<x is.:w t consultant s Market Value is defined by USPAP as: "A type of value,'fated as an opinion,that presumes the transfer of a property(i.e.,a right of ownership or bundle of such rights),as of a certain date,under specific conditions set forth in the definition of the term identified by the appraiser as applicable in an appraisal." USPAP also requires the following be identified: • Identification of the specific property rights being appraised. • Statement of the effective date of value. • Specification as to whether cash, terms equivalent to cash, or other precisely described financing scans are assumed. • Upon what conditions the terms are based,including interest rates being above or below market,tither incentives.and their affect on value. Federal agencies mandate different definitions of Market Value. At client's request this is a summary appraisal and a restricted report; however my opinion is based on analysis of current market transactions. Information used in this appraisal is retained in my files and available for inspection or discussion. The accompanying report contains the result of my investigation and analysis. In my opinion,the value of the property as of May 26,2U23: OM HUNDRED TEN THOUSAND DOLLARS $ls0,000.00 Sincere . 7z_____ 1i Headers X-132U1 -G Espires:3131/25 Mink SUMMARY OF FACTS AND CONCLUSIONS Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: tr-LeraCiel x53x asppraisats consult milts SUMMARY OF FACTS ANT)CONCLUSIONS PROPERTY JIBE: Two alleys,20'x 350'and 20'x 250' ADDRESS: Between 9'h&10'h Streets,west of Holliday, Wichita Falls,TX LOCATION: Between y"'&le Streets at Holliday(see attached),Wichita Falls,Wichita County,Texas LEGAL DESCRIPTION: A 25 x 350'alley and a 20'x 250'alley out of Bleck 256,Boyd and Moore Subdivision DATE OF INSI'LCFION: May 26,2023 DATE OF APPRAISAL: May 26,2023 ZONLNG: General Commercial TOTAL LOT SIZE: 25'x 350'-8,750 sf and 20'x 250.—5,000 sf, Total area 13,750 sf PROPERTY DESCRIPTION: Two asphalt and concede paved city alleys HIGHEST AND BEST USE For commercial use to he sold in conjunction with adjacent property SALES HISTORY: Has been owned by The City of Wichita Falls for many years and is not listed for sate at this time. FINAL VALUE CONCLUSION Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: ESTIMATED PROPERTY VALUE $8.00 per sf FINAL VALUE CONCLUSION! Estimated Value-$8.00 per sf x 13,750 af=$110,000.00 PURPOSE OF THE APPRAISAL Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: PURPOSE OF THE APPRAISAL The purpose of the appraisal is to estimate the current market value of the property described herein,in its' "as is"condition,as of the date of the appraisal. This appraisal will be used by the property owner and the City of Wichita Falls to determine market value. PROPERTY RIGHTS APPRAISED The property is appraised in fee simple title,surface only. Good and merchantable title is assumed. FUNCTION OF TILE APPRAISAL This appraisal is designed as a Summary Appraisal in a Restricted format to be used for ectimatir rna-ket value. This has no special effect om tlrr due herein estimated. $COPE OF THE ASSIGNMENT As pan of:his appraisal.the aopi'aisa has made a number of indepcntlen:investigations and aaail7 sex. The appraiser has relied on data retained in his olike'files which are updated reg.darly. Inc' invest.catious underrokcn arid,he major data sources used are as follows: AREA AND NEIGHBORHOOD ANALYSTS The appraiser has examined and analyzed Subject's communities as to governmental,growth, s_L onomic,and future foreseeable erects sstrich would affect the economy regarding the Subject pmperti. Poriinent data was selected[inn information provided by the County Tax Appraisal District,rho Chat Ober of Commerce.die Cocnty Courthouse,and the State of Texas. The appraiser has examined the neighborhood for its'physical and social uses,typical property developments,and transitions in use. The appraiser has examined the zoning