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Res 0921 3/18/1969RESOLUTION NO.9;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 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 CITY OF WICHITA FALLS, TEXAS, THAT: Section No. 1 The projects and properties are as follows: Midwestern Parkway, Project 52-074 Archer-Hamilton-Hampstead) Property Part of Lot 2, Block 1, Park Place Re-subdivision. Part of Lots 3, 4, & 25' of Lot 5, Block 1, Park Place Re-subdivision. Part of Lot 2, Block 2, Park Place Re-subdivision. Part of Lot 3, Block 2, Park Place Re-subdivision. Part of Lot 4, Block 2, Park Place Re-subdivision. Part of Lot 5, Block 2, Park Place Re-subdivision. Combined total of new appraisals approved in this resolution 2,655.00 Section No. 2 The appraised value of such properties are hereby approved and the City Manager is hereby authorized to purchase, by Warranty Deed, such tracts of land as shown on the project right-of-way map. The authorized price to be paid for each tract is the appraised valued as determined by the independent real estate appraiser employed by the City. 2 - Section No. 3 In the event the City Manager is unable to purchase any such tract or tracts for such appraised values, he is hereby authorized and directed to cause to be instituted condemnation proceedings to obtain such tracts. PASSED AND APPROVED this the 18th day of March , 1969. MAYOR ATTEST: City Clerk