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HomeMy WebLinkAbout2001-045\\CH LGL\VOLMHARED\DEp7\LGL\Om Documents\O,&..=\OD\Coment fm pnvate m sale da AN ORDINANCE CONSENTING TO THE PRIVATE SALE OF PROPERTY LOCATED AT JOHNSON STREET, DENTON COUNTY, TEXAS BY THE DENTON INDEPENDENT SCHOOL DISTRICT AS TRUSTEE FOR THE TAXING ENTITIES PURSUANT TO TEXAS PROPERTY CODE SECTION 34 05 FOR LESS THAN THE MARKET VALUE OR TOTAL AMOUNT OF JUDGEMENTS AGAINST THE PROPERTY, AND PROVIDING AN EFFECTIVE DATE WHEREAS, on or about April 4, 2000 certain property located on Johnson Street, Denton County, Texas, A0623A, A Hill, Tract 146, 149, 0 07 Acres being more particularly described in the Denton County Deed Records, Volume 362, Page 508, Denton County, Texas was auctioned to satisfy a tax Judgment of $1,455 68, and WHEREAS, due to the peculiar shape and location of the property the auction did not produce a bonafide purchaser and the property was struck off to the Denton Independent School District, and WHEREAS, the school district has a bonafide offer and believes that an auction would only create additional cost and expense, request that the city consent to a private sale of this property pursuant to Texas Property Code §34 05 for less than market value specified in the Judgement or the total amount of Judgments against the property, and WHEREAS, the City Council finds that it is the public interest to consent to the private sale of the property, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SSECTION 1 The City of Denton, Texas gives its consents to Denton Independent School District for the private sale of the property described as A0623A, A Hill, Tract 146, 149, 0 07 Acres more particularly described in the Denton County Deed Records, Volume 362, Page 508, Denton County, Texas, pursuant to Texas Property Code § 34 05 SF,CTION 2 This ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the � day of jd-i000 , 2001 tl EULINE BROCK, MAYOR Page 1 \\CH LGLWOLI\SHARRMDRPTLGUOm Durum w\Ordmmme\00\Commt fm MV-W m $010 dm ATTEST JENNIFER WALTERS, CITY SECRETARY BY Ij )alkLA APPR VED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY m Page 2