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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: September 13. 2010 <br /> <br />Appropriation <br /> <br />Requested By: Kathv Powell <br /> <br />Source of Funds: <br /> <br />Department: Finance <br /> <br />Account Number: <br /> <br />Report: <br /> <br />Resolution: X Ordinance: <br /> <br />Amount Budgeted: <br /> <br />Exhibits: Resolution <br /> <br />Amount Requested: <br /> <br />Exhibits: Deeds <br /> <br />t <br /> <br />Budgeted Item: <br /> <br />(YES) <br /> <br />NO <br /> <br />Exhibits: Maps <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />If a property is sold or struck off to a taxing unit that is party to the judgment, the taxing unit may sell the property at <br />any time by public or private sale. The City of La Porte has had these properties on our public resale list for more <br />than an adequate amount of time and has received bids for the minimum bid amount set by the judgment or higher; <br />at this time we are asking the city council to pass a resolution to approve the sale of these properties for the amount <br />that was offered. <br /> <br />P007 - Lot 5 Block 7 Pine Bluff - Offer $3,900.00 <br />(Adjudged Value $4,900.00 Taxes+Cost $3,808.32) <br />P067 - Lots 6 & 7 Block 46 Bayfront to La Porte - Offer $1,900.00 <br />(Adjudged Value $1,900.00 Taxes+Cost $4,164.48) <br />P114 - Lot 8 Block 294 Town of La Porte - Offer $5,500.00 <br />(Adjudged Value $5,000.00 Taxes+Cost $7,839.91) <br />P137 - Lot 15 & Tr 16 Block 349 Town of La Porte- Offer $7,500.00 <br />(Adjudged Value $7,500.00 Taxes+Cost $10,090.19) <br />P138 - South Yz ofTr 7 Block 50 Bayfront to La Porte - Offer $100.00 <br />(Adjudged Value $100.00 Taxes+Cost $3,116.20) <br />P145 - Lot 26 Block 182 Town of La Porte - Offer $7,370.00 <br />(Adjudged Value $7,370.00 Taxes+Cost $12,091.51) <br />P196 - Lot 42 & Tr 43 Block 24 (15ft of Lot 43) Bayfront to La Porte - Offer $4,400.00 <br />(Adjudged Value $15,100.00 Taxes+Cost $4,395.96) <br />P209 - Lots 1 - 3 Block 114 Town of La Porte - Offer $11,180.00 <br />(Adjudged Value $8,200.00 Taxes+Cost $17,204.57) <br /> <br />Action Required bv Council: <br /> <br /> <br />r approval of the Resolutions authorizing the sale on the properties listed above. <br /> <br /> <br />Date <br />