Res 1577 9/24/1974RESOLUTION NO. / '77
RESOLUTION APPROVING UPDATED APPRAISALS OF
PROPERTIES ON KELL FREEWAY AND AUTHORIZING
THEIR PURCHASE OR CONDEMNATION.
WHEREAS, by the adoption of Resolution Nos. 1168 and 1514, the Board of
Aldermen of the City of Wichita Falls has heretofore found that it is nec-
essary to acquire the properties hereinafter described for construction of the
Kell Freeway, Project 52-071, 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 or by Easement are as follows:
Kell •Freeway, Project 52-071
WARRANTY DEED
Lot 7, Block H
Grainger & Ballow Addition.
25.213 ac. of land out of Block 2, 3,
10 & 11, DCSL Sur. Lg. #1 795/116
1.400 ac. of land out of Block 2,3,
10 & 11, DCSL Sur. Lg. #1 Abs. 58
0.401 Ac. of land out of Blk. 2,3,
10 & 11 DCSL Sur. Lg. #1 Abs. 58
2.892. ac of land out of Blk. 2,3
10 & 11 DCSL lg. #1 , Wichita Co.
Deed Records.
EASEMENT
0.041 acre of land out of Block 2,3,
10 & 11, DCSL Sur. Lg. #1, Abs. 58 795/116
Combined total of values approved in this resolution 342,042.00
Section No. 2 The updated 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 and
by Easement tracts of land as shown on the proiect right-of-way map. The author-
ized 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
resolutions set out above) made by the independent real estate appraisers employ-
ed by the Texas State Highway Department.
Section No. 3 In the event the City Manager is unable to purchase such
tracts for such approved updated 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 24th DAY OF September 1974.
MAYOR
ATTEST:
a/
City Clerk
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