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Res 1528 4/8/1974RESOLUTION NO. 4.5 - 4gly RESOLUTION APPROVING APPRAISAL OF PROPERTIES ON KELL FREEWAY AND AUTHORIZING THEIR PURCHASE OR CONDEMNATION. WHEREAS, it is necessary to acquire the properties hereinafter des- cribed for construction of the listed project in the 1967 Capital Improve- ments Program, and, WHEREAS, such properties have been appraised by independent appraisers employed for this purpose by the Texas State Highway Department, and the amount of the state approved values, as determined 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 1.287.5 s.f. Lot 4, Block H Grainger & Ballow's Addn. 4,023.s.f. Lots 7 & 8, Block A Kings Addition 500 s.f. of Lot 17, Block 2 Boyd's S/D of Grainger Park Addn. 124 s.f. of Lot 1, Block 1 Boyd's S/D Grainger Park Addn. 375 s.f. of Lot 7 & 8, Block 9 Bateson Second Addition Lot 3, Block J Grainger & Ballow's Addition Lot 22, Block 6 Boyd's S/D Grainger Park Addn. Lots 22 & 23, Block 8 Bateson Second Addn. Lot 18, Block 1 Bateson Second Addition Lots 1, 2 & W. 18' of 3, Block 1 Barwise & Jalonic Addition M.30' of Lot 11, Block E Grainger & Ballow's Addn. Pg: 2, 4/23/74 Kell Freeway W.25' of Lot 11, Block E Grainger & Ballow's Addition Pt. of Lot 12, Block 6 Boyd's S/D Grainger Park Addition Lot 7 & 8, Block J Grainger & Ballow's Addition Lot 16, Block 1 Boyd's S/D Grainger Park Addition Lot 5, Block 8 Bateson Second Addition Part of Lots 25, 26 & B, Block 1 Bateson Second Addition Combined total of values approved in this resolution 97,620.00 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 price to be paid for such tracts are the State approved values as determined from appraisals 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 tracts for such approved values, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tracts in the name of the Texas State Highway Department or the City of Wichita Falls. PASSED AND APPROVED THIS THE 23rd day of April 1974 MAYOR ATTEST: City lerk