Res 1576 9/24/1974RESOLUTION NO. /9"-.
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RESOLUTION APPROVING APPRAISAL OF PROPERTY ON
KELL FREEWAY AND AUTHORIZING THEIR PURCHASE OR
CONDEMNATION.
WHEREAS, it is necessary to acquire the property hereinafter described
for construction of the listed project in the 1967 Capital Improvements Program,
and,
WHEREAS, such property has been appraised by independent appraisers
employed for this purpose by the Texas State Highway Department, and the amount
of the state approved value, as determined from the appraisals, has 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 property to be purchased by Warranty
Deed is as follows:
Kell Freeway -- Project 52-380
Warranty Deed
3,818 s. f. of Lots 2 & 3, Block E
Grainger & Ballow Addition
Combined total of values approved in this resolution 41,315.00
Section No. 2 The value of such property is 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 tract
of land as shown on the project right-of-way map. The authorized price to be
paid for such tract is the State approved value as determined from appraisal
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.
Section No. 4 The City Manager is authorized to execute for the
City of Wichita Falls a deed to the State of Texas all of the interest acquired
in those right-of-way tracts required for the construction of Kell Freeway.
PASSED AND APPROVED THIS THE 24th DAY OF September 1974.
MAYOR
ATTEST:
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City Clerk
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