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R-95-10-12-13D - 10/12/1995RESOLUTION NO. R- 95- 10- 12 -13D WHEREAS, Council has previously determined the need to acquire additional right -of -way for the improvement and widening of Gattis School Road, and WHEREAS, the City hired an appraiser to determine the fair market value of the needed right -of -way, and WHEREAS, the City's appraiser revised his appraisals of the needed property to take into account recent land sales in the area, and ATTEST: WHEREAS, the Council wishes to revise its offers to purchase the needed property, based on the revised appraisals, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized to purchase 0.49 acres of right -of -way for the Gattis School Road expansion from Round Rock Texas Investments, Inc., based on the revised appraisals; and the Mayor is authorized and directed to execute on behalf of the City any and all documents necessary to purchase said property. RESOLVED this 12th day of October, 1995. 6 44 L! /1 44L0 E LAND, City Secretary x: \RRSULUTI \RS51012D.WYD /kg CHARLES C PER, Mayor City of Round Rock, Texas DATE: October 10, 1995 SUBJECT: City Council Meeting - October 12, 1995 ITEM: 13.D. Consider a resolution authorizing the Mayor to acquire 0.49 acres of land, more or less, for right -of- way along Gattis School Road pursuant to a revised appraisal. STAFF RESOURCE PERSON: Steve Sheets STAFF RECOMMENDATION: The City previously authorized the acquisition of 0.49 acres for the widening of Gattis School Road across four tracts of land based on an appraisal by Tom Gardner and Associates. Mr. Gardner re- appraised said property after discovering several new transactions in the area.