Res 172-86 11/4/1986RESOLUTION NO. /U- %6
RESOLUTION APPROVING THE APPRAISAL OF PARCELS
8 , #10 , AND #11 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 #8, #10, and #11 for the excavation of Holliday Creek;
and,
WHEREAS, such property has been appraised by Henderson
Appraisal, an independent appraiser 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 easements 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 #8
A 0 . 95 acre tract out of the John A. Scott
Survey II, Abstract 299, as fully described
by metes and bounds in a field survey
prepared by Corlett, Probst & Boyd, Inc. ,
in August, 1986 .
Parcel #10
A 0. 26 acre tract out of Block 8 of Barwise
and Jalonick Addition, as fully described
by metes and bounds in a field survey
prepared by Corlett, Probst & Boyd, Inc. ,
in August, 1986.
Parcel #11
A 0 . 033 acre tract out of Block 8 of
Barwise and Jalonick Addition, as fully
described by metes and bounds in a field
survey prepared by Corlett, Probst &
Boyd, Inc. , in August, 1986.
SECTION 3. The amount of just compensation is to be set
at $8, 266 . 00 for Parcel #8; $906. 00 for Parcel #10; and $115. 00
for Parcel #11, which is also the fair market value determined
by a real estate appraiser employed by the City of Wichita Falls.
The City Manager is hereby authorized to acquire drainage ease-
ments on Parcels #8, #10, and #11, as described above, in the
name of the City of Wichita Falls.
SECTION 4 . In the event that 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 4th day of November, 1986.
M A Y O R"
LiWit
ATTEST:
City Clerk
2