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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested:December 9, 2013__ Appropriation <br />:Kathy Powell_ ______Source of Funds: __ __________ <br />Requested By <br />Finance_________________________Account Number:__ __ <br />Department: <br />_ _Resolution: _X__Ordinance: ___ _ Amount Budgeted: __ __________ <br />Report: <br />Exhibits: _Resolution_& Summary of Foreclosure_Amount Requested: __________________ <br />Exhibits: __Deeds Budgeted Item: (YES)NO <br />Exhibits: __Maps_____________________________ <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 <br />may sell the property at any time by public or private sale. The City of La Porte has had these <br />properties on the public resale list for more than an adequate amount of time and has received a <br />bid for the minimum bid amount set bythe judgmentor higher; at this time staffis <br />recommending thatthe City Council to pass a resolution to approve the sale of theseproperties <br />for the amount that has beenoffered. <br />P234 – Lots34 & 35 Block 68 Bayfront to La Porte – Offer $7,812.00 <br />(Adjudged Value $7,8120.00 Taxes+Cost $11,737.17) <br />P235 – Lot 40 Block 68 Bayfront to La Porte –Offer $3,800.00 <br />(Adjudged Value $3,800.00 Taxes+Cost $5,715.81) <br />P237 – Lots 2, 3, 4, 5 & 6 Block 719 Town of La Porte – Offer $4,400.00 <br /> (Adjudged Value $3,906.00 Taxes+Cost $6,548.47) <br />Action Required by Council: <br />Consider approval or other action of the Resolution authorizing the sale on the properties listed <br />above. <br />Approved for City Council Agenda <br />___________________________________________________________ <br />CorbyD.Alexander, City Manager Date <br /> <br />