Res 1425 6/5/1973RESOLUTION NO. /2,425'
WHEREAS, the City of Wichita Falls and the Texas State Highway
Department are co-operating in the construction of Kell Freeway, Project
52-071, under the 1967 Capital Improvements Program of the City of Wichita
Falls; and,
WHEREAS, by contract signed January 31st, 1968, the City and the
Texas State Highway Department agreed that they would share equally in the
cost of the right-of-way and utility adjustments for this project; and,
WHEREAS, the parcel hereinafter described was acquired and paid
for, at the appraised value of $359.00 by the City of Wichita Falls as a
part of a larger tract of property acquired in right-of-way acquisition for
F.W.D.R.R. relocation. _
WHEREAS, by Resolution No. 1168 the City Manager was authorized
to purchase 0.011 of one acre of land out of Lot 2, Block 57, Section 6-D,
Fountain Park Addition for the Texas State Highway Department for the ap-
praised value of $359.00; and,
WHEREAS, the Texas State Highway Department will reimburse the
City in an amount equal to fifty percent (507) of the approved value of
this parcel required for right-of-way for the Kell Freeway project as soon
as a deed thereto from the City to the State of Texas has been delivered and
recorded.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The City Manager, acting for and in behalf of the City of Wichita
Falls, is hereby authorized and directed to execute a deed conveying unto
the State of Texas this parcel required for right-of-way for the Kell Project.
This parcel is specifically described in the records of this project on file
in the offices of the Department of Public Works in the City of Wichita Falls.
The consideration for such deed shall be the sum of fifty percent (507) re-
imbursement of the value of Three Hundred Fifty Nine ($359.00) Dollars for
the said property under the terms of the above mentioned contract. Such
deed shall reserve all of the oil, gas and sulphur under the land conveyed,
but waive all rights of ingress and egress to the surface thereof for the
purpose of exploring, developing, mining, or drilling for same; however, the
State shall have the right to take and use all other minerals and materials
thereon, therein, and thereunder. Such deed shall contain a general warranty.
PASSED AND APPROVED THIS THE 5th Day of June 1973
A
MAYOR
ATTEST:
J--e...-14-ktiezii • „44-7-<-e-fr-d--J
City Clerk
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