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Min 04/29/1958 241 Wichita Falls, Texas Memorial Auditorium Bldg. April 29, 1958 The Board of Aldermen of the City of Wic::ita Falls met in called session on the above date, in the Council Room of the Memorial Auditorium Bldg., at 11:00 o'clock A.M., with the following members present: K. C. Spell Mayor Bill G. Hale Stayton M. Bonner Milam J. Vaughan Aldermen Joe Bailey 11,ieissner Bill Thacker Geo. T. Henderson City Clerk H. A. Thomason City Manager J. Walter Friberg City Attorney Mayor K. C. Spell stated the purpose of this meeting to be the consideration of a compromise settlement of the law suit against the City for Weeks Park. After having heard the recommendation of Ernest Robertson, Special Cours6l for the City, in the suit, the following motion was made: Thacker Moved by Alderman MxJm that the Board of Aldermen does hereby accept the recommendation of its attorneys Friberg and Robertson and accept a compromise settlement of 017,500.00P payable as follows: 2500.00 now, and 5000.00 Oct. 1, 1958 ' 5000.00 " 1, 1959 and 5000.00 " 1, 1960, with 3% interest annually; further, to authorize the City's attorneys to prepare such document, or documents or papers as may be necessary to perfect the above settlement, and further, to authorize and empower the City Manager, or Mayor K. C. Spell to execute for and on behalf of the City of Wichita Falls any and all instruments as may be required. Motion seconded by Alderman Hale and carried. Moved by Alderman Thacker that the meeting be adjourned. Motion seconded by Alderman Hale and carried. The Board of Aldermen then adjourned. APPROVED this the day of , 1958. Yo ATT _J ity Clerk