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Res 238-88 12/20/1988RESOLUTION NO. Aifad RESOLUTION DETERMINING NECESSITY FOR ACQUISITION OF PROPERTY FOR THE EXTENSION OF THE RIVER TRAIL SYSTEM, APPROVING THE APPRAISALS, SETTING JUST COMPENSATION, AND AUTHORIZING PURCHASE OR CONDEMNATION. WHEREAS, in May 1988, Phase II of the river trail system was completed which extended approximately 2,300 linear feet of trail from Lucy Park to The Falls; and, WHEREAS, the Public Works Department has completed the design for the Phase III river trail extension from The Falls to O'Reilly Park; and, WHEREAS, it has been determined that eleven parcels of property must be acquired for this phase and such parcels have now been appraised, and the 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 constructing Phase III of the Wichita River Trail System. SECTION 2. The legal descriptions of the parcels to be acquired in fee simple title are as follows: Parcel #RT -1 A 0.44 acre tract out of Block N, Original Townsite, as fully described by metes and bounds in a field survey prepared by Biggs & Mathews, Inc., on November 9, 1988. Parcel #RT -2 All of Block 97, Original Townsite of Wichita Falls, a /k /a 100 No. Burnett Street. Parcel #RT -3 All of Block 96, Original Townsite of Wichita Falls, a /k /a 101 No. Burnett Street. Parcel #RT -4 All of Block 95, Original Townsite of Wichita Falls, a /k /a 1000 Second Street. Parcel #RT -5 All of Block 94, Original Townsite of Wichita Falls, a /k /a 112 No. Lamar and 908 Second Street. Parcel #RT -6 A 0.42 acre tract out of Lot 8, Lots 22 -25, and a portion of two closed alleys in Block 93, Original Townsite, as fully described by metes and bounds in a field survey prepared by Biggs & Mathews, Inc., on November 17, 1988. Parcel #RT -7 All of Lots 12, 13, of one closed alley Townsite of Wichita Street. Parcel #RT -8 A 0.078 acre tract Original Townsite, metes and bounds in by Biggs & Mathews, 1988. Parcel #RT -9 14, and 15, and a portion in Block 93, Original Falls, a /k /a 805 Front out of Lot 9 B, Block 92, as fully described by a field survey prepared Inc., on November 10, A 1.12 acre tract out of Block "T" of the Water Power property, as fully described by metes and bounds in a field survey prepared by Biggs & Mathews, Inc., on November 17, 1988. Parcel #RT -11 A 0.94 acre tract out of Block "G" of the Water Power property, as fully described by metes and bounds in a field survey prepared by Biggs & Mathews, Inc., on November 18, 1988. Parcel #RT -12 A 0.20 acre tract out of Block U of R. E. Montgomery Second Subdivision, as fully described by metes and bounds in a field survey prepared by Biggs & Mathews, Inc., on November 18, 1988. SECTION 3. The amount of just compensation for the eleven parcels described above is to be set as follows: Parcel #RT -1 $ 3,945.00 #RT -7 $ 600.00 #RT -2 2,400.00 #RT -8 272.00 #RT -3 3,000.00 #RT -9 4,465.00 #RT -4 3,000.00 #RT -11 2,047.00 #RT -5 8,700.00 #RT -12 523.00 #RT -6 10,984.00 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 these eleven parcels 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 Wichita River Trail System. PASSED AND APPROVED this the 20th day of December, 1988. �.Q M JA Y O R ATTEST: -7 / City .lerk