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R-78-158acquire the aforesaid property. * - x. ATTEST: JOIN LAND, i y Secretary RESOLUTION NO. 158R RESOLUTION WHEREAS the Council of the City of Round Rock, Texas has previously determined that certain property owned by Michael Bennett, et al is necessary for the widening of Highway R.M. 620, and WHEREAS the Council has previously authorized the City Man- ager to borrow up to $25,575.00 pursuant to Section 8.07 of the Home Rule Charter For The City of Round Rock, Texas, for the purpose of purchasing said property, and WHEREAS it was necessary to institute eminent domain pro- ceedings to acquire said property, and WHEREAS the Commissioners set the amount of compensation for the taking of the property at $30,000.00, and WHEREAS it is necessary to approve the borrowing of addi- tional funds in the amount of $4,425.00, NOW THEREFORE 'BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK That the City Manager be authorized to borrow an additional $4,425.00 to be used for the acquisition of the aforesaid property, such loan to be pursuant to Section 8.07 of the Home Rule Charter. AND BE IT FURTHER RESOLVED that the City Manager is directed to deposit said $30,000.00 with the District Court in order to ROBERT_G. GRIFFIT 'City o£ RoundRoc Mayor Pro -tem