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Res 1304 5/16/1972RESOLUTION NO. / 74,/ WHEREAS, the following property was acquired by the City when it was acquiring right-of-way for the Old Seymour Road- Avenue K Extension, and said property is not needed for such right- of-way, to-wit: A part of Lot 16, Block 20, Westside Addition to Floral Heights Addition to the City of Wichita Falls, Texas, such tract being 1.39' x 150 ' x 43. 58' x 156.25 ' , also known as 2101 Arthur Street. WHEREAS, the City advertised the sale of such property to the general public on sealed bids; one bid in the amount of 327 .95 was submitted by Walter W. Martin, which bid exceeded the minimum bid specified by the City as being acceptable. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS , TEXAS, THAT: The bid of Walter W. Martin in the sum of $327.95 for the purchase of the above property is found to be a fair and reasonable price for such property, and such bid is hereby accepted, and the Mayor is authorized to execute and deliver to such bidder a deed conveying the above described property for the City of Wichita Falls . PASSED AND APPROVED THIS the 16th day of May, 1972 . M A Y O R r 47114'12k,1(14diele(V ATTEST: 1 y/4' City Clerk