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Res 1179 5/4/1971RESOLUTION NO. //,/ 77 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 independent apprais- ers employed for this purpose by the Texas Sate Highway Department, and the amount of the state approved value, as determined from the appraisals, has been studied by the Board of Aldermen, and a copy 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 War- ranty Deed is as follows: North Beverly-Project 52-072 Warranty Deed 0.0374 acre out of David Welch Survey, Abs. 324, Vol. 317, P.600 & Vol. 340,Pg 640, Deed Records of Wichita County. The total value approved in this resolution 70.00 Section No. 2 The value of such property is hereby approved and the City Manager is hereby authorized to purchase in the name of the Texas State Highway Department, by Warranty Deed, the tract of land as shown on the project right-of-way map. The authorized price to be paid for this tract is the state approved value as determined from appraisals made by the inde- pendent real estate appraisers employed by the Texas State Highway Department. Section No. 3 In the event the City Manager is unable to purchase this tract for such approved value, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain this tract in the name of the Texas State Highway Department. PASSED AND APPROVED THIS THE DAY OF ,a',17 1971. Mayor ATTEST: AZ-el--)--fr-1,4 --A' (71-47'4-W.2 City Clerk