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Res 182-96 12/3/1996RESOLUTION NO. A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO EXECUTE DOCUMENTS, INCLUDING AMENDMENTS, COMPLETING THE SALE OF CITY OWNED PROPERTY TO THE CONTINENTAL HOUSING CORPORATION OF BAKERSFIELD, CALIFORNIA OR ITS ASSIGNEE; FINDING AND DETERMINING THAT TH MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City Council has a desire to improve housing opportunities for low and moderate income elderly in the City; and WHEREAS, the City Council desires to facilitate a residential project in the former Holt Hotel property and has ownership of adjacent property which is vital to the feasibility of such a project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City Manager is authorized to execute such documents completing the sale of City owned property described as follows: All of Lots 3,4, and 5, Block 163 Original Townsite; the South eleven feet of East 1/2 Lot 2; the North thirty-nine feet of the East 1/2 of Lot 1, Block 163, Original Townsite. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 3rd day of December, 1996. MA OR/ ATTEST: CI LERK PAGE 2 OF 2 PAGES AGENDA ITEM NO.