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Res 014-91 2/5/1991RESOLUTION NO. /4—I/ RESOLUTION DETERMINING NECESSITY FOR ACQUISITION OF UTILITY EASEMENT ON OLD IOWA PARK HIGHWAY, APPROVING THE APPRAISAL, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION. WHEREAS, it has been determined that the City of Wichita Falls must acquire a utility easement for the relocation of a water distribution line in the 1400 block of the Old Iowa Park Road; and, WHEREAS, an appraisal has been made on this tract and reviewed by the Property Administrator and is now on file in the Property Management Office. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 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 relocation of a water distribution line. SECTION 2 . The legal description of the permanent utility easement to be acquired is as follows: A 508 square foot tract out of the John A. Scott Survey No. 17, Abstract 298, and being a portion of the tract described in Volume 1244, Page 494 of the Wichita County deed records. SECTION 3 . The amount of just compensation for the permanent utility easement to be acquired is $122. 00. This amount is also the fair market value determined by Henderson Appraisal and Consultants, who were employed by the City to appraise the tract. 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 a permanent utility easement for the relocation of a water distribution line on the Old Iowa Park Road. PASSED AND APPROVED this the 5th day of February, 1991. M A Y O R.//// i//grg :::?::/ f411111: ATTEST: r City C erk