2012-067 RES APPROVING CONVEYANCE OF CERTAIN TAX DELINQUENT PROPERTY

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RESOLUTION N0. 2012-067 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS; APPROVING THE CONVEYANCE OF CERTAIN TAX DELINQUENT PROPERTY AT LOT 3, BLOCK 7 OF THE COLONIAL ADDITION TO THE CITY OF PARIS, LAMAR COUNTY, TEXAS (1535 W. WALKER) NOT SOLD AT SHERIFF'S SALE PURSUAIVT TO AN ORDER OF THE DISTRICT COURT IN CAUSE NO. 71186; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Paris, Texas, Trustee has become the owner of certain real property as described in Exhibit "A", attached hereto, by virtue of the fact that a sufficient bid was not received at a tax foreclosure sale conducted by the Sheriff pursuant to an order of the District Court in Cause No. 71186, and it has been more than six months since the period of redemption has expired on this property; and, WHEREAS, Ms. Helen Allen has been qualified for Home Construction Funding Assistance under the TDHCA 2012 HOME Grant Program which provides Federal and State funding for low to moderate income individuals seeking housing; and, WHEREAS, Ms. Allen will build a single family residential structure on this tax foreclosed vacant lot and return the property to the tax rolls; and WHEREAS, all taxing entities involved in the above referenced cause must consent to the sale of the property described in Exhibit "A", attached hereto; and, WHEREAS, it is to the benefit of all the taxing entities involved that the property be returned to their respective tax rolls. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, THAT: Section 1. The findings set out in the preamble to this resolution are hereby in all things approved. Section 2. For and in consideration of the cash sum of $1.00 and other good and valuable consideration, said money to be distributed pursuant to Chapter 34 of the Texas property Tax Code, the property shall be conveyed to Helen Allen, 1700 W. Walker, Paris, Texas. Section 3. That the Mayor be, and is hereby directed and authorized to execute the deed and any and all documents necessary to convey property described in Exhibit "A", attached hereto.