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HomeMy WebLinkAboutR-2015-18 resale of 6 tracts of land (see exhibit 'A') (� 2015-18 RESOLUTION9fi5= 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 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 12fl day of October 2015. CITY OF LA PO AS ouis igby, yor A,497EST: APPROVED: Patrice Fogarty, i Secr ry L Clark Askins, City Attorney I EXHIBIT A TAX RESALE PROPERTY TO BE SOLD TRACT 1: Resale Property P057(B) Legal Description: Lots 11 & 12 Block 988 Town of La Porte HCAD#024-157-000-0049 Offer Amount: $3,100.00 TRACT 2: Resale Property P071 Legal Description: Lot 17 Block 987 Town of La Porte HCAD#024-156-000-0017 Offer Amount: $800.00 TRACT 3: Resale Property'P109 Legal Description: Lot 13 Block 988 Town of La Porte HCAD#024-157-000-0050 Offer Amount: $1,600.00 TRACT 4: Resale Property P210 Legal Description: Lot 3 Block 12 Bayside Terrace HCAD#061-057-012-0003 Offer Amount: $5,500.00 TRACT 5: Resale Property P258 (A)&P258 (B) Legal Description: Lots 17, 18, 19, 20,21 &22 Block 84 Town of La Porte HCAD#023-206-084-0017 & 023-206-084-0033 Offer Amount: $18,750.00($12,500.00 &$6,250.00) TRACT 6: Resale Property P277 Legal Description: Lots 9& 10 Block 11 Town of La Porte HCAD#023-156-000-0009 Offer Amount: $15,625.00