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2018-006 Approving Private Re-Sale of Multiple Tracts of Tax Foreclosed PropertiesWHEREAS, numerous tracts of real property (the "Trustee Properties") were previously bid off to the City of Paris as Trustee for itself, Lamar County, Pal -is ISD and Paris Junior; and WHEREAS, Texas Property Tax Code Section 34.05(i) provides that the Trustee Properties, may be solid by private sale in lieu of a public sale under Texas Property Tax Code Section 314,,05(c) & (d) with the approval of all taxing units entitled to receive proceeds frorn the sale, being the City of Paris, Lamar County, Paris ISD and Paris Junior College; and WHEREAS, private offers to purchase several of the Trustee Properties have been received by the City of Paris (the "Private Sale"), NOW, THEREFORE, BE IT RESOLVED AND ORDERED by the City Council of Paris, Texas, that: Section 1. The following offers to purchase the following tracts of real property, being the, highest bids received, are hereby accepted and the Private Sales are hereby approved: • LCADI #109616 - 'EAST PARK ADDITION, BLOICK A, LOT 12, 1775 10TI-I NE' to Zenia. Gilmore for $500 • LCAD #109168 - 'EAST PARK ADDITION, BLOCK A, LOT 14, 1785 10TH NEI to Zenia Gilmore for $500 • LCAD I #11014 - 'EAST PARK ADDITION, BLOCK B, LOT 18, 1650 NE 10TH' to Zenia Gilmore for $1000 • LCAD #15557 - 'CITY OF PARIS, BLOCK 101-B, LOT 3, 11TH NW CAUSE 71173' to Hillsboro Inlet LLC, a Wyoming LLC for $9010 • LCAD #1021561 - 'CITY OF PARIS, BLOCK 44-A, LOT 5-13' to Hillsboro Inlet LLC', a Wyoming LLC for $850 • LCAD #20592 - MESTSIDE ADDITION, BLOCK 12, LOT 3, 21..31 W CHERRY CAUSE 82314' to Joletta Sutton for $500 Section 2. Subject to the Private Sales also being approved by Lamar County, Paris ISD and Paris Junior College, and the receipt of the monies bid for the Trustee properties, the Mayor is hereby authorized to execute a tax deed conveying the Re -Sale Properties to the Purchaser or designee. Any prior approval to re -sell this Trustee Property is hereby withdrawn, Section 3. The proceeds of the Private Sale shall be distributed in accordance with the Texas Property Tax Code and the orders of the District Courts of Larnar County, Texas. PASSED AND APPROVED this 26""' day of February, 2018. CITY OF PARIS, TEXAS xl" HE 94tl c//d**, Stevr Clifford, MID.,rMayor 4 'EST: % ce Ellis, City Clerk AP ROVED AS TO FORM: Stephanie H. Harris, City Attorney