Res 017-2015 2/17/2015Resolution No. 17-2015
Resolution granting the City Manager authority to approve
negotiations for property acquisitions up to $25,000 over the fair
market value if it is deemed appropriate
WHEREAS, the City Council of the City of Wichita Falls finds it i s in the public’s
best interest to negotiate property acquisition in the most prudent and fi scally
responsible manner possible; and,
WHEREAS, acquisition is often a time sensitive issue and can result in greater
expenses if delayed.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
In the event the Property Administrator is unable to purchase property for the fair
market value, the City Manager is authorized to increase the offer up to $25,000 over
the fair market value when, in his judgment, it appears to be in the best interest of the
City to do so.
PASSED AND APPROVED this the 17th day of February, 2015.
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M A Y O R
ATTEST:
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City Clerk