Res 123-2023 Acquisition of 6.1 Acres from Burlington Northern Railway 10/17/2023 Resolution No. 123-2023
Resolution authorizing the acquisition of approximately 6.1 acres of
land belonging to Burlington Northern Railway Company for the
construction of South Wenonah Boulevard, and authorizing the City
Manager to execute all related documents to purchase said property
for an amount not to exceed $362,500 plus standard closing costs
WHEREAS, the construction of South Wenonah Boulevard will increase safety and
reduce heavy truck traffic on adjacent thoroughfares; and
WHEREAS, the Tax Increment Finance (TIF) Board #2 has allocated its remaining
unencumbered fund balance to the project;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1 . Authorization is granted to acquire the approximately 6.1-acre tract of land from
Burlington Northern Railroad Company.
2. Authorization is granted to the City Manager to sign all related documents
necessary to purchase the property at a price not to exceed $362,500 plus
standard closing costs.
3. It is hereby officially found and determined that the meeting at which this
resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 17th day of October 2023.
co/
MAYOR
ATTEST:
City Clerk
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South Wenonah Boulevard Exhibit Legend
S Wenonah Blvd Ext.
CITY OF WICHITA FALLS PLANNING DIVISION
MAP PRODUCED BY:Cedric Hu Property owned by City
DATE PRODUCED:30 March 2023
Property owned by Lowes
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