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Res 443 2/27/1961RESOLUTION NO. l-__" 3 WHEREAS, the State of Texas has heretofore provided by law that Midwestern University shall become a state university on September 1, 1961, provided all the properties now comprising Midwestern University and Hardin Junior College are conveyed to the State of Texas free of debt by August 1, 1961, and WHEREAS, there is presently outstanding both revenue and mortgage bonds against said property, and WHEREAS, the transfer of Midwestern University to a state university is in the best interest of the citizens of Wichita Falls and the entire North Texas area, and WHEREAS, the Trustees of Wichita Falls Junior College District have called an election for March 1+, 1961, to determine whether the voters of the Wichita Falls Junior College District shall authorize the issuance of tax bonds to refund the outstanding indebtedness against the properties of Hardin Junior College and Midwestern Univer- sity, and SAS, the authorization of said bonds is necessary in order to both effect the transfer to the State of Texas, and to relieve some tax burden on the citizens in this area. NOWT, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OFTEECITYOFWICHITAFALLS, TEXAS; THAT, the bond election of March Li., 1961, and the program covered therein is endorsed b y oftheBoard Aldermen of the City ofWichitaFallsandallcitizensareurgedtosupportMidwesternUniversitybyvotingfortheissuanceofthesebonds. PASSED AND APPROVED this 7 day of t . c_c 1961. ATTEST: erne 4. •f . son, ayor s,y or