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Res 1123 10/20/1970REi'' NUTT( N NO. /20 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 an independent r•e, 1 estate appraiser employed for this purpose by the City of Wichita Falls and the amount of the appraisal has been studied by the Board of Aldermen, and a copy of the appraisal is 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: Harding Street Drainage--Protect 52-085 Property Lot 13, J.G. Lane Suh-Division, Vol. 982 Page 588, Wichita County Deed Records. Total value approved in this resolution 500.00 Section No. 2 The value of such property is hereby approved and the City Manager is hereby authorized to purchase by Warranty Deed the tract of land as shown on the project right-of-way map. The authorized price to be paid for such tract is the value as determined by the independent real estate appraiser employed by the City of Wichita Falls. Section No. 3 In the event the City Manager is unable to purchase the tract for such value, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tract in the name of the City of Wichita Falls. PASSED AND APPROVi:t) this the t LLi Day of 1970. ATTEST: MAYOR City Clerk