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<br />e <br /> <br />'e <br /> <br />Recommendation to Audit Committee <br /> <br />HCAD Account # . 021..215-001-0017 <br /> <br />Resale P136 <br /> <br />Taxes + Costs <br /> <br />$20,000.00 <br />$25,000 <br /> <br />Adjudged Value <br /> <br />Offer Name: <br />Bid Amount: <br /> <br />Bayou Housing Partners, Inc' <br />$20,000.00 <br /> <br />Recommendation: Approve <br />Reason: <br /> <br />X IBid is sufficient to cover the costs associated with <br />the judgment. <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 adjudg~d value set out in the tax suit. <br /> <br />7/21/2004 <br />