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<br />Recommendation to Fiscal Affairs Committee <br /> <br />HCAD Account # <br /> <br />024-050-022-0003 <br /> <br />Resale P048 <br /> <br />Taxes + Costs <br /> <br />$16,512.84 <br />$22,915 <br /> <br />Adjudged Value <br /> <br />Offer Name: <br />Bid Amount: <br /> <br />John Shellington III <br />$15,000.00 <br /> <br />Recommendation: Approve <br />Reason: <br /> <br />x lonly if bidder increases <br />their offer to the Costs + Taxes <br />$16,512.84 <br />, <br /> <br />Reject <br />Reason: <br /> <br />Reviewed By: <br /> <br />Kathy Powell <br /> <br />At any time any jurisdiction that was party to the original tax suit can sell the property being held in trust <br />for the lesser of: the taxes + costs or the adjudged value set out in the tax suit. <br /> <br />4/17/2008 <br />