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HomeMy WebLinkAboutR82-516RESOLUTION NO. R82-516 0{) 194 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS AUTHORIZING THE MAYOR TO ENTER INTO TWO (2) SALES CONTRACTS FOR THE PURCHASE OF WATER WELL SITES AND THE DEPOSIT OF EARNEST MONEY WITH COMPLETION OF THE PURCHASE SUBJECT TO PRELIMINARY DRILL TESTS. WHEREAS, by passage of Ordinance No. 81-2456 the City Council allocated funds for the development of two additional water wells for the City's waterproduction system; and WHEREAS, two-locations have been selected and appraisals have been made as follows: 1) A 0.4821 acre tract out of Twenty-six (26), Block JK-2, Hale County, owned by John Joe Kirchoff and wife, Mary Virginia Kirchoff, located in the northwest part of Plainview, which has an appraised market value of $2,890.60. 2) A 0.3587 acre tract out of Survey No. 28, Block JK-2, Hale County owned by Westridge Development, Inc. located in the southwest part of'Plainview, Which hasan appraised value of $2,896.60. WHEREAS, the property, owners have agreed to the sale of this land to the City of Plainview for the purpose of Water Well Sites and the City has agreed to put up earnest money in the amount of 10% of the purchase price with the balance being paid at the time of sale pending preliminary drill test: NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of Plainview, Texas that the Mayor be authorized to enter into sales contracts for two (2) parcels to be used as water wellsites and authorize the placement of earnest money in the amount of 10% of the purchase price with the balance being paid upon satisfactory completion of preliminary drill test. PASSED AND APPROVED this the .2Sth day of May, 1982. ATTEST: WALTER S. DODSON, City Clerk