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Home My WebLink AboutR-2004-01 authorize resale of certain property to Bayou Housing Partners e e RESOLUTION 04- Of 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 of the La Porte Independent School District and Harris County. Section 2. That the City Council officially finds, 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 26th day of January 2004. '1r;T: ~b~ Martha Gillett, City Secretary . e EXHIBIT A TAX RESALE PROPERTY TO BE SOLD TO BAYOU HOUSTING PARTNERS FOR A TOTAL AMOUNT OF $5,000.00 (FIVE THOUSAND DOLLARS). TRACT 1: LOTS 11 & 12 BLOCK 84 TOWN OF LA PORTE TO THE MAP OR PLAT THEREOF RECORDED IN THE MAP RECORDS OF HARRIS COUNTY, TEXAS, AND COMMONLY KNOWN AS 310 N FIRST STREET, LA PORTE, TEXAS 77571. HCAD ACCOUNT NO: CAUSE NO: PLAINTIFF(S): JUDGMENT AGAINST: JUDGMENT DATE: ORDER OF SALE: DEED RECORDED DATE: CONSTABLE: PROPERTY ADDRESS: LEGAL DESCRIPTION: .MMARY OF FORECLOSURE ACTIVITY e 023-206-084-0011 Property Struck off for: Taxes 2000-41174 City of La Porte & La Porte Independent School District Tyler, Cora & Heirs March 5, 2001 STRUCK OFF DATE: July 3, 2001 May 17, 2001 July 19,2001 STRUCK OFF TO: City of La Porte Bill Bailey, Constable Precint No 8 310 North First Street Lots 11 & 12 Block 84 La Porte ADJUDGED VALUE ( IN JUDGMENT): SQUARE FOOTAGE: $11,300.00 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 BIDDER'S PHONE NO: 281-648-2425 PRORATED PERCENTAGED OF TAXES DUE TO EACH JURISDICTION BASED UPON JUDGMENT COUNTY, ET JUDGMENT TO AL. % SCHOOL % CITY % TOTAL AMOUNT DUE $865.63 26.33% $1,782.07 54.20% $640.32 19.47% $3,288.02 CONSTABLE! ESTIMATED AMOUNT AMOUNT OF COURT PUBLICA TIONFEE AD LITEM RESEARCH FEE & TO BE PRORATED TO BID COST (TISD) FEE DEED RECORDING FEE TAXES $5,000.00 $896.00 $175.00 $750.00 $0.00 $3,179.00 ASSOCIATED COSTS ON ORIGINAL AND SEALED BID SALES PRORATED TAX AMOUNTS TO EACH JURISDICTION OWED TO COUNTY % SCHOOL % CITY % TOTAL PRORATED AMOUNT $836.93 26.33% $1,722.98 54.20% $619.09 19.47% $3,179.00 Total: $5,000.00 $846.00 $50.00 Michael Landrum $0.00 $175.00 $0.00 $2,183.75 Removal of building 12123/02 $750.00 Angela Aaron $995.25 Amount of Bid: Costs: -District Clerk -Tax Master -Liens -Publication -Abstract Fee -Cost -Ad Litem Fee Taxing Jurisdictions: City of La Porte La Porte ISD Harris County San Jacinto CCD State of Texas Amount In Judgment: $640.32 $1,782.07 $725.46 $140.17 $0.00 $3,288.02 % 19.47% 54.20% 22.06% 4.26% 0.00% 100.00% Amount Received $193.82 $539.41 $219.59 $42.43 $0.00 $995.25 Costs + Taxes $7,292.77 Adjudged Value $ 11,300.00 P133 HeAD: Appraisal Record Detail . Page 1 of2 e Real: Account Number Address Owner Name Advanced Personal: Account Number Address Owner Name Advanced Real Property Account HCAD Account # : 0232060840011 Owner Name : TYLER WALTER Owner Address: 310 N iST ST LA PORTE TX 77571-3406 Property Address : 310 N 1ST ST LA PORTE TX 77571 Tax Year: 1.