ordinances as to the Subject's existing and potential legal compliance of this zoning. UNAVAILABILITY OF INFORMATION None recognized. SALES HISTORY Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: trsrade5r e t ,rtp,- ,Lgit' tttt COMPETENCY I have the knowledge and expertise necessary to complete the assignment competently. See Appraiser's qualification pages in the Addenda. SALES HISTORY Subject has been owned by the same property owner for many years. To the best of my knowledge_is la nui been I:sIcJ fur talc Anse that time. MARKETING TIME Estimated marketing time and exposure time are fi to 24 months. HIGHEST&BEST USE Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: HIGHEST&BEST USE This term has been variously defined as: "The most profitable,likely use to which a property can be put." "That use of the land that may reasonably be expected to produce the greatest net return to land over a given period of time" "That legal use that will yield to land the highest and present value,sometimes called the optimum use." In estimating highest and best use,the following tests must be met in estimating the highest and best use,they are: I. Possible use. What uses of the site in question are physically possible? 2. Permissible use(legal). What uses are permitted by zoning and deed restrictions on the site in question? 3. Feasible use. Which possible and permissible uses will produce a net return to the owner of the site? 4. High't cad hest ass A:ns'te the feasible uses,which will produce the highest net return or the highest present worth? The highest and best use of the land(or site)if vacant and available for use may be different from the highest and best use of improved property. 'this is true when the improvement is not an appropriate use,but it makes a contribution to the total property value in excess of the value of the site, In arriving at the estimate of highest and best use,the subject site was analyzed in light of the four test given above. The site has all the phys!ral sad lecational attributes of a commerical property to be used in conireie si:n.l it'.t odisini l_propery. EXPOSURE TIME ANALYSIS Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: hendersc}r, appralsait, consultant r, I have performed no services,as an appraiser or in any other capacity,regarding the property that is the subject of this report within the three year period,immediately preceding acceptance of this assignment. EXPOSURE TIME ANALYSIS In accordance,t i h the hta,het Value definition contained herein,as requested by the client. consideration Iht..,been giver to a reasonable estimated marketing period for the subject property or tl-c;ipprs,e,l,clue estinvur herein. Exposure Time is the amount of time necessary to expose a pr.-hcrty to the open market in order to achieve s sale. Implicit in this definition are the rnllt:,in e.nciti,.�ns: The property will he acr P,e ,a.1:nd t r ..i,r ;.l t ncnti:! m 1l;sers through marketing channels c.mititoniii ,iuL la: {:._ pi i+ni_s. The property will be offered at a price rclfc,ling the most pi cbable mark-up over market value used by sellers of similar properties. A sale will be consummated under the terms and conditions of the definition of market value stated in this report. According to USPAP,Exposure Time may be defined as follows: 'The estimated length of time the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at the market value on the effective date of the appraisal;a retrospective estimate based upon an analysis of past events assuming a competitive and open market'. An exposure lime of 3 to 24 months appears reasonable with 92%to 97%listing to sales price ratio. SCOPE OF THE APPRAISAL Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: SCOI'F OF THE APPRAISAL As pa:.of.sir appraisal.th0 appraiser has made a number of independent invosrigations and appraiser ids rolled en data retained in lire,r1'ico lair rviriari are updated regularly. The=mcsticiu:m,undertaken and rite major data aurora.ised art as lib.low_s: Ares::--i.I eiu`.'r.