Res 1782 3/16/1976RESOLUTION NO. /0I
RESOLUTION APPROVING APPRAISAL OF PROPERTY
ON KELL FREEWAY RELOCATION AND AUTHORIZING
THE. PURCHASE OR CONDEMNATION.
WHEREAS, it is necessary to acquire the property hereinafter
described for construction of the listed project in the 1967 Capital Improve-
ments Program, and,
WHEREAS, such property has been appraised by an appraiser employed
by the Texas State Highway Department and the amount of the value as deter-
mined from the appraisal has been studied by the Board of Aldermen, and a
copy is 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 property to be purchased by
Warranty Deed is as follows:
Kell Freeway Project 52-380
Warranty Deed
7,855 s.f. of Lots 3 & 4, Block 224
Original Town
Combined total of value approved in this resolution 44,400.00
Section No. 2 The value of such property is hereby approved and
the City Manager is hereby authorized to purchase in the name of the Texas
State Highway Department or the City of Wichita Falls, by Warranty Deed
such tract of land as shown on the project right-of-way map. The author-
ized price to be paid for such tract is State approved value as determined
from appraisal made by real estate appraiser employed by the Texas State
Highway Department.
Section No. 3 In the 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 Texas State Highway Department or the City of Wichita Falls.
PASSED AND APPROVED THIS THE 16th DAY OF March 1976
ATTEST
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