Res 0898 1/21/1969RESOLUTION NO. 898
WHEREAS, in accordance with the motion of the City
Council passed on January 7th, 1969, the City Manager has
negotiated a sale to Dr. George D. Ritchie of the northeast
quarter of Block 257 of the Original Town of Wichita Falls,
being further described as Lot 1 of the Replat of Lots 1
through 6 of said Block 257 .
WHEREAS, in consideration of Dr. Ritchie paying the
City of Wichita Falls the sum of $86,400 . and further
providing that Dr. Ritchie will sign an agreement with the
City of Wichita Falls, that he will use the subject property
by constructing an extended care unit on the property, if
such is economically feasible; if the construction of the
extended care unit is not economically feasible, Dr. Ritchie
will use the land in a manner which will be complementary
to the medical care of the area and which will enhance the
operation of the Wichita General Hospital.
WHEREAS, if no use has been made of this land within
two years from this date, then the above restriction on the
use of this land shall cease; however, before Dr. Ritchie can
make any other use of the property than the above mentioned,
the Wichita County-City of Wichita Falls, Texas Hospital Board
shall have the right to purchase this property from Dr. Ritchie,
so that they might use it as an extended care facility or put
it to use in a manner which will be complementary to the
medical care of the area.
WHEREAS, if the Hospital Board does not desire to purchase
the subject property then Dr. Ritchie may make what ever use of
the property as he so desires.
2 -
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The sale of such property to said Dr. George D. Ritchie
is hereby approved subject to the above restrictions and the
Mayor is hereby authorized to execute a deed of such property
to said Dr. George D. Ritchie.
PASSED AND APPROVED THIS THE 21ST DAY OF JANUARY, 1969.
MAYORAYOR
ATTEST:
CITY CLERK