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HomeMy WebLinkAboutR2002-021RESOLUTION NO./~t~Tt~ - ~-~ / A RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED WITHIN A 1184A H. CISCO SURVEY, TRACT 104-25, 2.611 ACRES, BY THE CITY OF DENTON, TEXAS AS TRUSTEE FOR THE TAXING ENTITIES PURSUANT TO TEXAS PROPERTY TAX CODE SECTION 34.05 FOR LESS THAN THE MARKET VALUE OR TOTAL AMOUNT OF JUDGMENT AGAINST THE PROPERTY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Cause No. 88-705~C, City Denton vs. Albert Fox et al, was filed in the District Court of Denton County, Texas to collect delinquent taxes on the following described property, to wit: Al184A H. CISCO SURVEY, TRACT 104-25, ACRES 2.611, further described at Volume 335, Page 103 of the Deed Records of Denton County, Texas. WHEREAS, the District Court of Denton County, Texas granted Judgment on August 17, 1988, in favor of the taxing jurisdiction of Denton County as follows: County of Denton City of Denton Denton Independent School District Title Research Fees City of Denton Mowing Liens 1,586.55 4,745.06 6,337.97 100.00 1,141.37 Total Due Market Value According to Denton Central Appraisal District) 12,669.58 48,078.00 WHEREAS, the said parcel of land was offered for sale on February 5, 1991 by the Sheriff of Denton County at public auction pursuant to judgment of the District Court of Denton County, Texas, for foreclosure of the tax liens securing payment of delinquent property taxes and accrued penalty and interest; and WHEREAS, said parcel of land did not receive sufficient bid as set by law and was struck off to the City of Denton, Trustee, in trust for itself, the County and Denton Independent School District pursuant to Section 34.01 (c) Property Tax Code; and WHEREAS, the deed to Albert Fox, referenced above, contains a defect in the property description which makes resale of this property by the taxing jurisdictions unlikely, to wit: The property subject to the tax suit was originally conveyed to Defendants by a deed recorded at Volume 335, Page 103 of the Deed Records of Denton County, Texas, from M. C. Sheppard and wife to Albert Fox and Albert Champion, purportedly S:/ourdocuments/resolution/02/taxsaleauthorization foxparcel.doc describing the 2.611 acre tract which was foreclosed by the above described delinquent tax proceed'rags. The date of the original conveyance was April 16, 2947. On August 10, 1949, Albert Fox and wife conveyed a tract of land approximately 0.172 acres out of the original 2.611 acre tract to Albert Champion and wife. This conveyance is of record in Vol. 353, Page 487 of the Deed Records of Denton County, Texas. This deed was filed for record on August 16, 1949 but was not recorded until September 7, 1949. This tract was never improved and has no street address, however it is currently listed by the Denton Appraisal District as in the ownership of Albert Fox. On August 13, 1949, Albert Champion and wife conveyed a tract of land approximately 0.172 acres out of the original tract to Albert Fox and wife. This tract was identical in size and adjacent to the Champion tract. This conveyance is of record in Vol. 351, Page 581 of the Deed Records of Denton County, Texas. This deed was filed for record on August 16, 1949 and recorded on August 24, 1949. This tract was the homestead of Albert Fox at the time of foreclosure and the street address was 112 S. Crawford. Accordingly, the legal description contained in the judgment failed to adequately describe the property in question, in that there was contained within the legal description of the larger tract sold by the Sheriff, the two smaller tracts of land, described above, which had been conveyed out of the original tract to bona fide purchasers for value prior to the date of suite. WHEREAS, Albert Fox is now deceased and the taxing jurisdictions have been approached by the Estate of Albert Fox, Deceased, which desires to liquidate certain property of the Estate that is encumbered by the Sheriff's deed. WHEREAS, the taxing units involved desire to resell said parcel of land in an expeditious manner pursuant to Section 34.05 Property Tax Code. WHEREAS, the Estate of Albert Fox, Deceased, has tendered an offer of 6,000.00 to purchase said property. This offer is based on a fee appraisal showing the value of the property to be $6,000.00. WHEREAS, the City Council finds that it is the public interest to authorize the sale of the property; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The City Council of the City of Denton, does hereby authorize the Mayor to execute a Deed Without Warranty to the Estate of Albert Fox, Deceased, for the purchase price of $6,000.00. SECTION 2. This resolution shall become effective immediately upon its passage and approval. S:/ourdocuments/resolution/02/taxsaleauthorizationfoxparcel.doe ULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY APP~VE; AS/TO LEGAL FORM: BY. ~ S:/ourdocuments/resolution/02/taxsaleauthorization foxparcel.doc