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Res 143-88 7/5/1988RESOLUTION NO. 143 -88 RESOLUTION DETERMINING NECESSITY FOR ACQUISITION OF PARCELS #65 -A, #63 -A, #67 -A, AND #69 -A FOR THE HOLLIDAY CREEK PROJECT, APPROVING THE APPRAISALS, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION. WHEREAS, certain parcels of real property have been designated for acquisition in order to provide drainage and utility right -of -way for 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 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 #63 -A A 0.33 acre tract out of Lot 1, Parish Brothers Addition, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., in June, 1988. Parcel #67 -A A 0.012 acre tract out of Lot 12, Block 9, Country Club Addition, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., in June, 1988. Parcel #69 -A A 0.60 acre tract out of the J. A. Scott Survey No. 9, Abstract 305, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., in June, 1988. The legal description of the parcel to be acquired in fee title is as follows: Parcel #65 -A All of Lot 3, Block 9, Country Club Addition, and being a portion of the property described in a deed recorded in Volume 1184, Page 488 of the Wichita County deed records. SECTION 3. The amount of just compensation for the parcels to be acquired is set as follows: Parcel #63 -A $2,120.00 #67 -A $ 42.00 #65 -A 516.00 #69 -A 4,574.00 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 drainage and utility easements on Parcels #63 -A, #67 -A, and #69 -A, and fee simple title to #65 -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 the 5th day of July, 1988. ATTEST: �r City Clerk