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Res 056-82 3/16/1982RESOLUTION NO. RESOLUTION APPROVING AND ACCEPTING THE DAYS INNS OF AMERICA, INC. , HOTEL PROJECT AS AN ELIGIBLE PROJECT WITHIN OR ADJACENT TO THE CITY'S DESIGNATED BLIGHTED AREA. WHEREAS, the proposed Days Inns of America, Inc. , hotel project will contribute significantly to redevelopment objectives in or adjacent to the City's blighted area, as defined by the Wichita Falls Board of Aldermen, and is in furtherance of public purposes, as defined by the Development Corporation Act of 1979, as amended; and, WHEREAS, such project will contribute to the economic growth of Wichita Falls by increasing employment opportunities, increasing the tax base and pro- moting commerce within the City; and, WHEREAS, such project is an acceptable project of the commercial type. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City of Wichita Falls approves the Days Inns of America, Inc. , hotel project as an acceptable commercial project within or adjacent to the City's designated blighted area. PASSED AND APPROVED this the 16th day of March, 1982. MAYO R ATTEST: 4'` City Clerk