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HomeMy WebLinkAboutR2002-008A RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED WITHIN ABSTRACT 616 OF THE S.C. HIRAM SURVEY, TRACT 16, OLD DCAD TRACT 2, BY THE COUNTY 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. 98-0352-158, County of Denton vs. Hattie Smith a/k/a Hattie Wright a/k/a Hattie L. Wright, was filed in the District Court of Denton County, Texas to collect delinquent taxes on the following described property, to wit: 410 Acre out of Abstract 616 of the S.C. Hiram Survey, Tract 16, Old DCAD Tract 2, an Addition to the City of Denton, Denton County, Texas being that property more particularly described in the Denton County Deed Records, Volume 349, Page 288 SAVE and EXCEPT that property described in Volume 578, Page 47 of the Deed Records, Denton County, Texas; WHEREAS, the District Court of Denton County, Texas granted Judgment on April 6, 2000, in favor of the taxing jurisdiction of Denton County as follows: County ofDenton City ofDenton Denton Independent School District Title Research Fees City of Denton Mowing Liens 644.02 1,297.65 3,975.01 100.00 1,141.37 Total Due Market Value According to Denton Central Appraisal DistricO 6,058.56 24,255.00 WHEREAS, the said parcel of land was offered for sale on February 6, 2001 by the Sheriffof 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 County of Denton, Trustee, in trust for itself, the City of Denton, a municipal corporation and Denton Independent School District pursuant to Section 34.01 (c) Property Tax Code; and WHEREAS, the taxing units involved desire to resell said parcel of land in an expeditious manner pursuant to Section 34.05 Property Tax Code; and 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 of Denton, does hereby authorized the Trustee to solicit from the public, bids on the said parcel of land or to request that the Sheriff of Denton County to sell this property pursuant to Section 34.05 (c) Property Tax Code, and we do hereby consent to the sale of said parcel of land to the highest bidder even if the bid tendered is less than the market value of the land specified in judgment of foreclosure or the total amount of the judgment against the property. The Mayor is authorized to execute any deed necessary to convey the parcel of land upon sale. SECTION 2. This ordinance shall become effective immediately upon its p~ssage and approval. PASSED AND APPROVED this the ~ day of ~t/~. ~/~ , 2002. EULINE BROCK, MAYOR ATTEST: JENN~ER WALTERS, CITY SECRETARY APP~fv~D ~TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY