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Res 1489 12/4/1973z- 9 71RESOLUTIONNo /4f WHEREAS, by the adoption of Resolutions No. 1036 and 11.01, the Board of Aldermen of the City of Wichita Falls has heretofore found that is is necessary to acquire the properties hereinafter described for con- struction of the Kell Freeway, Project 52-380, and approved the appraised values of such properties; and, WHEREAS, the appraisals of such properties has now been updated by the independent appraiser employed by the Texas State Highway Department to reflect 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 a copy of same is now in the possession of the Dir- ector 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 Quit Claim Deed are as follows: Kell Freeway, Project 52-380 Quit Claim Deed Lots 9, 10, 11, Block 18-A Highland Addition Block 60 Highland Addition Part of Lots 3 & 4, Block 2 Elliott Addition Lot 10, and Part of Lot 9 Block 2, Elliott Addition Combined total of values approved in this resolution 103,318.00 Section No. 2 The updated values of such properties 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 Quit Claim 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 the updated appraisals (rather than the original appraisals approved by the resolutions set out above) made by the independent real estate appraiser employed 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 4th DAY OF December 1973. L, I ii Or MAYOR ATTEST: Cityy C ler t .i r. 4 i t\ v 1 i i.) H I k 1 4 12N 1, '1 5. j t 03 \: i 1 4, ..,,,, y I l i A.., t3 tD t t. r 1. L.--- i ------ 1,i.,,,.- m C.) :24 f}•L..........._,,...,.f> cs t f R.0 I P :--.' 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