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Res 0996 10/21/1969r RESOLUTION NO. 997 WHEREAS, it is necessary to acquire the property hereinafter • described forton'struction of the listed projects in the 1967 Capital Improvements Program, and, WHEREAS, such property has been appraised by independent appraisers employed for this purpose by the City of Wichita Falls, and the amount of the appraisals has been studied by the Board of Aldermen, and copies are now in the possession of the Director of Public Works and/or Assistant City Manager. NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF ALDERIN OF THE CITY OF WICHITA FALLS , TEXAS, THAT: Section No. 1 The projects and properties to be purchased by Warranty Deed are as follows: North Beverly-Project 52-072 Property_ An 0.8561 acre tract being a part of the David Welch Survey, Abstract 324 and out of the tracts as recorded in Volume 439, Page 308 and Volume 347, Page 92, Deed Records of Wichita County, Texas An 0.4572 acre tract being a part of the David Welch Survey, Abstract 32.4 and out of the 2.5 acre tract as recorded in Vol. 413, page 368, Deed Records of Wichita County, Texas. Combined total of values approved in this resolution--.------$14,390.00 Section No. 2 The appraised values of such properties are hereby approved and the City Manager is hereby authorized to purchase in the name • of the City of Wichita Falls, by Warranty Deed , such tracts of land as shown on the project right-of-way map. The authorized price to be paid •• for each tract is the value as determined from appraisals made by the independent real estate appraisers employed by the City of Wichita Falls. 2 — Section No. 3 In the event the City Manager is unable to purchase and such tract or tracts for such appraised values , he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tracts in the name of the City of Wichita Falls. PASSED AND APPROVED this the p ,day of MAYOR ATTEST: CITY CL_s ZK