HomeMy WebLinkAboutR87-208018
RESOLUTION NO. R87-208
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PLAINVIEW, TEXAS ADJUSTING INSURED VALUES OF
CERTAIN STRUCTURES OF THE CITY OF PLAINVIEW,
TEXAS ·
WHEREAS, L. James Robison, Architect, of L. James Robison and
Associates, completed as of January 5, 1987, a replacement cost
study of the value of numerous City buildings;
WHEREAS, a report indicating the insured value and the
replacement cost value as of January of 1987 is attached and
hereby made a permanent part of this Resolution.
NOW THEREFORE BE IT RESOLVED by the Mayor and the City
Council of the City of Plainview, Texas, that the items listed on
the attached report shall have their values altered retroactive to
October 1, 1985, and that all buildings be insured at 100% of
their value.
PASSED AND APPROVED this the 27th day of January, 1987.
ATTEST:
S~L ~WEN, City Secretary
city of Plainview
REPLACE COST VALUE OF STRUCTURES
January 5, 1987
Structure & Location
1. city Hall
901-11 Broadway
2. Police Station
& Court
106-08 W. 9th
3. Public Library
823 Austin
5. Central Fire
Station
215 E. 6th
6. Sub-Fire Station
911 Quincy
7. Plumber Supply &
office
410 W. 18th
8. Maintenance Shop
419-C W. 17th
10. Maintenance Barn
504-C W. 18th
12. Water Works Control
3500 W. 16th
13. Water Filter Tank
3500-C W. 16th
15. Clarifier Tank
3414 W. 16th
16. Clarifier Tank
3414 W. 16th
17. Surface Open
Filter Tank
1/2 mile S.E.
of City
18. Clarifier 1/4
mile S.E. of
City
Insured
Value
1-87 Replacement
~ostV__alue
$ 658,000 $ 562,375
$ 603,800 $ 535,800
$ 894,000 $ 751,800
$ 298,000 $ 270,650
$ 262,500 $ 201,920
$ 374,000 $ 306,504
$ 341,000 $ 277,344
$ 252,000 $ 195,000
$ 663,000 $ 631,700
$1,443,500
$1,188,000
$ 302,000 $ 248,400
$ 302,000 $ 248,400
$1,049,500 $ 864,000
Over
(Under)
Insured
$ 95,625
$ 68,000
$ 142,200
$ 27,350
$ 60,580
$ 67,496
$ 63,656
$ 57,000
$ 31,300
$ 255,500
$ 53,600
$ 53,600
$ 185,500
$ 721,500 $1,100,000 $(378,500)
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Structure & Location
Insured
Value...
1-87 Replacement
Cost Value
19. Digesters
1/2 mile S.E.
of City
$ 958,000
$ 788,400
23. Water Storage
Tank 7th & Elm
$ 229,500
$ 250,000
24. Water Reservoir
NE Corner - 20th
& Kokomo
$ 361,000
$ 389,880
27. Elevated Water
Tank-3201-C
N. Quincy
$ 590,500
$ 486,000
28. Elevated Water
Tank-il09 D Smythe
$ 347,500
$ 337,500
30. Elevated Water
Tank-1315 Baltimore $ 393,500
$ 375,000
31. Elevated Water
Tank
629-D N. Beech
$ 288,500
250,000
32. Elevated Water
Tank-1300 C. S.
Date
$ 590,500
$ 490,000
44. Storage Tank
801-C S.W. 3rd
$ 361,000
$ 375,000
, Replacement cost values for the above structures were
by L. James Robision, Architect, of L. James Robison &
as of January 5, 1987.
Over
(Under)
Insured
$169,600
$(2O,500)
$(28,880)
$104,500
$ 10,000
$ 18,500
38,500
$100,500
$(14,000)
determined
Associates,
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