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Res 1054 3/17/19703 - i 7_ 70 RESOLUTION NO. Aa .ry WHEREAS, it is necessary to acquire the property herein- after described for construction of the Kell Freeway, Project 52-071 under the 1967 Capital Improvements Program, and, WHEREAS, in Resolution No. 1036, passed and approved by the Board of Aldermen of the City of Wichita Falls on February 17, 1970, the appraised value of $5,760.00 was approved for the partial tak- ing of Lot 10, Block 5 of H.W. Spivey Addition and, WHEREAS, the appraised value for the whole taking of Lot 10, Block 5 of H.W. Spivey Addition is $6,850.00 and, WHEREAS, the owner of Lot 10, Block 5 of H.W. Spivey Addition desires to sell the entire parcel at the appraised value. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The appraised value of Lot 10, Block 5, H.W. Spivey Addition in the amount of $6,850.00 is hereby approved and the City Manager is hereby authorized to purchase, in the name of the City of Wichita Falls, by Warranty Deed, said Lot 10, Block 5 of H.W. Spivey Addition. The Mayor is authorized to transfer title to the Texas State Highway Department, by Warranty Deed, that portion of Lot 10, Block 5 of H.W. Spivey Addition required for right-of-way for the Kell Freeway Project. The Mayor is further authorized to sell, through competitive bidding, the remainder of Lot 10, Block 5, of H.W. Spivey Addition. PASSED AND APPROVED this the /74(./ day of C: tel_ 1970. r.....1Plitor-Z22471itegea MAYOR ATTEST: l`-c.G n 2• i.,l`»cam/ CITY CLERK