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20 - Withdrawal of prior approval for sale of twenty previously bid-off properties
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20 - Withdrawal of prior approval for sale of twenty previously bid-off properties
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12/9/2022 10:56:13 AM
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Item No. 20 <br />t <br />TO: Mayor, Mayor Pro -Tem, City Council <br />Grayson Path, City Manager <br />FROM: Stephanie H. Harris, City Attorney <br />SUBJECT: Resolution withdrawing prior approval for sale of twenty previously bid -off <br />properties. <br />DATE: December 7, 2022 <br />BACKGROUND: On March 22, 2021 private offers to purchase several trustee properties were <br />received and approved by Resolution No. 2021-010. More than one year has passed and not all <br />of the taxing units have approved the sales as required by the Texas Property Tax Code. <br />STATUS OF ISSUE: The attached resolution authorizes the City to withdraw prior approval for <br />the sale of these properties as the City desires to re -purpose some of the Trustee Properties as part <br />of the 5 in 5 program. <br />BUDGET: N/A. <br />RECOMMENDATION: Motion to adopt a resolution authorizing withdrawal of prior approval <br />by Resolution 2020-010 for the sale of previously bid -off properties. <br />
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