1585 RES TX HIGHWAY DEPT IS CONSTRUCTING AND RECONSTRUCTING FM HIGHWAY NO 137

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RESOLUTION NO. 1585 . WHEREAS, the Texas Highway Department is constructing and reconstructing F. M. Highway No. 137 from Loop Highway No. 286 in Paris to 0. 9 Mi. North; and, WHEREAS, on or about May 28, 1971, certain proposed right- of -way deeds and easements were forwarded to the City of Paris by said Texas Highway Department with the request that the City of Paris acquire and clear at its cost the right-of-way described in said proposed deeds and easements; and, WHEREAS, the City of Paris has determined that the right- of -way designated as Parcels No. 2 and 4 of the above designated deeds and easements were owned by Babcock and Wilcox Company; and, WHEREAS, said Babcock and Wilcox Company proposes to exchange l. 596 acres of the right -of -way acquired for the new construction for the 2. 198 acres of existing right-of-way shown as Exhibit "A" attached hereto and made a part hereof which is to be made surplus by such construction; and, WHEREAS, the City of Paris has determined that said pro- posed exchange of l. 596 acres of new right-of-way land for 2. 198 acres of existing right-of-way land when surplus requires no owelty from any party; that Babcock and Wilcox Company are the sole ad- joining owner of said 2. 198 acres of existing right-of-way and otherwise complies with Vernon's Annotated Civil Statutes, Article 6673a; and, that upon the construction and reconstruction of F. M. Highway No. 137 and its opening to the traveling public, said 2. 198 acres of existing right -of -way will no longer be needed for the use of citizens as a road; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, That the Texas Highway Department, through and by the Texas Highway Commission, recommend for approval of the Attorney General's Office and the Governor of Texas for the ex- change, without owelty, of 2. 198 acres of existing right -of -way, when surplus, for the conveyance by Babcock and Wilcox Company to the State of Texas of 1. 596 acres of new right-of-way on and for F. M. Highway No. 137, in the City of Paris, Lamar County, Texas; and said delayed conveyance to be for the State's interest in 2. 198 acres of surplus right-of-way to Babcock and Wilcox Company. Passed and adopted this lOth day of December, 1973. . . Mallory, II, Mayor ATTEST: H. C. Gr ne, City Clerk FORM: APPROV Dool S.-, m~ T. K. ay es, ity Attorney