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Res 1059 4/13/1970RESOLIrr rON NO. _/C;(25-37 WHEREAS , it is necessary to acquire the property hereinafter described for construction of the listed projects in the 1967 Capital Improvements Program, and, WHEREAS, such property has been appraised by an independent: appraiser employed for this purpose by the City, and the amount of the appraisal has been studied by the Board of Aldermen, and copies of the appraisal 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 TIIE CITY OF WICHITA FALLS , TEXAS, THAT: Section No. 1 The projects and properties to be purchased by Warranty Deed are as follows: Old Seymour road--Project 52-076 Property An 86.803 Sq. Ft. tract of land out of Lot 1, Block 20, Westside Addition to Floral Heights Addition Total of appraisal approved in this resolution 550.00 Section No. 2 The appraised value of such property is hereby approved and the City Manager is hereby authorized to purchase, by Warranty Deed, such tract of land as shown on the project right-of-way map. The authorized price to be paid for such tract is the appraised value as determined by the independent real estate appraiser employed by the City. Section No. 3 In the event the City Manager is unable to purchase this 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 /4 day of 1.970. ATTEST: r` s1/ 4.1-4.° MAYOR City Clerk