2000-032RESOLUTION NO. 00-32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, AUTHORIZING THE PURCHASE OF CERTAIN
RIGHTS-OF-WAY FOR THE TRAFFIC MANAGEMENT BOND
PROGRAM; PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas, established the
Traffic Management Bond Program that includes intersection improvements to reduce
traffic congestion and inconveniences to the motoring public; and,
WHEREAS, the Traffic Management Bond ("TMB") program also includes funding
for off-road hike and bike trails; and
WHEREAS, Southlake voters approved propositions supporting these initiatives in
an election held on May 1, 1999 by substantial margins; and
WHEREAS, the City Council has engaged the services of a professional
consultant to manage the project to ensure timely completion of the projects and is
committed to completing the improvements as quickly as possible;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS, THAT:
Section 1. The City Manager or his designee shall be authorized to coordinate with the
consultant to manage acquisition of certain rights-of-way. Such authorization shall
include identification of needed parcels or portions of parcels in conformance with Exhibit
A, negotiations with property owners, coordination with the title company to ensure steps
are taken to acquire the property free of any encumbrances, and execution of appropriate
documents to purchase needed properties at fair market value.
Section 2. The City Manager and/or his designee shall be authorized to determine fair
market value of the subject properties by establishing value ranges based on comparable
sales. In no case shall the City Manager authorize the purchase of any property that
exceeds the value range established for the subject property without prior City Council
approval. In no case shall funds be expended in excess of the total amount allocated in
the Traffic Management Bond program for acquisition of rights-of-way.
Section 3. The City Manager shall provide monthly reports to the City Council
regarding the expenditure of funds for TMB land acquisition, providing a detailed
accounting of property acquired, value ranges established, and purchase price.
Section 4. This resolution shall become effective after its passage and adoption by the
City Council.
EXECUTED this day of
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ATTEST '!&%,,,
Ci yyASecretary
CITY OF SOUTHLARE
By:
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EXHIBIT A
A-K-E -,YL VD. (fiAf 170
VD. (F9 1709)
SoUTHLAKE
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LEGEND
PROPOSED R 0 W. PARCEL *3
EXISTING R O.W
PROPOSED R 0 W.
ACQUISITION
PROPOSED TEMPORARY
CONSTRUCTION EASEMENT
PROPOSED LAND-
SCAPE EASEMENT
PARCEL -2
PARCEL *1
PA EL *5
QP
EXHIBIT A
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PARCEL "1
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PARCEL '6
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PARCEL "2
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PARCEL •3
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PARCEL 44 (Z
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PARCEL 15
4
LEGEND
PROPOSED R.O.W.
EXISTING R.0 W ---
PROPOSED R 0 W
ACQUISITION -"="-=_-g
PROPOSED LAND- ElY 7l•7I71 7IZY71•YCi1SCAPEEASEMENT