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Res 1020 1/6/1970J RESOLUTION NO. /D-d WHEREAS, it is necessary to acquire the property hereinafter described for construction of McNiel Street from Call Field Road North to the existing Street, and, WHEREAS, such property has been appraised by an independent real 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 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 ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: Section No. 1 The property to be purchased by Warranty Deed is as follows: McNiel Street Property Part of Block 14, Denton County School Land, A-58, League 1, Wichita County, Texas. Total value approved in this resolution 12,350.00 Section No. 2 The appraised value of such property is hereby approved and the City Manager is hereby authorized to purchase in the name of the City of Wichita Falls, by Warranty Deed, such tract of land as shown on the project right-of-way map. The authorized price to be paid for the tract is the value as determined from appraisal made by the independent real estate appraiser employed by the City of Wichita Falls. 2- Section No. 3 In the event the City Manager is unable to purchase such tract for such appraised 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 APPROVED this the 4t,t6day of 71: 7"..14&11/e0e."). - MAYOR ATTEST: City Clerk