Res 130-2000 9/19/2000RESOLUTION NO.13d-�(`;OQ
RESOLUTION TO ESTABLISH A VALUE FOR SIDEWALK ESCROW IN
LIEU OF CONSTRUCTION; FINDING AND DETERMINING THAT THE
MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN
TO THE PUBLIC AS REQUIRED BY LAW.
WHEREAS, the City Council desires to establish a standard amount for
escrowing where funds in lieu of constructing sidewalks that are required under
municipal ordinances; and
WHEREAS, municipal ordinances provides for escrowing of funds in lieu of
constructing sidewalks on a site.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. The value of $2.25 per square foot is established to determine the
cash deposit to be held in perpetuity by the City, if it is determined by the City Engineer
that it is not possible to construct sidewalks on a site as required in Chapter 27, and
Section 9 of Appendix A, as amended, of the Code of Ordinances.
SECTION 2. It is hereby officially found and determined that the meeting at
which this resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 19th day of September 2000.
ATTEST:
City Clerk
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AYOR