Res 2900 11/13/1981RESOLUTION NO. 2//,/
RESOLUTIONRESOLUTION APPROVING THE POTEET AND OLIVER
GRACE STREET OFFICE COMPLEX AS AN ACCEPTABLE
COMMERCIAL PROJECT WITHIN THE ELIGIBLE BLIGHTED
AREA.
WHEREAS , the Poteet and Oliver Grace Street office complex
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 Poteet and Oliver Grace Street office complex
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, such project is an acceptable commercial project
of the professional office 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 Poteet and Oliver
Grace Street office complex as an acceptable commercial
project within the eligible blighted area.
PASSED AND APPROVED this the 13th day of November, 1981.
g A i7 R
ATTEST:
Y
74,
City Clerk