2000-112RESOLUTION NO. 00-112
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, AUTHORIZING THE PURCHASE OF CERTAIN
RIGHTS-OF-WAY FOR THE RECONSTRUCTION OF SOUTH
KIMBALL AVENUE; PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas, established the
Reconstruction of South Kimball Avenue that includes intersection improvements to
reduce traffic congestion and inconveniences to the motoring public; and,
WHEREAS, funds for engineering designs were included in the 99/00 CIP and
funds for construction were included in the 00/01 CIP; and,
WHEREAS, the City Council has engaged the services of a professional
consultant to design the project 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 the
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
the 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 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 ihtej yy(, UA.,1 , 2000.
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City Secretary
CITY OF SOUTHLAKE