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Res 2077 1/17/1978RESOLUTION NO. 1 77 RESOLUTION APPROVING APPRAISAL OF PROPERTIES ON KELL FREEWAY RELOCATION AND AUTHORIZING THEIR PURCHASE OR CONDEMNATION. WHEREAS, it is necessary to acquire the properties hereinafter described for construction of the listed project in the 1967 Capital Improvements Program, and, WHEREAS, such properties have been appraised by appraisers employed by the State Department of Highways and Public Transportation and the amount of the values as determined from the appraisals have been studied by the Board of Alder- men, and copies are now in the possession 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 Deeds are as follows : Kell Freeway - Project 52-380 Warranty Deed 9,054 sq. ft. of Lots 4 & 5, Taylor Subdivision 4321 sq. ft of Lots 4, 5, & 6, Block 224 Original Townsite. Combined total of values approved in this resolution 119,000. Section No. 2 The 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 such tracts of land as shown on the project right-of-way map. The authorized price to be paid for such tracts is State approved values as determined from appraisals made by real estate appraisers employed by the State Department of Highways and Public Transportation. Section No. 3 In event the City Manager is unable to purchase any such tract for such approved value, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tract in the name of the State of Texas or the City of Wichita Falls. PASSED AND APPROVED THIS THE 17th PS i Januar 978 Ati?A'Aili or 4110, M Al 0 R ATTEST: ji:/-i-22,4- 4-11/e,-.) City Clerk 5= b