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Res 006-2015 1/6/2015 RESOLUTION NO. _R 06-2015_ Resolution determining the necessity for acquisition of property for the purpose of permanent and temporary utility easements necessary to complete the Permanent Reuse Pipeline S outh Project and authorizing the purchase. WHEREAS, the City of Wichita Falls finds it is in the public’s best interest to provide potable water to the citizens of Wichita Falls via the Permanent Reuse Pipeline Project; and, WHEREAS, the City Council finds that property interests must be acquired for this project, and in accordance with state law, the City must offer the fair market value to the owners for the acquisitions. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Council determines that the property interests described and depicted in the following described attached Project Aerial Location Map, Tract Ownership Map, and depicted in the attached Field Notes and Drawings, are necessary for the City’s Permanent Reuse Pipeline Project and City staff is authorized to bargain in good faith for the purchase of the property interests with just compensation to be offered to the property owners in an amount that staff determines to be the fair market value thereof:  Tract 1 - Wichita Falls Economic Development  Tract 2 - Stephens Partnership Company, LTD.  Tract 3 - Stephens Partnership Company, LTD.  Tract 4 - Thomas and Danette Murchison  Tract 5 - J.S. Bridwell Company  Tract 6 - J.S. Bridwell Company  Tract 7 - TDS Properties, LLC  Tract 8 - Margaret Bridwell Trust  Tract 10 - Margaret Bridwell Trust PASSED AND APPROVED this the 6th day of January, 2015. ______________________________ M A Y O R ATTEST: _______________________ City Clerk Project Aerial Location Map Tract Ownership Map Tract Ownership Map Field Notes