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Res 164-92 10/20/1992RESOLUTION NO. /( -j A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS DETERMINING NECESSITY FOR DRAINAGE IMPROVEMENTS FOR PHASE II OF THE FM 369 PROJECT; 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, certain parcels have been designated for acquisition to provide drainage improvements for Phase II of the FM 369 Project; and, WHEREAS, the appraisals have been completed on the five easements required for this project, and said appraisals 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 providing necessary drainage improvements for Phase II of the FM 369 Project. SECTION 2 . The legal descriptions of the drainage easements to be acquired are as follows: Tract 4 A 0. 328 acre tract, more or less, out of a 5.00 acre tract in Block 11, Denton County School Lands, as described in Volume 881, Page 75 of the Wichita County deed records. Tract 5 A 0. 329 acre tract, more or less, out of a 5. 00 acre tract in Block 11, Denton County School Lands, as described in Volume 1092 , Page 705 of the Wichita County deed records. Tract 6 A 0. 321 acre tract, more or less, out of a 5. 00 acre tract in Block 11, Denton County School Lands, as described in Volume 1107, Page 336 of the Wichita County deed records. Tract 5 A 0.786 acre tract, more or less, out of a 5. 00 acre tract in Block 11, Denton County School Lands, as described in Volume 884, Page 552 of the Wichita County deed records. The legal description of the 12 month temporary construction easement to be acquired is as follows: Tract 4 (TCE) A 0. 163 acre tract, more or less, out of a 5. 00 acre tract in Block 11, Denton County School Lands, as described in Volume 881, Page 75 of the Wichita County deed records. The above-described tracts are fully described by metes and bounds in surveys on file in the Public Works Department of the City of Wichita Falls. SECTION 3 . The amount of just compensation for the above-described tracts is as follows: Tract 4 $1, 050. 00 Tract 6 $1, 027 . 00 Tract 4 (TCE) $65. 00 Tract 5 $1, 053 . 00 Tract 7 $2 ,515. 00 These amounts are also the fair market value determined by Henderson Appraisal and Consultants, who were employed by the City to appraise these tracts. The Property Administrator is hereby authorized to acquire drainage easements on Tracts 4, #5, #6, and #7 described above in the name of the City of Wichita Falls, and a temporary construction easement on Tract 4 (TCE) . 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 Phase II of the FM 369 Drainage Project. 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. J PASSED AND APPROVED this the 20th day of October, 1992 . i i A Y O ATTEST: 1i lL !421141),-71-41-j City Clerk