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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING THE PRIVATE RE -SALE. OF MULTIPLE TRACTS OF TAX <br />FORECLOSED PROPERTIES AND AUTHORIZING THE MAYOR TO <br />EXECUTE DEEDS; MAKING OTHER FINDINGS AND PROVISIONS RELATED <br />TO THE SUBJECT AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, numerous tracts of real property (the "Trustee Properties") were <br />previously bid off to the City of Paris as Trustee for itself, Lamar County, Paris ISD and Paris <br />junior; and <br />WHEREAS, Texas Property Tax Code Section 34.05(i) provides that the Trustee <br />Properties may be sold by private sale in lieu of a public sale under Texas Property Tax <br />Code Section 34.05(c) & (d) with the approval of all taxing units entitled to receive <br />proceeds from the sale, being the City of Paris, Lamar County, Paris ISD and Paris Junior <br />College; and <br />WHEREAS, private offers to purchase several of the Trustee Properties have been <br />received by the City of Paris (the "Private Sale"); <br />NOW, THEREFORE, BE IT RESOLVED AND ORDERED by the City Council of Paris, <br />Texas, that: <br />Section 1. The following offers to purchase the following tracts of real property, <br />being the highest bids received, are hereby accepted and the Private Sales are hereby <br />approved:. <br />• LCAD #10966 - 'EAST PARK ADDITION, BLOCK A, LOT 12, 1775 KITH NE' to Zenia <br />Gilmore for $508 <br />• LCAD #107968 - 'EAST PARK ADDITION,, BLOCK A, LOT 14, 1785 18TH NE' to Zenia <br />Gilmore for $5807 <br />• LCAD #11814 - 'EAST PARK ADDITION, BLOCK B, LOT 18, 16507 NE 10TH' to Zenia. <br />Gilmore for $1000 <br />• LCAD ##1.5557 - 'CITY OF PARIS, BLOCK 181-8, LOT 3, 111-H NW CAUSE 71173' to <br />Hillsboro Inlet LLC, a Wyoming LLC for $9070 <br />• LCAD #1072156 - 'CITY OF PARIS, BLOCK 44-A, LOT 5-13' to Hillsboro Inlet LLC, a <br />Wyoming LLC for $8.507 <br />• LCAD #200592 - 'WESTSIDE ADDITION, BLOCK 12, LOT 3, 2131 W CHERRY CAUSE <br />82314' to Joletta Sutton for $50707 <br />Section 2. Subject to the Private Sales also being approved by Lamar County, Paris <br />ISD and Paris Junior College, and the receipt of the monies bid for the 'Trustee properties, <br />Private Pro erty 'lax. Re -Sale Resolution, Page I of <br />