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HomeMy WebLinkAboutR-2003-30 authorize relase of tax properties to Bayou Housing Partners/509 N 3rd Street .. e e RESOLUTION o3-3b RESOLUTION AUTHORIZING THE RESALE OF CERTAIN PROPERTY TO BAYOU HOUSING PARTNERS 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 35.05 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, resell the real property 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, subject to the approval of such resale's by official action by the governing bodies ofthe La Porte Independent School District and Harris County. Section 2. That the City Council officially finds, detennines, 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 8th day of December 2003. CITY ~RTE. TEXAS ~~/~ Norman talone, Mayor ATIEST: ~~i;~ ~~ Knox Askins, City Attorney . e . EXHIBIT A TAX RESALE PROPERTY TO BE SOLD TO BAYOU HOUSTING PARTNERS FOR A TOTAL AMOUNT OF $5,000.00 (FIVE THOUSAND DOLLARS). TRACf 1: LOTS 23 & 24 BLOCK 105 TOWN OF LA PORTE TO THE MAP OR PLAT THEREOF RECORDED IN THE MAP RECORDS OF HARRIS COUNTY, TEXAS, AND COMMONLY KNOWN AS 513 N THIRD STREET, LA PORTE, TEXAS 77571. -'MMARY OF FORECLOSURE ACTIVITY e HCAD ACCOUNT NO: CAUSE NO: PLAINTIFF(S): JUDGMENT AGAINST: JUDGMENT DATE: ORDER OF SALE: DEED RECORDED DATE: CONSTABLE: PROPERTY ADDRESS: LEGAL DESCRIPTION: 023-217-005-0020 Property Struck off for: 1991-31131 City of La Porte & La Porte Independent School District Scott, Claude L December 16, 1992 STRUCK OFF DATE: December 2, 1997 STRUCK OFF TO: City of La Porte Bill Bailey, Constable Precint No 8 509 North Third Street Lots 21 & 22 Block 105 La Porte ADJUDGED VALUE ( IN JUDGMENT): SQUARE FOOTAGE: $14,600.00 6,250 SUMMARY OF SALE ACTIVITY BIDDER: Bayou Housing Partners AMOUNT OF BID: $5,000.00 AMOUNT OF DEPOSIT: $500.00 AMOUNT DUE: $4,500.00 BIDDER'S ADDRESS: PO Box 1365 Houston, TX 77251 PRORATED PERCENTAGED OF TAXES DUE TO EACH JURISDICTION BASED UPON JUDGMENT BIDDER'S PHONE NO: 281-648-2425 COUNTY, ET JUDGMENT TO AL. % SCHOOL % CITY % TOTAL AMOUNT DUE $3,332.54 28.49% $5,406.66 46.22% $2,959.46 25.30% $11,698.66 ASSOCIATED COSTS ON ORIGINAL AND SEALED BID SALES CONSTABLE! ESTIMATED AMOUNT AMOUNT OF COURT PUBLICATION FEE AD LITEM RESEARCH FEE & TO BE PRORATED TO BID COST (TISm FEE DEED RECORDING FEE TAXES $5,000.00 $50.00 $175.00 $667.40 $250.00 $3,857.60 PRORATED TAX AMOUNTS TO EACH JURISDICTION OWED TO COUNTY % SCHOOL % CITY % TOTAL PRORATED AMOUNT $1,098.90 28.49% $1,782.83 46.22% $975.87 25.30% $3,857.60 Amount of Bid: Costs: -District Clerk -Tax Master -Constable Fee -Publication -Abstract Fee -Cost -Lien Taxing Jurisdictions: City of La Porte La Porte ISD Harris County San Jacinto CCD State ofTexas Costs + Taxes $13,141.06 Adjudged Value $ 14,600.00 $5,000.00 Total: $0.00 $50.00 $0.00 $175.00 $250.00 $300.00 $667.40 $3,557.60 Amount in Judgment: $2,959.46 $5,406.66 $3,332.54 $0.00 $0.00 $11,698.66 % 25.30% 46.22% 28.49% 0.00% 0.00% 100.00% Amount Received $899.98 $1,644.18 $1,013.44 $0.00 $0.00 $3,557.60 S009 I( ~f ~/ / }(p r ~{~~ (Xt~~'11 (ft e e Bayou Housing Partners . PO Box 1365 Houston, TX 77251 , Ph#(281) 648-2425 Fax #(281) 648-2462 rDJ ~_~_~J w ~ ~i i l1lJ I SEP 3 0 2D03 !i_!~.,! ! I : I L __._._.___._1 I ASS T. CIT;' V:'. ~ :. .', n. ':"( , . ,'. I .....J September 29, 2003 John 10ems Assistant City Manager City of La Porte 604 W. Fairmont Parkway La Porte, TX 77571 Dear 10hn, Thank you for your letter of September 9th. There is some confusion I hope to clear up. In regard to P129, Lot 29, Block 83 and P134, Lots 26, 27 & 28, Block 83, your letter talks of back taxes and liens and adjudged value. Some of that I understand and other parts I am not as clear on. What I thought we had an understanding of is your letter of August 8th, which lists PI29 for $2,500, and P134 for $7,500. In accordance with your letter, we have offered to the City $2,500 and $7,500 respectively. The offers accompanied our August 28th correspondence. I am hoping that staff is recommending to the Audit Committee to these tracks be sold for $2,500 and $7,500 respectively not the $3,500 and $11,300 you talked about in you correspondence of September 9th. ' In regard t~Lots II & 12, Block 84, we have filed our request to have it rezoned with Nick Fman. If our re-zoning efforts are successful we certainly are interesting in moving forward in purchasing P133. Yv-} ,( ___--.--j(;.I" ~if In regard to .S007, S008 and S009, we are waiting and hoping tha . ~~. 6Te 0 ell R?