Res 1712 9/16/19751
RESOLUTION NO.
RESOLUTION AUTHORIZING CHILDREN' S AID SOCIETY
OF WEST TEXAS, INC. TO USE PROCEEDS FROM FOW-
LER HOME FOR GENERAL PURPOSES .
WHEREAS, on June 22 , 1949 , the City of Wichita Falls
leased to the Children' s Aid Society of West Texas, Inc. the
property on which the Fowler Home is located for a term of
99 years ,which lease was enlarged by an amendment dated Sep-
tember 11, 1957 ; and,
WHEREAS , by Resolution No. 1464 dated September 18, 1973 ,
the Board of Aldermen authorized the execution of a deed con-
veying such property to said Society, so that such property
could be sold by the Society and the proceeds invested in a
new facility on a new site. The deed provided that, in the
event such proceeds are not so used by the Society, then the
City shall have the right to reenter and recover the title to
the property so conveyed; and,
WHEREAS , the new facility is now under construction,and
is expected to be completed about November; however, the old
Fowler Home has not been sold, and the Society may be unable
to sell it until after completion and payment of the construc-
tion costs for the new facility. Under these circumstances ,
the Society has requested that the City release its right to
reenter and recover the title to such property.
NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The right of the City to reenter and recover the title
to the property on which the Fowler Home is now located is
hereby released and extinguished; when the old Fowler Home is
sold by the Society, the proceeds therefrom may be applied to
the general funds of the Society.
PASSED AND APPROVED this the 16th day of September, 1975.
7
MAY RPR ' TEM
ATTEST:
DEPUTY I YEPUT CLERK