Res 1078 5/19/1970RESOLUTION //40 71?
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 Highway Department agreed that they would share equally in the cost
of the right-of-way for this project; and,
WHEREAS, the whole of the parcel hereinafter described was acquired
and paid for, at the appraised value of $7,500.00 by the City of Wichita
Falls during the hardship phase of right-of-way acquisition.
WHEREAS, the Texas Highway Department has approved a value of
7,400.00 for the portion of the parcel that is required for right-of-way
for the Kell Freeway Project.
WHEREAS, the Texas Highway Department will reimburse the City in
an amount equal to fifty percent (50%) of the approved value of this parcel
as soon as a deed thereto from the City to the State of Texas has been de-
livered and recorded.
NOW,' THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF WICHITA FALLS, TEXAS, THAT;
The City Manager, 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 that portion required for right-of-way for the Kell
Project of the following tract or parcel of land situated in Wichita County,
Texas, to-wit: Parcel 464, all of 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 fity percent (50%) reimbursement of the value of Seven Thousand
Four Hundred ($7,400.00) 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 ingress and egress
to the surface thereof 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, therein, and thereunder. Such
deed shall contain a- general warranty.
The City Manager if further authorized to sell, through competitive
bidding, the remainder of parcel 464.
PASSED AND APPROVED THIS THE /f2 . DAY OF 32
1970.
MAYOR
ATTEST:
City lerk
Y