Res 1064 4/13/1970RESOLUTION NO. 4945'/
WHEREAS, the City of Wichita Falls and the Texas; Highway Department
are co-operating in the construction of Kell Freeway, Project 52-071, under
the 1967 Capital Improvements Program of the City of Wichita Falls ; and,
WHEREAS, by contract signed January 31st, 1968, the City and the
Texas Highwa; Department agreed that they would share equally in the cost
of the right-of-way for this project; and ,
WHEREAS, the parcel hereinafter described is owned by the City of
Wichita Falls and it has been appraised by appraisers employed by the Texas
Highway Department; the Texas Highway Department has approved the appraised
value of such parcel which is required for right-of-way for this project;
and,
WHEREAS, the Texas Highway Department will pay the City an amount
equal to fifty percent (5070 of the total appraised value of this parcel
required for right-of-way as soon as a deed thereto from the City to the
State of Texas has been delivered and recorded.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN Of THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The Mayor, acting for and in behalf of the City of Wichita Falls,
is hereby authorized and directed to execute a deed conveying unto the
State of Texas the following tract or parcel of land situated in Wichita
County, Texas , to-wit: Parcel 642 which is specifically described in the
records of this project on file in the offices of the Department of Public
Works in the City of Wichita Falls. The consideration for such deed shall
be the sum of fifty percent (507) reimbursement of the value of Eighteen
Hundred Fifty Eight ($1,858.00) Dollars for the said property under the
terms of the above mentioned contract. Such deed shall reserve all of the
oil, gas , and sulphur under the land conveyed, but waive all rights of
r
ingress and egress to the surface th- reof for the purpose of exploring,
developing, mining, or drilling for same; however, the State shall have
the right to take and use all other minerals and materials thereon, 11 ,
and thereunder. Such deed shall contain a general warranty.
PASSED AND APPROVED THIS THE T//' DAY OF
19
MAYOR
ATTEST:
City Clerk
iL