HomeMy WebLinkAboutR82-468O0 41/0
RESOLUTION NO. R82-468
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW,
TEXAS, ESTABLISHING FAIR MARKET VALUE FOR THE PARCELS OF
PROPERTY LISTED HEREIN AND LOCATED IN THE PLAINVIEW COMMUNITY
DEVELOPMENT STORM'DRAINAGE PROJECT 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
Community Development Storm Drainage Project Area; and
WHEREAS, the Community Development D~partment 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 reportfincluding his
opinion of the fair market value; and
WHEREAS, the City Council of the City of Plainview has reviewed and
discussed the appraisals and 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 require-
ments; therefore, the following fair market value is hereby established
and the listed acquisition price is hereby approved.
SECTION 1:
A. Parcel No.: B-81-1
1. Owner: J.D. Spann
2. Appraiser and Date of Appraisal: David Julian, 1/9/82.
3. Review Appraiser and Date of Review Appraisal:
Walter S. Dodson, 1/12/82
4. Fair Market Value: $5,920.00
5. Damages: $4,300.00
6. Acquisition Price: $10,220.00
B. Parcel No.: B-81-2 1. Owner: Claude May, Jr.
2. Appraiser and Date of Appraisal: David Julian, 1/9/82.
3. Review Appraiser and Date of Review Appraisal:
Waltmr S. Dodson, 1/12/82
4. Fair Market Value: $4,930.00
5. Damages: $1,490.00
6. Acquisition Price: $6,420.00
C. Parcel No.::B-81-S 1. Owner: Producers Partnership
2. Appraiser and Date of Appraisal: David Julian, 1/9/82.
3. Review Appraiser and Date of Review Appraisal:
Walter S. Dodson, 1/12/82
4. Fair Market Value: $6,000.00
5. Damages: $3,300.00
6. Acquisition Price: $9,500.00
· ~ O0 ! 42
SECTION 2: Total cost 'of acquisition: $25,940.00
PASSED AND APPROVED this the 12th day of January, 1982.
W~Y~AND, (~or - -
ATTEST:
·
WALTER S DODSON, City Clerk