12 - Release of Lien-Waiver Request - 1567 S. Main Street

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RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, FORGIVING CIVIL PENALTIES ASSESSED AGAINST THE PROPERTY LOCATED AT 1567 S. MAIN STREET IN THE CITY OF PARIS; WAIVING INTEREST ACCRUED UNDER A DANGEROUS STRUCTURE ABATEMENT LIEN ON SAID PROPERTY; MAKING OTHER FINDINGS AND PROVISIONS; AND DECLARING AN EFFECTIVE DATE. WHEREAS, on February 20, 2006, after notice, publication, and hearing as required by law, the Building and Standards Commission of the City of Paris entered Order DS06-25 ordering demolition within 30 days of the dilapidated structure located at Block 14, Lot 7 of the Texas & Pacific Addition, otherwise known as 1567 S. Main St., Paris, Texas 75460, and further ordering the imposition of civil penalties of $1,000.00 per day for each day the structure remained on the property after the expiration of the 30 day deadline; and WHEREAS, the City of Paris demolished said dangerous structure on May 8, 2006 and thereafter filed a structure abatement lien against the property in the amount of $1,469.65; and WHEREAS, said principal amount of $1,469.65 has accumulated interest to date in the approximate amount of $6,129.34 (as of September 11, 2023); and WHEREAS, the period between the expiration of the 30 day period to demolish and the date of demolition was 47 days, during which civil penalties of $47,000.00 plus interest accrued pursuant to Order DS06-25, which civil penalties have continued to accrue interest.- and nterest;and WHEREAS, all other liens assessed against the property and the taxes have been paid; and WHEREAS, the current owner, who resides out of state, wishes to sell said property and has agreed to pay the principal amount of the lien, thus repaying the city for amounts expended, and has requested that City Council waive the interest on the structure abatement lien and forgive the civil penalties and interest, all of which far exceed the value and selling price of the property, to facilitate the sale; and WHEREAS, the City Council believes that it would be in the best interest of the city and its residents to waive the repayment of interest related to the dangerous structure abatement lien in the amount of $ IT_,„ to forgive the accrued civil penalties and interest, and to release the lien so as to facilitate the sale of the property, thus keeping it on the tax rolls, increasing its taxable value, and enhancing and contributing to the value of the area;