~ )r these lots for $2,500 per lot and/or $5,000 per building site. ~ P130 P136 ill being offered for sale at $7,500 and $20,000 respectively? This ce of $2,500 per lot. We are requesting that you ask the appropriate decision makers for abatement of or assistance with permit fees, water meters, sewer connections, culverts and any other tv...-.-----constnrclioYfaSsistance wiUiTil-you means:-WeareasKing for lliis aSSIstance with not ---.----- .-..- -------- ----, .,~~tt only lots we purchase from the city but also lots we purchase privately within the North v' (' ~ Side Area. If you think it is appropriate getting approval from the Audit Committee, ) or\.. 0 please put our request if front of them. If it is appropriate, we would be willing to attend (f\ . Joe.r.... Jp1lJ . e the Audit Committee meeting, in case they have any questions for us or about our request. In a related issue, we have a number oflots under contract between Blocks 106 and Block 107. Second Street separates the two blocks; our contracts are contingent upon the City improving Second Street. You had mentioned this was a possibility. What needs to happen for the City to improve Second Street? What kind of time frame would we be talking about? Sinc~~ JCV&:; Executive Director - ~ I . Account Nu Address Owner Name Advanced Account Number Address Owner Name Real Property Account HCAD Account # : 0232170050020 Tax Year: 12~~.El Owner Name : CITY OF LAPORTE Ownership History... Owner Address: CAUSE #91-31131 PO BOX 1115 LA PORTE TX 77572-1115 Property Address: 509 N 3RD ST LA PORTE TX 77571 Legal Description: LTS 21 & 22 BLK 105 LA PORTE State,Class Code: Xl -- Governmental Exempt Homestead Exemption : E -- Total Exemption Special Exemption: -- Disabled Veteran Exemption(s) : -- Jurisdiction Codes: 020 040 047 071 Overlapping/Shared CAD : No Capped Account: No Notice Date : ARB Approved: 8/4/2000 Value Status : All Values Certified Your taxes will be based on Appraised Value, less applicable exemptions, if any. Use market value for comparison with your neighbors. The appraised value below will reflect the homestead cap if applicable. Valuation : TY2000 Land: Improvement: Ag/Tmbr/Spc : Total Value : Previous o o o o Change o o o o Appraised Value o o o o Market Value o 5-Year Value History... Home Records Maps Forms HeAD Info Links News Note: For any problems or questions with any account, please email us with the account number (if you have it) and the nature of the problem or question. : , .. REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: December 8. 2003 Appropriation Requested By: Cynthia Alnander Source of Funds: N/A Department: Finanl"e Account Number: Report: Resolution: XX Ordinance: Amount Budgeted: Exhibits: HCAD Map Amount Requested: Exhibits: Property Offer Budgeted Item: YES NO HCAD Appraisal Record Exhibits: SUMMARY & RECOMMENDATION On December 2, 1997, property located at 509 N Third Street was offered for public bid via a "Sheriffs Sale". This property was offered because the property owner had not paid taxes on the property for several years. When no one bid on the property, the title to the property reverted to the La Porte Tax Office as Trustee for the City of La Porte, the La Porte Independent School District and Harris Cmmty. The property comprises 2 city lots and is approximately 50' by 125', or 6,250 square feet. The property also contained an abandoned house, which was removed by the city on July 29, 1999. The La Porte Tax Office received an offer from Bayou Housing Partners in the amount of $5,000, which is the value of a typical lot in this area. The property is on the Harris County Appraisal District Roll with an appraised value of $14,600. Delinquent Taxes and costs on the property total approximately $13,141 (12 years worth). Since the offer received for the resale is less than either of these values, it requires approval by each of the three taxing entities before the resale can take place. If all three entities approve, the sale will occur with each entity receiving its pro-rata share of the tax distribution. Even though we are reselling this property for less than is due on the property, staff believes the absorption of the loss is necessary to get the property into the hands of a owner who has the intentions to rebuild, care for and maintain the property as well as pay taxes on it in the future. ACTION REQUIRED BY COUNCn..: Approve resolution authorizing the resale of the tax properties to Bayou Housing Partners. FUND N/A ACCT NUM: FUNDS AVAILABLE fJ -3-~3 DATE