Res 091-88 5/3/1988RESOLUTION NO. fl- ff
RESOLUTION DETERMINING NECESSITY FOR ACQUISITION
OF PARCELS #48, #48 -A, #49, AND #F -68 FOR THE
HOLLIDAY CREEK PROJECT, APPROVING THE APPRAISALS,
SETTING JUST COMPENSATION, AND AUTHORIZING
PURCHASE OR CONDEMNATION.
WHEREAS, certain parcels of property have been designated
for acquisition in order to provide drainage and utility right -
of -way and fill areas in Phase II of the Holliday Creek Project;
and,
WHEREAS, the appraisals have been completed on four
additional parcels and such appraisals 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, 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 purpose of providing
adequate right -of -way for drainage and utilities as well as fill
areas in Phase II of the Holliday Creek Project.
SECTION 2. The legal descriptions of the drainage and
utility easements to be acquired are as follows:
Parcel #48
A 3.493 acre tract out of Blocks 3 and 6, J.
A. Scott Survey No. 10, as fully described by
metes and bounds in a field survey prepared
by Biggs & Mathews, Inc., on April 19, 1988.
Parcel #48 -A
A 0.060 acre tract out of Lot 2, Block 1,
Kiwanis Park Subdivision, as fully described
by metes and bounds in a field survey
prepared by Biggs & Mathews, Inc., on April
19, 1988.
Parcel #49
A 0.176 acre tract out of Lot 1, Block 1,
Kiwanis Park Subdivision, as fully described
by metes and bounds in a field survey
prepared by Biggs & Mathews, Inc., on April
19, 1988.
The legal description of the fill easement to be acquired is
as follows:
Parcel #F -68
A 0.239 acre (10,400 square foot) tract out
of Kiwanis Park Subdivision and being a
portion of the tract described in Volume 613,
Page 133 of the Wichita County deed records.
SECTION 3. The amount of just compensation for the drainage
and utility easements is to be set as follows:
Parcel #48 $24,345.00 #48 -A & #49 $31,658.00
The amount of just compensation for the fill easement is to
be set at $520.00 for Parcel #F -68.
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 drainage and utility easements on Parcels
#48, #48 -A and #49 and a fill easement on Parcel #F -68, 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 authoriz to
institute condemnation proceedings to obtain such pro erty in the
name of the City j of Wichita Falls /f`�r the Holliday�C ek Chtnel
Improvement Project. /
PASSED AND APPROVED this tle Akf day Af May,/1788.
M A Y
ATTEST:
City nerk