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Res 198-95 12/5/1995r** RESOLUTION NO.I qP—I 5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, DETERMINING NECESSITY FOR THE ACQUISITION OF PROPERTY FOR THE EXPANSION OF THE CYPRESS WATER PLANT, APPROVING THE APPRAISALS, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS DISCUSSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, in order to meet local needs and federal requirements, plans are being made for the future expansion of the Cypress Water Plant; and WHEREAS, two tracts of land, adjacent to the current facility, have been appraised for this project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS: SECTION 1. It is necessary that the City of Wichita Falls acquire the hereinafter described property located in Wichita Falls, Wichita County, Texas, for the purpose of upgrading and expanding the Cypress Water Plant. SECTION 2. The legal descriptions of the tracts to be acquired in fee title are as follows: Tract I A 13.33 acre tract, more or less, out of Block 17, Denton County School Land, a /k /a 4405 Barnett Road. Tract II A 12.229 acre tract, more or less, out of Block 17, Denton County School Land, a /k /a 4301 Barnett Road. SECTION 3. The amount of just compensation for the tracts to be acquired is a follows: Tract I $133,300.00 Tract II $97,832.00 The just compensation is also the fair market value determined by Crossland Appraisal Company, who was employed by the City to appraise the tracts. r SECTION 4. In the event the Property Administrator is unable to purchase the parcels for the appraised value, the City Manager is authorized to increase the offer when, in his judgment, it appears to be in the best interest of the City to do so to save the cost of condemnation. If both parties are unable to agree upon a value for the property, the City Attorney is hereby authorized to institute condemnation proceedings to obtain such property in the name of the City of Wichita Falls for the expansion of the Cypress Water Plant Facility. SECTION S. 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 5th day of De , 1995./" -" ATTEST: Al City Clerk M A- Y 0 R