Res 2870 10/20/1981JJ
RESOLUTION NO.
02JJ7e
RESOLUTION APPROVING TILE KIVA INN PROJECT AS
AN ACCEPTABLE COAL^1ERCIAL PROJECT WITHIN THE
ELIGIBLE BLIGHTED AREA
WHEREAS, the Kiva Inn Project will contribute significantly to
redevelopment objectives for the eligible 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, the Kiva Inn Project will contribute to the economic
growth of Wichita Falls by increasing employment opportunities, increasing
the tax base and promoting couuuerce with the City; and
WHEREAS, the Kiva Inn Project is an acceptable commercial project
of the hotel/motel 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 Kiva `Inn Project as an
acceptable commercial project within the eligible blighted area.
PASSED AND APPROVED THIS THE E71,%e41 ay of 1981.
MAYOR
ATTEST:
T / 2 /7
3j ' /
AL
CITY CLERK