HomeMy WebLinkAboutR83-624A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PIAINVIEW,
TEXAS, ESTABLISHING FAIR MARKET VALUE FOR THE PARCELS OF
PROPERTY LISTED HEREIN AND LOCATED IN ~HE PI~
OD~V~3NITY DEVELOPMENT STORM DRA//qAGE p~ AREA.
WHEREAS, the City Council of the City of Plainview desires to
establish fair market value for property located in the City of
Plainview's Cc~nu~i~ Development Storm Drainage Project Area; and
WHEREAS, the Cc~nunity Developmant Department has obtained an
appraisal from a qualified real estate appraiser, under contract, for
his determination as to fair market value; and
WHEREAS, the review appraiser has submitted his report including
his opinion of the fair market ualue; and
WHEREAS, the City Council of the City of Plainview has reviewed and
discussed the appraisals end the report of the review appraiser;
NOW, THEREFORE BE IT RESOLVED by the Mayor and City Council of the
City of Plainview, to certify that the work of the appraiser and review
appraiser has been performed in a competent manner in accordance with
applicable State Law, the Housing and Urban Development (Public Law
93-383), and the Department of Housing and Urban Development policies
and requirements; therefore, the following fair market value is hereby
established and the listed acquisition price is hereby approved.
SECTION 1:
A. Parcel No. 1 (B-81-4)
1. Owner: Essie K. Wilson Estate
2. Appraiser and Date of Appraisal: David Julian, 7/30/83
3. B~view Appraiser and Date of Review Appraisal:
Walter S. Dodson, 8/4/83
4. Fair Market Value: $1,640.00
5, Damages: $1,~610.00
6. Acquisition Price: $3,250.00
B. Parcel No. 2 (B-81-5) 1. Owner: William Fred Morris and Anneta Webb
2. Appraiser and Date of Appraisal: David Julian, 7/30/83
3. Review Appraiser and Date of Review Appraisal:
Walter S. Dodson, 8/4/83
4. Fair Market Value: $1,450.00
5. Damages: $1,830.00
6. Acquisition Price: $3,280.00
SECTION 2: Total cost of acquisition: $ 6,530.00
PASSED AND APPRDVSD this the 4th aay of ..August, 1983.
00
08~.~
E.V. I:(IDT,'Rf-E.~ER, Mayor
ATI~ST:
NALT~{ S. DODSON, City Clerk