Res 2894 11/3/1981RESOLUTION NO. /. j
RESOLUTION APPROVING THE HOLT SQUARE PROJECT
AS AN ACCEPTABLE COMMERCIAL PROJECT WITHIN
THE ELIGIBLE BLIGHTED AREA
WHEREAS , the Holt Square Project will contribute significantly
to redevelopment objectives in 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 Holt Square Project will contribute to the
economic growth of Wichita Falls by increasing employment
opportunities, increasing the tax base and promoting commerce
with the City; and,
WHEREAS, the Holt Square Project is an acceptable
commercial project for an office and hotel.
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 Holt Square Project
as an acceptable commercial project within the eligible
blighted area.
PASSED AND APPROVED this the 3rd day of November, 1981.
A Y O R
ATTEST:
i C 7( e, /-
City Cleik