Res 013-87 1/20/1987RESOLUTION NO. /.3 '17
RESOLUTION APPROVING THE APPRAISAL OF PARCELS
58 AND #61 FOR THE HOLLIDAY CREEK CHANNEL
IMPROVEMENT PROJECT, SETTING JUST COMPENSATION,
AND AUTHORIZING PURCHASE OR CONDEMNATION.
WHEREAS , it is necessary to acquire drainage easements on
Parcels #58 and #61 for the excavation of Holliday Creek; and,
WHEREAS, such property has been appraised by Henderson Appraisal
and Consultants , an independent appraisal firm employed by the
City of Wichita Falls, 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 drainage eaements on the hereinafter described property
for the purpose of constructing the Holliday Creek Channel Improve-
ment Project.
SECTION 2 . The legal descriptions of the drainage easements
located in Wichita Falls , Wichita County, Texas , to be acquired
are as follows:
Parcel #58
A 4 . 68 acre tract out of Block 9 , Sayles
Irrigation Subdivision of the John A. Scott
Survey 10 , Abstract No. 302 , as fully
described by metes and bounds in a field
survey prepared by Corlett, Probst & Boyd,
Inc. , in January, 1987 .
Parcel #61
A 0 . 26 acre tract out of Block 9 , Sayles
Irrigation Subdivision of the John A. Scott
Survey 10, Abstract No. 302 , as fully
described by metes and bounds in a field
survey prepared by Corlett, Probst & Boyd,
Inc. , in January, 1987 .
m .
SECTION 3. The amount of just compensation is to be set
at $ 32 , 620. 00 for Parcel #58 and $6,268 . 00 for Parcel #61, which
is also the fair market value determined by Henderson Appraisal
and Consultants , who were employed by the City to appraise these
two tracts . The City Manager is hereby authorized to acquire
drainage easements on Parcels #58 and #61 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 and directed to cause to
be instituted 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 20th day of January, 1987 .
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M A Y O R
ATTEST:
Aehzt&i
City Clerk
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