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DRAFT <br />Attorney\reswork\current\Tax Sale Deed PEDC 1.31 ac 34'^ NW Res <br />RESOLUTION N0. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />AUTHORIZING THE EXECUTION OF A TAX SALE DEED TO PARIS <br />ECONOMIC DEVELOPMENT CORPORATION FOR PROPERTY BEING LOT <br />13-A, BLOCK 326 LOCATED OFF 34TH ST. NW; MAKING OTHER FINDINGS <br />AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN <br />EFFECTIVE DATE. <br />WHEREAS, the City of Paris, Texas, has become the part-owner.of certain real <br />property as described on Exhibit A, attached hereto, because a sufficient bid was not <br />received at a sale conducted by the Lamar County Sheriff pursuant to an order of the <br />District Court of Lamar County in Cause number 71938 as shown on Exhibit "A" attached <br />hereto; and, <br />WHEREAS, a potential buyer for the property has come forward; and, <br />WHEREAS, all taxing entities involved in the above-referenced cause must consent <br />to the sale of the hereinabove described real property; and, <br />WHEREAS, it is to the benefit of all the taxing entities involved that the property be <br />returned to their respective tax rolls; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL 0F THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this resolution are hereby <br />in all things approved. <br />Section 2. That the Mayor of the City of Paris be, and he is hereby,:authorized and <br />directed to execute on behalf of the City of Paris, the tax resale deed and any and all <br />documents necessary to convey the property described on Exhibit A, attached hereto, for <br />and in consideration of the cash sums referenced on said Exhibit A, said money to be <br />distributed pursuant to Chapter 34 of the Texas Property Code. <br />Section 3. That this resolution shall be effective from and after its date of passage. <br />PASSED AND ADOPTED this 14th day of July, 2008. <br />Jesse James Freelen, Mayor <br />v UUUUb"i <br />