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Res 1706 9/2/1975RESOLUTION NO. /W RESOLUTION AUTHORIZING RECONVEYANCE OF COYOTE STADIUM BACK TO THE WICHITA FALLS INDEPENDENT SCHOOL DISTRICT. WHEREAS, under date of January 12, 1970 , Wichita Falls Independent School District executed a deed conveying Coyote Stadium to the City of Wichita Falls , which deed is recorded in Volume 1074, Page 450 , Wichita County Deed Records, refer- ence to which is here made for a complete description of the land conveyed. On the same date, the School District and the City entered into an agreement concerning such property, in- cluding the responsibility of the City to maintain such pro- perty, the right of the School District to use such property, limitations and restrictions on the use to be made of the property and the City' s right to convey the same, and provision for reversion of title to the School District in the event of violation of the restrictions; and, WHEREAS , it is found that such facility no longer serves a useful purpose for the City, and that the maintenance and operation thereof have been a constant drain on manpower and finances of the City, and that it would be in the best interest of the City to reconvey such facility to the Wichita Falls Independent School District. NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is hereby authorized to execute a special warranty deed, without further consideration, conveying to the Wichita Falls Independent School District all of that certain property described in the deed dated January 12 , 1970 , recorded in Volume 1074, Page 450 , Wichita County Deed Records . PASSED AND APPROVED this the 2nd day of September, 1975. M A Y O ATTEST: I -ZyCITY CLERK