Res 1747 12/2/1975RESOLUTION NO. /A47
RESOLUTION APPROVING UPDATED APPRAISALS OF
PROPERTIES ON KELL FREEWAY AND AUTHORIZING
THEIR PURCHASE OR CONDEMNATION.
WHEREAS, by the adoption of Resolution No. 1633 the Board of Aldermen
of the City of Wichita Falls has heretofore found that it is necessary to
acquire the properties hereinafter described for construction of the Kell
Freeway, Project 52-380 and approved the appraised values of such prop-
erties; and,
WHEREAS, the appraisal of such properties has now been updated by the
independent appraiser employed by the Texas State Highway Department to re-
flect present market prices, and these updated appraisals have been approved
by the Texas State Highway Department and have been studied by the Board of
Aldermen, and copies of same 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
1543 s.f. of Lots 6, & 7, Blk. 9, Bateson Second Addn.
15,499 s.f. of Lots 6,7,8,9,20 & 21, Block 8
Bateson SecondLAddition.
Combined total of values approved in this resolution 9,329.00
Section No. 2 The updatedated 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 the
tracts of land as shown on the project right-of-way map. The authorized prices
to be paid for such tracts are the state approved values as determined from the
updated appraisals (rather than the original appraisals approved by the resolu-
tion set out above) made by the independent 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 2nd , DAY OF December 1975
YOR
ATTEST:
2541-19"1"
Deputy City Clerk
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