•rhood Analysis The appraiser r:r..co'.ity as to goveuuncra❑1. r owvtlt,ecotturna and ft:ture 1br weal r hill d .e«onom,.7estirdin..uc-i rjeit prn er,, materials.core I :cc iioth ru,ae,. Lh.'urarokC nr,r<rr.11 �.'urU Cow-house,the County-lax Appa!sill Office and the State of Texas. Site i,:eription Analysis The ',,}praiser pl_ sicalh bispek.,ed>a.ih1 est pr,perp.bm the cat f,Tpbaisal. the ccmtliiio_,iO Irs inipro era'rt. r r,lkc the sits and- ,,k ph4 yr.tphs. [moo,einem Dose hgion Analysis The appraiser physically inspected and measured the subject properly. Through information gathered in the Clerk's office sod from lo..a's knni3Ontigable ul Ins eonstn uon rieta`Sa -,fthe I optisenien's,the cppraiscr hat determined tie apptcs ni a r._e Or the improvements. history of construction and title transter- Market Data Program The al pr,iror obtained drib ;in Sir art'rid unaroe e_' irobsFets ii.the rn o se-moo. This is c rlened by rl datiro s n sacs in ono anion retained n the working files or the appraiser. •i-hac insisters ral title i+ors a crilied 1rt researching deeds and other instruments in the courth case and an em:tots Ca contact buyers,sellers,hrokers,or all to verify transaction data and insure that ales'acre at arri>length. Rental Data Program The appraiser spa ed rental information ofcompc.lab's scilsi.s its the market area. This data base is retained in the wr,rking tiles on the appraise:. I I c-dlecl,cd through interviewing inanr°cro.brokers Lind oerst rs of conipc,ii,c.facilities in the coal ken area. This interview includes determining the extens OF.aruirzrises attributable to this type of income-producing property. Economic vacancies were determined by a comparative analysis of the subject's income potential lie resorted income of competing Facilities and the physical inspection of apparently occupied.enmp,"n.in=n buil!in_c firm ills market area. LOCATION MAP Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: :N.++LET 95A -!0 IA STR€E;7 %/,; I frt c r` Subject �1 \ / I •� �,�� : Subject L " $ f 4. 'Q y �-d 9 A*E7 Yb . N .•' C, -'• - —1' ' rr.•,•s• 1 • ---=.-.;' ..N ,., EE7"- S „L__. i I : r c ,rtT i6L6 SITE MAP Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Lip:76391 Lender: y�K r . �s �� , • -(1$ k. - ,f _ . " y t e.: 1050 fir'\14•• 1.1 t -„0''�.,,, 'ya„ c e,t*i�v,, "' ,rh, '✓Rc:l i {cq AlI rlasurc ,,,, "..,1":.. . b A p441. 11614 i + ci ,� ' a,FC" 411 lt, ''''' 710- ' _ ..,....H-=.1:tr.;.7.::-:; 111 Y f - + `r $ Reques ec Ah a Closure - A r ' ''r LE an .7,5J G_ \\,.( 'f'`. . \444‘, .• ' ,,„.,4 , ''... , , _, ', 1501 9ih Street Alley Closure: Map Legend Suh.ecl-ropedy ,awn PPWuceG ar cw-. MGM once P RODUCE7 SA,ruSESS - ", to ue Closed 6 50 200 Feet .:: . , ,..—..w ..---.._.,�...., t r I , I . i I 1 HENDERSON APPRAISALS Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryApprlRept City:Wichita Falls State: TX Zip:76301 Lender: Alley Looking South From 9th Street • 11.' wr44 i ir /i �,h 9th Street Looking East 4111111, � tr art ..., +dw. ,. Pmauma using ACI sofWare,800234 BRi www.x5weo.com PRT2L05212013 HENDERSON APPRAISALS Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppriRept City:Wichita Falls State: TX Zip:76301 Lender: Alley looking East Toward Holliday rim _.vs , r r, 10th Street Looking East • Pmducod using ACI sorrnare,800234 8727 www.acfweo.com PRT2L05212013 HENDERSON APPRAISALS Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppriRept City:Wichita Falls State: TX Zip:76301 Lender: ,; l Alley Looking North From 10th Street 1 11 ��fy t �" F�pn 4 .,14 �-�... yW ..,..w` '..r,. Pmducod using ACI sorrnare,800234 8727 www.acfweo.com PRT2L05212013 LICENSE Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: ` Certified General E� t# W Real Estate Appraiser � MAN APAA AIS E R I I SES III,:S. CERTIFICATION 5C5 1, Appraiser: JAMES HENDERSON License#: TX 1320131 G License Expires:03/31/2025 Having provided sat sFactory evidence of the qualifications required star,Tesrs Arproiser_lcensiri ant'Certification Act,Occupations Cods.C.J a s e' 3,autcri do",be granted to use this title: CertiBird Cieriera.