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Res 182-97 12/2/1997RESOLUTION NO. — RESOLUTION TO ESTABLISH A VALUE FOR CURB AND GUTTER ON BOUNDARY STREETS REQUIRED BY PLATTING, AT $15.00 PER LINEAR FOOT WHEREAS, Appendix A - Subdivisions, Section 9 (B) (2) (a) require installation by the subdivider of curbs and gutters on boundary streets; and, WHEREAS, City Council Bill 318 passed and approved on the 4th day of November, 1997 requires the subdivider when unable, for reason, to construct the boundary street curb and gutters, the subdivider shall place a cash deposit with the City, to be held in perpetuity, or until the boundary street is improved to municipal standards. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The value of $15.00 per linear foot of curb and gutter is established to determine the cash deposit to be held in perpetuity by the City, if a subdivider is unable, for reason, to construct the boundary street curb and gutters. PASSED AND APPROVED this the 2nd day of December, 1997. ATTEST: City Clerk AYOR