Res 2901 11/13/1981RESOLUTION NO.
RESOLUTION APPROVING THE LANCASTERSHIRE JOINT
VENTURE OFFICE/RETAIL PROJECT AS AN ACCEPTABLE
COMMERCIAL PROJECT WITHIN THE ELIGIBLE BLIGHTED
AREA.
WHEREAS, the Lancastershire Joint Venture office/retail
project at the southwest corner of Tenth and Broad Streets in
Wichita Falls 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, such 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, such project is an acceptable commercial project
of the office and retail 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 Lancastershire
Joint Venture office/retail project as an acceptable commercial
project within the eligible blighted area.
PASSED AND APPROVED this the 13th day of November, 1981.
A Y O R
ATTEST:
City Clerk