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Res 1097 7/7/1970RESOLUTION NO. h 7 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 real- estate appraiser employed for this purpose by the City of Wichita Falls or the values determined in Conference with the property owners and the amount of the appraisal has been studied by the Board of Aldermen, and copies 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 THE CITY OF WICHITA FALLS, TEXAS, THAT: Section No. 1 The project and properties to be purchased by Warranty Deed are as follows: Midwestern Parkway, Project 52-074 Archer-Hamilton-Hampstead-Phase I) Property A 675. sq. ft. parcel out of an 18,625 sq. ft. tract as recorded in Vol. 1058, P. 590 of the Wichita County Deed Records A 350 sq. ft. parcel out of the J.A. Scott Survey No. 9, A-305 and also being out of the tract as recorded in Vol. 766, P. 359 of the Wichita County Deed Records A 639 sq. ft. parcel out of Block 7, Southmoor Addition and also being out of the tract as recorded in Vol. 326, P. 158 of the Wichita County Deed Records Combined total of values approved in this resolution 7,026 .00 Section No. 2 The values of such properties are hereby approved and the City Manager is hereby authorized to purchase in the name of the City of Wichita Falls , by Warranty Deed, such tracts of land as shown on the project right-of-way map. The authorized price to be paid for the tracts is the value as determined from the appraisal made by the indepen- dent real estate appraiser employed by the City of Wichita Falls or the values that have been determined in conference with the property owners. Section No. 3 In the event the City Manager is unable to purchase any such tract or tracts for such approved value, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tracts in the name of the City of Wichita Falls . 7-.6PASSEDANDAPPROVEDthisthe j day of 197d MAYOR ATTEST: A-4191-se. /- 4V,--72-4-of City Clerk