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Res 2174 7/11/1978RESOLUTION NO. APPROVING UPDATED APPRAISALS OF PROPERTIES ON KELL FREEWAY AND AUTHORIZING THEIR PURCHASE OR CONDEMNATION. WHEREAS , by the adoption of Resolution Nos. 1843 and 1959 the Board of Aldermen of the City of Wichita Falls has heretofore found that it is necessary to acquire the properties hereinafter described for construction of the Kell Freeway, Project 52-380, and approved the appraised values of such properties , and; WHEREAS, the appraisals of such properties have now been updated by the independent appraiser employed by the State Department of Highways and Public Transportation to reflect present market prices , and the updated appraisals have been approved by the State Department of Highways and Public Transportation and have been studied by the Board of Aldermen , and a copy of same is now in the pos- session of the Director of Public Works and/or Assistant City Manager. NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS , TEXAS, THAT: Section No. 1 The project and properties to be purchased by Warranty Deed and by Easement are as follows : Kell Freeway, Project 52-380 Warranty Deed 0. 112 acre out of Block 119 Highland Addition. Being a part of a tract of land described in Volume 842, Page 257, Deed Records of Wichita County, Texas . Easements 0.222 acre out of Block 119, Highland Addition. Being a part of a tract of land described in Volume 521 , Page 291 , Deed Records of Wichita County, Texas. 0.009 acre out of Cyrus Eakman Survey, Section No. 2 , SPRR Company Survey No. 1 Abstract No. 281 , Wichita County, Texas. The combined total of values approved in this resolution---$13,214.00 Section No. 2 The updated values of such properties are hereby approved and the City Manager is hereby authorized to purchase in the name of the State of Texas, or the City of Wichita FAlls , by Warranty Deed or by Easement such tracts of land as shown on the project right-of-way map. The authorized price to be paid for such tracts are the state approved values as determined from the up- dated appraisals (rather than the original appraisals approved by the resolutions set out above) made by the independent real estate appraiser employed by the State Department of Highways and Public Transportation. Section No. 3 In the event the City Manager is unable to purchase such tracts for such approved updated values , he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tracts in the name of the State of Texas or the City of Wichita Falls. PASSED AND APPROVED THIS THE 11th DAY OF July 1978 ATT T: M A Y O R City Clerk ' 1p V