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HomeMy WebLinkAboutR-2017-08 Authorizing the Resale of Tax Delinquent Property RESOLUTION 2017- 08 . RESOLUTION AUTHORIZING THE RESALE OF CERTAIN PROPERTY WHEREAS the City of La Porte(City),in the course of its function as a taxing entity in the State of Texas, obtains title to real property in the capacity as Trustee for itself and other taxing units that tax the property; and WHEREAS it is necessary for various reasons that some of the property so obtained must be resold by the taxing units for less than the aggregate amounts of taxes,penalties,interest and costs;and WHEREAS Section 34.05 of the Texas Property Tax Code requires that when real property is sold for less than the aggregate amount of taxes, penalties, interest and costs, the sale must be approved by all taxing units that tax the property;and WHEREAS the City has adopted procedures designed to provide all parties the opportunity to submit offers to purchase such real property and to secure the best offer for such property that is sufficient to pay at least the costs of suit and sale of such property;and WHEREAS it is desirable that resale of the property be free and clear of all claims of the taxing units,for all taxes,penalties interest and costs that have accrued up to the date of resale BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, Section 1.That the City of La Porte,as Trustee,resells the real properties described in the attached Exhibit "A", for the amounts set for on said Exhibit"A", in full satisfaction of taxes, penalties, interest and costs that have accrued on the property up to the date of sale. Section 2. That the City Council officially fmds, determines,recites and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the offices of City of La Porte for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this resolution and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies,approves and confirms such written notice and the contents and posting thereof. PASSED AND APPROVED this the 12th day of June 2017. CITY OF LA PO 41, Louis ' . ' gby,Ma A' ST: Patrice Fogarty,C'Y+ecre .1 EXHIBIT A TAX RESALE PROPERTY TO BE SOLD TRACT 1: Resale Property 2012-55685 Legal Description:LT 142 BLK 12, SPENWICK PLACE SEC 2 HCAD#084-291-000-0142 Offer Amount: $10,041.78 il