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REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br /> <br />Agenda Date Requested: February 25, 2019 _ Appropriation <br />Requested By: Shelley Wolny _ __ ___ Source of Funds: __ __________ <br />Department: Finance_________________________ Account Number: __ __ <br />Report: _ _ Resolution: _X__Ordinance: ___ _ Amount Budgeted: __ __________ <br />Exhibits: _Resale 2014-20398 Reso. 2019-02, _ Amount Requested: __________________ <br />Exhibits: _Deed, Analysis, Bid, & Map Budgeted Item: (YES) NO <br />Exhibits: _ <br /> <br />SUMMARY & RECOMMENDATION <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 any time by public <br />or private sale. The City of La Porte has had the property located at 316 N. Dr. Martin Luther King, Jr. Drive on the public resale list <br />since 2015 and has received a minimum bid from BP Coastal Builders in the amount of $16,450, which includes judgement value plus <br />costs and postjudgement taxes. The property is vacant. At this time, staff is asking the City Council to adopt a resolution to approve <br />the sale of the property listed below for the amount that has been offered. <br /> <br />2014-20398 Lots 9 and 10, Block 80, City of La Porte Offer $16,450 (cost + taxes) <br /> <br />Action Required by Council: <br /> <br />Consider approval of Resolution 2019-02 authorizing the sale on the property listed above. <br />Approved for City Council Agenda <br />____________________________________ _______________________ <br />Corby D. Alexander, City Manager Date <br /> <br />