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Res 1862 10/7/1976RESOLUTION NO. /(6,7----) 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 Improve- ments Program, and , WHEREAS, such properties haw been appraised by appraisers employed by the Texas State Highway Department and the amount of the values as deter- mined from the appraisals have been studied by the Board of Aldermen , 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 Deed are as follows : Kell Freeway--Project 52-380 Warranty Deed Lot 8, Block 15 of I . Jalonick Addition Lot 5, Block 15 of I . Jalonick Addition Lot 7, Block 6 of I . Jalonick Addition 4706 s .f. of Lot 9 & 10, Block 7 of I . Jalonick Addition Lot 10, Block 17 of I . Jalonick Addition Combined total of values approved in this resolution 51 ,052.00 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 Texas State Highway Department or the City of Wichita Falls , by Warranty Deed such tracts of land as shown on the project right-of-way map. The authorized prices to be paid for such tracts are State approved values as determined from appraisals made by real estate appraisers 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 7th DAY OF October 1976 M A Y 0 R ATTEST: a I. City ClerkClerk