~_Q~)_EJ Ownership History... Legal Description: LTS 11 It 12 BLK 84 LA PORTE State Class Code : Cl -- Real, Vacant Lots/Tracts Homestead Exemption : -- Special Exemption : -- Jurisdiction Codes: 020 040 047 071 Overlapping/Shared CAD : No Capped Account: No Notice Date: 04/27/01 ARB Approved: 08/10/01 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. Valuation: TY2001 Land: Improvement : AgjTmbr/Spc : Total Value : Previous 5,000 6,300 o 11,300 Chanae o -6,300 o -6,300 4-Year Value History... (Homestead Cap) Appraised Value 5,000 o o 5,000 Market Value 5,000 R~iate~:"M'aps ., m.. Note: Year 2001 (current year) values are stIli prelImInary and not all values are available. They are subject to change as a result of protests, corrections, and ARB review. Values should be final by late summer. Also, if a preliminary value has yet to be determined, values for the current year will http://www.hcad.orglcgi-bin/AV/ A VDetail.asp?taxyear=2001&acct=0232060840011 12110/2001 MR430I03 Customer ID . . . : Last statement . . Last invoice . . Current balance . : Pending . . . . . Charge code Transaction date . . . Quantity. .. Original amount . . . . Amount unpaid . . . . . Aging control . . . . . Posting priority . . . Reference number . . . Original billing date Description . . . . . . : Comment . . . . . . . . . CITY OF LA PORTE ~ellaneous Receivables In~ry 268 Name: TYLER, E/LP B 83 L 26-28 12/23/02 Addr: 023 205 083 0026 0/00/00 LA PORTE B 83 L 26-28 3,583.75 HOUSTON, TX 77018 .00 A ACTIVE MOWING/DEMOLITION LM01 090 10/01/96 1.00 2,183.75 2,183.75 OVER 90 DY 50 10/01/96 LOT MOWING/MOWING CHGS BALANCE FORWARD 10/01/96 N Invoice this charge . . : Press Enter to. continue. F3=Exit F5=M1sc Infor.mation 1/14/04 16:26:48 F12=Cancel F15=Charge/Payment Relationship STREET ~ ~ ~ t\ ~ iot '2 :::. ~ - - aU ~ ~l=~~==~ IT" ... 112- -,~ - - ~ ,~- - - - ~'I I~ 3Q;iQ _ !II !E_____!1 ~6 12~ =, 625405 g2-'._~ -'fl... ~- -~- - ;: ~- oS- - - ~ ,1jJ_ _ _ _ _ ~ IB III i7-~;'--= 121 oJ Z ~ 23 "' _ ~o. _ ~ ga___u!I ~1_ _ _ _ _ !I 120 --!!!-.~, t9 = iB- 361- - = _ _-0017- - - 17 125 = II Scale 1" = 200' PUBLICATION DATE: AUBU&121,2001 w+. 5 N o , EAST ~-~--~ ~1_____'!I ~_.;m9- - ~ 29 125 ~ gB- - - - - !:! fa 217 III _ _.Q02i- - - 26 =, 25-,~--= Z4 .Q020 II 23 -ow- !ol ~ 125 III 21 207 III - - -0037- - 20 126 Ie STREET ST ADAMS ~32 lZb ~ ~31- ~-5- --= . _ _.ci&io - - ~ 126 -!1 Igtl.;Q0211_ _ !II 328 126 ---! ~g'7~5- - ~ ~26 =1 ~25,~-" ~g4--<11l _ _ ~ ~23 125 ~ 192_& _ !I ~21 12& =1 020 III; ~ _ _.Q019.. _ ~I ~~~ IlB--0041- _ !I 117 I~~ Ill' ~ I' -- - - 1ft i:21 --00 iookJ. _ -;"1 ~i9 -- - - - ~ltI' m, I"" N ~ STREET f- CI) - ::c f- 0:: o 5'I'REET ~ 125 "" ~ "" ::! "' N -~ ~ lot:!: 1~! l&ll 9 ~ FACET 6254D 2 3 4 - - - 6 7 8 - - - 10 I 11 I 12 =- --J =-= 1 5 ~ '" 'YC'" '4. ~ ......... 5:4:3:2:1 '~'I !!: I ~5 I I!! I I I I I I I 11 I. I. I. I. ~:r '" ~ !B=ui--- .9 .QO()7- -- m-----.!' WEST MAIN e . REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: Januar Appropriation Requested By: Source of Funds: N/A Department: FioSlloee Account Number: Report: Resolution: XX Ordinance: Amount Budgeted: Exhibits: HCAD Map Amount Requested: Exhibits: Property Offer Budgeted Item: YES NO Exhibits: HCAD Appraisal Record SUMMARY & RECOMMENDATION On July 3, 2001, property located at 310 N First 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~ Porte, the La Porte Independent School District and Harris County. The property comprises 2 city lots and is approximately 50' by 125', or 6,250 square feet. 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 at the time of judgment was listed with the Harris County Appraisal District Roll with an appraised value of $11,300. Delinquent Taxes and costs on the property total approximately $7,293 (8 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 COUNCIL: Approve resolution authorizing the resale of the tax properties to Bayou Housing Partners. FUND N/A ACCT NUM: FUNDS AVAILABLE / ~ c2fl---Df , DATE D