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HomeMy WebLinkAboutRES 96-47 RESOLUTION NO. 96 e WHEREAS, an agreement has been negotiated for the acquisition of land for improvements to FM 364/Major Drive from Highway 105 to State Highway 124; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT.- THAT the purchase of the following parcel for improvements to FM 364/Major Drive from Highway 105 be and the same is hereby approved: Parcel 43: 0.773 of an acre out of Lots 1 and 2, Block 7 of Wescalder Fig Acres Addition Appraised Value (Bishop Real Estate Appraisers, Inc.) $138,300.00 (Land and pavement only - improvements owned by others) Diminution in Value to Remainder 128.000.00 Subtotal $266,300.00 Less Improvments Retained: None 0.00 Total Compensation $266,300.00 (Partial Taking) Owner: P. H. Phelan, Trustee PASSED BY THE CITY COUNCIL of the City of Beaumont this the /+A,-day of .�� 1996. ('-61" Mayor - Pro Tem