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HomeMy WebLinkAboutRES 86-124 R E S O L U T I O N WHEREAS, right-of-way purchased for Spur 380, Phases I and II, was purchased in the name 'of the State of Texas; and, WHEREAS, in Phase III, the right-of-way will be purchased in the name of the City of Beaumont and a portion of the property acquired will be granted as an easement to Kansas City Southern Railroad for railroad relocation; and, WHEREAS, after the easements are granted, the City will deed the property to the State subject to the easement and request reimbursement; and, WHEREAS, this process is necessary so as not to delay the timely completion of the project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the purchase of the following parcels of land are hereby approved: Parcel 72 : 12,432 square feet of Lot 6 , Block 28, Arlington Addition Owner: John B. Farinella, et al State' s Approved Value: $16, 797 Parcel 77 : 4,630.4 square feet out of Block 6, Gentz Addition Owner: Joe E . O'Fiel State' s Approved Value: $20, 000 BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute easements and deeds as necessary to accomplish the purposes set out herein. op- 0� BE IT FURTHER RESOLVED that the purchase of the following parcels of land for M. L. King, Jr . Pkwy/Spur 380 right-of-way acquisition be, and the same are hereby, approved: Parcel 73 : 3, 510.9 square feet out of Lot 7 , O' Brien and Bordages Addition Owner: Joe E. O'Fiel Appraised Value : $2,984 Parcel 74: 5 ,854.5 square feet out of Lot 6, O' Brien and Bordages Addition Owner: Joe E. O'Fiel Appraised Value : $4, 976 PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of 1986. Mayor - 2 - , � /. V