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<br />e <br /> <br />e <br /> <br />Recommendation to Audit Committee <br /> <br />HCAD Account # <br /> <br />100:-523-000-.0006 <br />$37,213.15 <br />$56,000 <br /> <br />Resale P086 <br /> <br />Taxes + Costs <br /> <br />Adjudged Value <br /> <br />Offer Name: <br />Bid Amount: <br /> <br />John Slaughter & Michael Day <br />$1,000.00 <br /> <br />Recommendation:. Approve <br />Reason: <br /> <br />x ~ Bid is not sufficient to cover the costs associated' <br />the judgment nor equal to the adjudged value. <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 />7/21/2004. <br />