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HomeMy WebLinkAboutResolution - 060878F - Appraisal - LISD - Roberts And Mcwhorter Addition - 06_08_1978JWF:vb L�D RESOLUTION A v BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT two appraisals have been made with respect to Parcel No. 75010-84-30 owned at present by Lubbock Independent School District, said parcel being describ ed as follows: LEGAL DESCRIPTION Meets and Bounds Description for a 4. 9 acre tract of land out of blocks 94, 95 and 96, Roberts and McWhorter Addition to the City of Lubbock, Lubbock County, Texa according to a survey by Wilson Surveying Company dated March 20, 1978. Beginning at the southeast corner of block 94 above: Thence north 25 feet along the center line of Avenue S; Thence west along the north R-O-W line of Cornell Street 25 feet; Thence north along the west R-O-W line of Avenue S a distance of 161.75 feet for the point of beginning of this tract: THENCE continuing North a distance of 473.47 feet; THENCE West a distance of 934. 84 feet; THENCE South 63144155" East a distance of 77 feet; THENCE South 75151155" East a distance of 106. 5 feet; THENCE South 1 °2019" East a distance of 34.6 feet; THENCE South 6 9 °34' 36" East a distance of 155. 24 feet; THENCE South 64148236" East a distance of 113. 4 feet; THENCE South 0000124" West a distance of 22.3 feet; THENCE South 65 059156" East a distance of 563. 85 feet to the POINT OF BEGINNING of this tract. JW F: vb SAID appraisals indicated a fair market value for said parcel of land of $20.9000. 00, and said amount is hereby approved and determined as the fair market value thereof for acquisition purposes for the Canyon Lakes Project, and is to be purchased with Community Development funding from the United States Government SECTION 2. THAT in accordance with its contract with the City of Lubbock, the Urban Re-.'. newal Agency of the City of Lubbock (as the agent for the City of Lubbock) is hereb authorized to offer Lubbock Independent School Dis.trict the sum of $20, 000. 00 for the purchase of said land for Canyon Lakes Project public municipal purposes. Passed by the City Council this 8th day of June , 1978. Tr a P il.lip% Cl Se 'tary easur r AP OVED TO FOR Fred O. Senter, Jr. , Ci Attorney J