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Res 095-92 6/2/1992RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS DETERMINING NECESSITY FOR ACQUISITION OF EASEMENTS FOR INSTALLATION OF A NEW WATER LINE ON RIVERCREST DRIVE, APPROVING THE APPRAISALS, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, it has been determined that the City of Wichita Falls must acquire certain utility easements in order to install a new four-inch waterline on Rivercrest Drive; and, WHEREAS, appraisals have been completed on the easements and have been reviewed by the Property Administrator, and are now on file in the Property Management Office. 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 installing a new waterline on Rivercrest Drive. SECTION 2. The legal descriptions of the utility easements to be acquired are as follows: RC-1 A 2,580 square foot tract out of Lot 2, Block 5, Rivercrest Park Addition. RC-2 A 2,385 square foot tract out of Lots 3 and 4, Block 5, Rivercrest Park Addition. RC-3 A 300 square foot tract out of Lot 4, Block 5, Rivercrest Park Addition. RC-4 A 380 square foot tract out of Lot 21, Block 5, Rivercrest Park Addition. RC-5 A 560 square foot tract out of Lot 22, Block 5, Rivercrest Park Addition. I JRC-6 Tract I A 2,550 square foot tract out of Lot 22, Block 5 , Rivercrest Park Addition. Tract II A 1,240 square foot tract out of Lot 22, Block 5, Rivercrest Park Addition. The above-described parcels being fully described by metes and bounds in field surveys prepared by Corlett, Probst & Boyd, Inc. SECTION 3 . The amount of just compensation for the utility easements to be acquired are as follows: RC-1 1,032 . 00 RC-4 152. 00 RC-2 954. 00 RC-5 224. 00 RC-3 120. 00 RC-6 1,516. 00 These amounts are also the fair market value determined by Henderson Appraisal and Consultants, who were employed by the City to appraise the tracts. 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 acquisition of utility easements for installation of a new waterline on Rivercrest Drive. SECTION 5. 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 2nd da of June, 1992. C ----// 111411" M A Y O R ATTEST: Aii- mitAt, ' 44/Wi-d-) City Clerk