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Res 062-88 4/5/19881 RESOLUTION NO. ( A- d D RESOLUTION APPROVING THE APPRAISAL OF PARCELS #28 -A, #29, #29 -S, #55, #56 -B, #56 -C, #56 -D, AND #58 -D FOR THE HOLLIDAY CREEK CHANNEL IMPROVEMENT PROJECT, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION. WHEREAS, in accordance with the plans for Phase II of the Holliday Creek Channel Improvement Project, the appraisals have been completed on eight additional parcels of property, and such appraisals have been reviewed by the Property Administrator and are now on file in the Property Management Office. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. It is necessary that the City of Wichita Falls acquire fee simple title to Parcels #28 -A and #56 -B and drainage and utility easements to Parcels #29, #29 -S, #55, #56 -C, #56 -D, and #58 -D on the hereinafter described property for the purpose of constructing the Holliday Creek Channel Improvement Project. SECTION 2. The legal descriptions of the property to be acquired in fee simple title located in Wichita Falls, Wichita County, Texas, to be acquired are as follows: Parcel #28 -A A 1.045 acre tract out of Block 19 of the Kemp and Newby Subdivision of the Southeast quarter of J. A. Scott Survey 11, as fully described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., in February, 1988. Parcel #56 -B A 0.4151 acre tract, more or less, out of Block 8 of Sayles Irrigation Subdivision of the J. A. Scott Survey No. 10 and being the same tract as fully described in Volume 1153, Page 836 of the Wichita County deed records. The legal descriptions of the drainage and utility easements located in Wichita Falls, Wichita County, Texas, to be acquired are as follows: I/ Parcel #29 A 0.669 acre tract out of Block 19 of the Kemp and Newby Subdivision of the Southeast quarter of J. A. Scott Survey No. 11 as fully described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., on March 11, 1988. Parcel #29 -S A 0.069 acre tract out of Block 19 of Kemp and Newby Subdivision of the Southeast quarter of J. A. Scott Survey No. 11, as further described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., on March 11, 1988. Parcel #55 A 0.229 acre tract out of Block 8 of Sayles Irrigation Subdivision of J. A. Scott Survey No. 10, as further described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., in February, 1988. Parcel #56 -C A 0.097 acre tract out of Block 8 of Sayles Irrigation Subdivision of the J. A. Scott Survey No. 10, as further described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., in February, 1988. Parcel #56 -D A 0.026 acre tract out of Block 8 of the Sayles Irrigation Subdivision of J. A. Scott Survey No. 10, as further described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., in February, 1988. Parcel #58 -A A 0.720 acre tract out of Block 8 of the Sayles Irrigation Subdivision of J. A. Scott Survey No. 10, as further described by metes and bounds in a field survey prepared by Corlett, Probst & Boyd, Inc., in February, 1988. SECTION 3 follows: 3 The amount of just compensation is to be set as Fee Simple Title #28 -A $4,552.00 #56 -B Drainage and Utility Easements $2,712.00 #29 $4,663.00 #56 -C $1,626.00 #29 -5 481.00 #56 -D 518.00 #55 3,586.00 #58 -A 2,509.00 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 City Manager is hereby authorized to acquire fee simple title to Parcels #28 -A and #56- B, and drainage and utility easements on Parcels #29, #29 -5, #55, #56 -C, #56 -D, and #58 -A as described above, in the name of the City of Wichita Falls. Section 4. In the event the City Manager is unable to purchase such parcels for the appraised value, he 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 Manager is hereby authorized to institute condemnation proceedings to obtain such property in the name of the City of Wichita Falls for the Holliday Creek Channel Improvement Project. PASSED AND APPROVED this ATTEST: , Jtij) Z-d-" City ttlerk