09 - Private Tax Re-Sale - Block 174-Lot 7

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Item No. 9 TO: Mayor & City Council FROM: Robert Vine, Assistant City Manager SUBJECT: PRIVATE TAX RE -SALES DATE: April 11, 2022 BACKGROUND: Tracy Pounders with the law firm of Abernathy Roeder Boyd & Hullett PC has arranged for the private sale of one (1) tax delinquent property for the amount of $500.00 to adjoining land owner, Barbara Forrest. STATUS OF ISSUE: Property No. 22191, "CITY OF PARIS, BLOCK 174, LOT 7" (the "Trustee Property") was previously bid off to the City of Paris as Trustee for itself, Lamar County, Paris ISD and Paris Junior College and deeded to "CITY OF PARIS TRUSTEE" by Instrument 2017- 141849, filed with the Lamar County Clerk on March 20, 2017. Adjacent property owner, Barbara Forrest has been maintaining a portion of this property for several years and has petitioned the city to purchase this lot to add her to small back yard. Ms. Forest does not intend to build a residence on this lot. Assistant City Manager, Robert Vine, met with Barbara Forrest in February of this year and walked the property in question. Due to the characteristics of this property, specifically an extra -ordinarily high elevation from the roadway and only being partially cleared of trees and brush, this particular lot presents itself as less attractive than other available lots for the city's 5 in 5 Program. BUDGET: The City will receive its prorated share of the proceeds of sale as required by the Texas Property Tax Code. RECOMMENDATION: Approve Resolution consenting to the Private Re -Sale of one Tax Foreclosed Property to Barbara Forrest as proposed.