Res 2267 12/19/1978RESOLUTION NO. c /otO
RESOLUTION APPROVING TRADE WITH J. S. BRIDWELL
COMPANY OF LANDS LOCATED AT LAKE ARROWHEAD.
WHEREAS, the City of Wichita Falls advertised for offers
to trade three tracts of land located at Lake Arrowhead, said
tracts being described as Tract 1, Tract 2 and Tract 3 on the
attached bid dated November 27 , 1978 ; and,
WHEREAS, one bid was received, that being the bid of
J. S. Bridwell Company, a copy of which bid is attached hereto,
wherein such Company offered to trade forty acres out of Lots
No. 8 and No. 9, Clark and Plumb Subdivision No. 1, Clay County,
Texas, said forty acres being located on the east side of
Deer Creek and the south side of F.M. Highway No. 172; and,
WHEREAS, the Board of Aldermen finds that it is advisable
to exchange this City-owned land for the land offered by
J. S. Bridwell Company.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The bid made by J. S. Bridwell Company is hereby accepted,
and the City Manager is authorized to execute and deliver for
the City of Wichita Falls the necessary deeds and any other
instruments necessary to complete this exchange of lands.
PASSED AND APPROVED this the 19th day of December 1978.
MAYOR
ATTEST
City Clerk
November 27 , 1978
The J. S . Bridwell Company , a partnership, owned 60% by
the Estate of J. S . Bridwell and 40o by the Estate of
Margaret B. Bowd.le , submits this sealed bid with regard
to your NOTICE OF OFFER FOR EXCHANGE OF LAND covering the
following three tracts of land owned by the City of Wichita
Falls , Texas :
Tract 1 : 20 . 94 acres out of the S . Pierce Survey ,
A-79 , Clay County , Texas , being all that part of
the land conveyed to the City of Wichita Falls
by Oscar Miller and wife by deed dated February
15 , 1966 , in the S . Pierce Survey , which lies
above elevation 930 Ft. M. S .L.
Tract 2 : 49 . 39 acres out of Block 37 , Coleman
Subdivision of the Brazos County School Lands ,
and Block 55 , Aaron Castleberry Survey , A-57 ,
Archer County , Texas , and being a part of the
land conveyed to the City of Wichita Falls by
J. K. Coleman and wife by deed dated September
22 , 1966 , in said Block 37 and Block 55 which
lies above elevation 930 Ft. M. S . L.
Tract 3 : 21 . 26 acres out of Block 55 and Block
58 , Aaron Castleberry Survey , A-57 , Archer County ,
Texas , and being part of the land conveyed to
the City of Wichita Falls by J. K. Coleman and
wife by deed dated September 22 , 1966 , in said
Block 55 and Block 58 which lies above elevation
930 Ft. M.S . L.
For good title to the above three tracts of acreage , J. S .
Bridwell Company offers good title to the City of Wichita
Falls , Texas , of forty (40) acres out of Lots #8 and 49 ,
Clark and Plumb Subdivision No. 1 , Clay County , Texas , subject
to the following reservations :
1 . J. S . Bridwell Company reserves unto itself , its
heirs and assigns , all the oil , gas , and other
minerals under said forty (40 ) acre tract.
2 . Within said forty (40) acre tract , the J . S .
Bridwell Company will reserve a two ( 2 ) acre
tract located out of the Northeast corner of
Lot 49 .
If this offer is accepted, the City of Wichita Falls , Texas
will not remove any fences on the forty (40) acres being traded
to them until such time as they have built a fence on the East
side of the forty (40) acres tract .
J . S . BRIDWELL COMPANY
BY : , ._% Ar;wo .i
if /. '. G. ins r s t e e