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DRAFT <br /> <br />ALICEhRESWORK\CURRENT\Tax Resale Res L1-4 B 1 Margraves Ph Add. <br /> June 26, 2001 <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, AUTHORIZING THE EXECUTION OF A TAX SALE DEED <br />FOR ONE TRACT OF TAX DELINQUENT PROPERTY DESCRIBED AS <br />LOTS 1 THROUGH 4, BLOCK 1, MARGRAVES, PHILLIPS, AND ESTES <br />ADDITION, BEING NUMBERS 838, 846, 854, AND 902 7TH STREET N.E.; <br />MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br /> <br /> WHEREAS, the City of Paris, Paris, Texas, has become the owner of certain real property <br />as described on Exhibit A, attached hereto, by virtue of the fact that a sufficient bid was not received <br />at a sale conducted by the Sheriff pursuant to an order of the District Court in the Cause Number <br />shown on Exhibit A, attached hereto; and, <br /> <br />WHEREAS, a potential buyer of the property has come forward; and, <br /> <br /> WHEREAS, all taxing entities involved in the above-referenced Cause must consent to the <br />sale of the hereinabove described real property; and, <br /> <br /> WHEREAS, it is to the benefit of all the taxing entities involved that the property be returned <br />to its respective tax rolls; NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That the Mayor be, and he is hereby, authorized and directed to execute, on behalf <br />of the City of Paris, the tax resale deed and any and all documents necessary to convey the property <br />described as Lots 1 through 4, Block 1, Margraves, Phillips, and Estes Addition, being numbers 838, <br />846, 854, and 902 7th Street N.E., and described on Exhibit A, attached hereto, for and in <br />consideration of the cash sums referenced on said Exhibit A, said money to be distributed pursuant <br />to Chapter 34 of the Texas Property Code. <br /> <br />Section 3. That this resolution shall be effective from and after its date of passage. <br /> <br /> <br />