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Res 1089 6/2/19706 RESOLUTION NO. /O4 9 7 O2 —7O WHEREAS, it is necessary to acquire the property hereinafter described for construction of the listed project 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 is now in the possession of the Director of Public Works. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE r CITY OF WICHITA FALLS, TEXAS, THAT: Section No. 1 The project and property are as follows Old Seymour Road, Project 52-076 Old Seymour Road-Avenue K) Property Part of Lot 1, Block 43-A, Highland Addition as described in Volume 518 Page 235 of Deed Records of Wichita County, Texas The total of appraisal approved in this resolution 6,500.00 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 deter- mined by the independent real estate appraiser employed by the City. 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. O rfPASSEDANDAPPROVEDTHISTHEZe- DAY OF A,trvz.-e_.../1970. MAYOR ATTEST: City Clerk