My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
R-2001-17
LaPorte
>
Legislative Records
>
Resolutions - GR1000-05 Ordinances & Resolutions
>
2000's
>
2001
>
R-2001-17
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/2/2016 3:48:38 PM
Creation date
7/27/2006 2:07:28 PM
Metadata
Fields
Template:
Legislative Records
Legislative Type
Resolution
Legislative No.
R-2001-17
Date
11/12/2001
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
7
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />. . <br /> <br />- <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: November 12 2001 <br /> <br /> <br />Aoorooriation <br /> <br />Requested By: C thia Alexander Director of Financ <br /> <br />Source of Funds: <br /> <br />036 <br /> <br />Department: FINANCErr AX <br /> <br />Account Number: 5014 <br /> <br />Report: <br /> <br />Resolution: XX Ordinance: <br /> <br />Amount Budgeted: 530.000 <br /> <br />Amount Requested: 513.800 <br /> <br />Exhibits: <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The La Porte Tax Office is Trustee for the City of La Porte, the La Porte Independent School District and Harris <br />County for several tax properties where title to the property has reverted to the taxing entities because the previous <br />property owner did not pay taxes on the property, they were offered for public bid via a .Sheriffs Sale- and no one <br />purchased them. <br /> <br />The La Porte Tax Office actively markets these resale properties. When a bid is received that is greater than either <br />the amount due on the property or the HCAD appraised value, the Tax Office is able to complete the sale. If a bid is <br />received that is less than either the amount due or the HCAD appraised value, then the sale requires the approval of <br />all three taxing entities. <br /> <br />Tonight, we are bringing five lots before you for your consideration. In this case, the bid amount is equal to the <br />appraised value. We are recommending the City Council approve all the purchase of these five lots by the City. <br /> <br />Offer from the City of La Porte for Lots 8-12 Block 88 Town of La Porte <br /> <br />Bid Amount <br />Appraised Value <br />Approximate Amount Due <br /> <br />$13,800 <br />$13,800 <br />$18,860 <br /> <br />Bid Amount is 100% of the Appraised Value. <br /> <br />All five of the lots were presented to the Finance/Audit Committee for their approval. They agreed with staffs <br />recommendation for purchase by the City. <br /> <br />Action Required bv Council: <br /> <br />Approve or disapprove Resolution approving the purchase of tax resale properties by the City of La Porte. <br /> <br />Approved for City Council A2enda <br /> <br />Q~ T. ~~ <br /> <br />Robert T. Herrera, City Manager <br /> <br />\1-'6- 0\ <br />Date <br />
The URL can be used to link to this page
Your browser does not support the video tag.