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Res 126-2015 12/15/2015Resolution No. 126-2015_ Resolution declaring the City owned property located at 507 Eighth Street, Wichita Falls, Wichita County, Texas as excess real property and authorizing permission to sell the property to the adjacent property owner, Tucker Resources, Inc., for $1,000.00 WHEREAS, the City owns excess property located at 507 Eighth Street that staff has determined is excess and no longer necessary for City operations; desires to sell said property to the adjacent property owner to eliminate maintenance and place it back on the property tax roll; and, WHEREAS in accordance with TEXAS GOVERNMENT CODE§272.001 (b) (1) the City can sell an irregular shaped parcel of property to the adjacent property owner for less than the fair market value and without advertising to the general public; and WHEREAS, the City Council of the City of Wichita Falls, Texas, deems it reasonable to authorize the sale of the property located at 507 Eighth Street; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The property located at 507 Eighth Street and more specifically depicted in the attached Aerial Map and Location Map may be sold to Tucker Resources, Inc. for $1,000.00 PASSED AND APPROVED this the 15th day of December, 2015. ______________________________ M A Y O R ATTEST: ____________________ City Clerk 507 Ohio Street From Alley From 8th St. AERIAL MAP – 507 Eighth Street LOCATION MAP 507 Ohio