=teal Estetis Appraiser Cs -- Chelsea Buchholtz For is•fvro-.-ion or to file a complaint please contact TALCB Commissioner atwv,,,v, Ccvssev ycry QUALIFICATIONS OF APPRAISER Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Lip:76301 Lender: QUALIFICATIONS OF dINI HENDERSON,SPA "State Certified and Licensed(TX-t320131-G)General Real Estate Appraiser" Per,unal lhistars:Born in Marietta,Oklahoma,December I7.1942. Graduated front Greenville F1i3lr School in 1961 and moved m`A'irhita Falls,Texas,in 1962. Educatio❑:Received B.S.in Math.and Education from Midwesierci State University. Completed and successfully passed the follo,Ning_real estateappi;.isal eewses, A. ea t �n fc .e le.'t ll .ersity e nu:. -A at Somnern Metiroaiat University,sponsored by the American Institute of Real Estate Apprti y rs. C 17_II at T ulsne L'nir e i S errrnrea ht :he. rner/,u- Real Estate Appraisers. phr r ins Fa,n;and S:m:1 PlooeTt2., poiasored h'the Society of Rua]LState Appraisers. P i 'np''.ii iit.:as sponsored by the Society and Amcucar institute of Real Estate Appraisers and I.e Appraisal A partial list includes: Income Property Appraising Professional Standards Multi-Family Appraisals Rural Property Appraisals Relocation Appraisals Small Office Computers Market Approach to Value Macy Others Pi ofcssional()raanizatioa L',muse-.;Cenris t '.Rau'-:c_h.the Texas Real I-sr. L'v:isr fission. Member of the Felts R r:aa r,C].ealrn-s_A t e nu]:1v:: nation of I rrl Brea ,_,.,.cinSert L°I-Reatxmi.and mun'cer of the I•.rau.ad II]HI riRe„and as,CAmplerl s'siden re:ern••(11rt7ar-d197R1.Ind Losurca Chapter Sociciy of Real Estate Appraisers,currently certified. Business Experience:Atli ae in Real Estate since 1968,nearer of l-tendcrsntr A I ra`as er:d Cuusul:urr Company (ha i lli'rr rei r nt,!s.Ic.'e,a70 t:o; n,-r ;e nit ce:, a or-e rrc mo,als of 'earderrvra', d farm Enc ranch p r„cries_], Personally owns c'm 15 fami', eonunercial,office buii.Jin,_�..;an::rind property, . Appraisal Clients include: RT-C. Dan Cain Fel] Attorney at Law Fannie Mae Cite of IA ,:hitoFalls Texas ilishway Department F.9 I-L Texas liiectric Union Se,:rre I.. r. ArnTes Mortgage Tese'oie Notre Rime CU Lana l iar(ias Company C aired ::'ral 'a<rea of Texas I ur ,,.mart Mortgage Phr.i i.r t c,npwn Premier National Bank Don`l-.-::.:iir.'tnWe z1 - r. i<-o".,,.t,r'r]o-._sye Merril-Lynch Retrmcati en Mgt F.H.l and\'_' LB.I'-]. Lecdu Semi.:. Nelion<Rr-,* I '':airi.,LL,, aE k "r'c S.B.A.and-Tumorous others Court Tcctiruaay:Qualified and Testified as Expert Witness: County;State and Federal Court CERTIFICATION AND STATEMENT OF LIMITING CONDITIONS Borrower: File N. 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: ,in',-, r rolz al --e • • - conv2..sol, n91., et,r,II... rd Inn'Ex.n.4 .= • , •: Any 344V4A1111,.1: LI14. accir.c Cr Cc-CC,S4r,r, . .c, crrl Crr,,,TATC,CIENT c15 cFPrnnevreiti ",.`" • -• r - • ,,,,n1017',4 ard 4 All,^ - 1,11 e- .1,• • term of vvr nelerzgr.d etatrq r, r ,.1.1cr,arc c{-.41, lorr ' qx= , , 011.5 IT,: . tocrEcrn ADDITIONAL CERTIFICATION Borrower: File No.: 9thstreet Property Address:9th Street at Holliday Case No.:SumaryAppr1Rept City:Wichita Falls State:TX Zip:76301 Lender: HENDERSON APPRAISALS&CONSULTANTS ADDITIONAL.CERTIFICATION: l. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. 2. The Appraisal Institute conducts a voluntary program of continuing professional education for its designated members. As of the date of this report,I have chosen not to complete requirements under the continuing education program of the Appraisal Institute. 3. I am currently licensed and certified by the State of Texas and have completed continuing professional education required by the State of Texas. Jim H derson,S Date St Certified-' X-l320I31-G