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Res 158-88 8/2/1988RESOLUTION NO. !� RESOLUTION DETERMINING NECESSITY FOR ACQUISITION OF PROPERTY FOR THE HOLLIDAY CREEK PROJECT; APPROVING THE APPRAISALS, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION. WHEREAS, certain parcels have been designated by the Corps of Engineers for acquisition in order to provide drainage and utility right -of -way for the realignment of Holliday Creek; and, WHEREAS, the additional parcels Property Administr Management Office. appraisals , and such ator and a have been completed on four appraisals have been reviewed by the re now on file in the Property 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 utility easements to be acquired are as follows: Parcel #73 -A drainage and A 0.30 acre tract out of Block 1, Irrigation Subdivision of the North one -half of the J. A. Scott Survey No. 7, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., on July 22, 1988. Parcel 474 -AR A 0.15 acre tract out of Block 1, Irrigation Subdivision of the North one -half of the J. A. Scott Survey No. 7, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc, on July 22, 1988. Parcel #74 -R A 0.22 acre tract out of Block 1, Irrigation Subdivision of the North one -half of the J. A. Scott Survey No. 7, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., on July 22, 1988. Parcel #75 -B A 0.243 acre tract out of Block 1, Irrigation Subdivision of the North one -half of the J. A. Scott Survey No. 7, as fully described by metes and bounds in a field survey prepared by Brannon Engineering, Inc., on July 22, 1988. SECTION 3. The amount of just compensation for the drainage and utility easements to be acquired is to be set as follows: Parcel #73 -A $5,227.00 #74 -R $4,182.00 #74 -AR $2,614.00 #75 -B $4,234.00 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 to Parcels #73 -A, #74 -AR, #74 -R, and #75 -B 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 2nd day of August, 1988. M A Y Cr R ATTEST: City Clerk