Res 168-90 10/2/1990RESOLUTION NO. /64-- &
RESOLUTION AUTHORIZING SALE OF EXCESS CITY
PROPERTY AT 302 LIVE OAK AND IN THE 1500
BLOCK OF IOWA PARK ROAD
WHEREAS, the City of Wichita Falls owns a 0. 167 acre tract
of land located at the Southwest corner of the Iowa Park Highway
and the Old Iowa Park Road, and a 2,373 square foot tract out of
Lot 1, Block 7, Lakewood Place, also known as 302 Live Oak, and
the City has no further usage of such property; and,
WHEREAS, these tracts of land are too small and irregular in
shape to be used independently and the City desires to sell this
property in order to relieve the burden of maintenance.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
As authorized by Chapter 272 of the Local Government Code,
the City of Wichita Falls shall sell the following described
excess property located in Wichita Falls, Wichita County, Texas:
Parcel A A 0. 167 acre tract out of the John A. Scott Survey
No. 17, Abstract 298, located at the Southwest corner of the Iowa
Park Highway and the Old Iowa Park Road, is to be sold to Trans
Chemical Distribution Company for the fair market value of
700.00.
Parcel B The 2, 373 square foot tract remainder of Lot 1,
Block 7, Lakewood Place, also known as 302 Live Oak, is to be
sold to Henry L. Hill for the fair market value of $100.00.
The Mayor is hereby authorized to execute the deeds
conveying these properties on behalf of the City of Wichita
Falls.
PASSED AND APPROVED this the 2nd day of
v
October ','0.
M A Y O R
ATTEST:
I
1.4 Cl-- I ' 1Gc_.Mi
City Clerk