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11 - Redemption of Trustee PropertyNo. 11 TO: Mayor, Mayor Pro Tem & City Council FROM: Tracy Pounders, Tax Director, Abernathy Roeder Boyd Hullett SUBJECT: Redemption of Trustee Property DATE: September 25, 2023 W M* K41 Kfi 1A IJ -13 The vacant property known as LCAD ID #11000 (no street address, but is located just south of 1010 Clement Road) was foreclosed and offered for sale on March 7, 2023. There were no offers and it was struck off to the City of Paris as Trustee. STATUS OF ISSUE: Texas Tax Code 34.21 provides the conditions for which a prior owner may purchase back (redeem) a property sold at a tax sale. Gary Cooper and Louis Glover, the heirs of the prior owner, have satisfied the requirements of Sec. 34.21, including the payment of $2,430.00, and are consequently entitled to redeem the property. BUDGET: No budgetary item. This property was foreclosed, therefore all delinquent property taxes and liens are forgiven. The four taxing entities will divide the payment, minus court and tax attorney fees and expenses, pursuant to Property Tax Code. OPTIONS: 1. Approve a resolution authorizing the Mayor to execute the redemption deed. 2. Request additional information. RECOMMENDATION: 1. Approve a resolution authorizing the Mayor to execute the redemption deed. RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A TAX REDEMPTION DEED FOR PROPERTY NO. 11000 WHEREAS, per the judgment and order of sale in Cause No. 91418, City of Paris v Frierson, Property No. 11000 (described further below) was offered for sale at a tax sale held on March 7, 2023, but no bids were made, so the tract was bid -off to the City of Paris, Trustee, in trust for itself, Paris Junior College, Lamar County and Paris Independent School District (Deed No. 203352-2023); and WHEREAS, Texas Property Tax Code Section 34.21 provides the requirements for a prior owner to redeem a property after it has been sold at a tax sale or bid -off to the taxing units, including the minimum purchase price; and WHEREAS, the previous owners have satisfied the requirements of Sec. 34.21 and tendered full payment of the required purchase price; NOW, THEREFORE, BE IT RESOLVED AND ORDERED by the City Council of Paris, Texas, that: Section 1. The findings set out in the preamble to this resolution are hereby in all things approved. Section 2. The Mayor is authorized to execute a redemption deed conveying the following tract(s) of real property back to the previous owner per Texas Property Tax Code Sec. 34.21: • LCAD #11000 —'EAST PARK ADDITION, BLOCK B, LOT 3 & 4, 10TH NE' to GERRY COOPER and LOUISE GLOVER for $2,430.00 Section 3. The proceeds of this redemption sale shall be distributed in accordance with the Texas Property Tax Code and the orders of the District Courts of Lamar County, Texas. PASSED AND APPROVED this 25t' day of September, 2023. CITY OF PARIS, TEXAS BY Private Pro era Tax Re -Sale Resolution, Page 1 of 2 Reginald Hughes, Mayor ATTEST: BY Janice Ellis, City Clerk APPROVED AS TO FORM: BY Stephanie H. Harris, City Attorney Private Proerw Tax Re -Sale Resolution, Page 2 of 2 REDEMPTION TAX DEED (TAX RESALE — PUBLIC SALE) STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF LAMAR § THAT WHEREAS, pursuant to Section 34.21 of the Texas Property Tax Code, GRANTEE has tendered the required consideration for redeeming the below described property previously bid-ff to the City of Paris, Trustee, as trustee for itself, Paris Junior College, Lamar County and Paris ISD by virtue of a deed No. 203352-2023: and WHEREAS, the City of Paris, acting by and through its City Council has authorized its Mayor, or other authorized official, to execute the redemption deed conveying it from the Grantor and Grantee identified below: GRANTOR: City of Paris as trustee for itself, Lamar County, Paris Junior College and Paris ISD. GRANTEE: Gerry Cooper and Louise Glover, 224 W. Rainey Street, Sherman TX 75090 NOW, THEREFORE, in consideration of the premises aforesaid, and of the payment of the purchase prices listed hereinbelow for each property redeemed, the receipt of which is hereby acknowledged, GRANTOR hereby Grants, Sells, and Conveys, unto the said Grantee(s) all of the estate, right, title, and interest acquired by the taxing units interested in the tax foreclosure judgment in the suit(s) specified hereinbelow against the property herein conveyed, by tax foreclosure sale by which the property was previously bid -off to the taxing units as specified hereinbelow, said property being located in Lamar County, and described by the Lamar County Appraisal District as follows: • LCAD 411000 —'EAST PARK ADDITION, BLOCK B, LOT 3 & 4, 10TH NE' for $2,430.00, Cause No. 91418, City of Paris v Frierson TO HAVE AND TO HOLD the above described premises, together with all and singular the rights, privileges, and appurtenances thereto in any manner belonging unto the said grantee(s), so that neither the grantor, nor any other taxing unit interested in said tax foreclosure judgment shall at any time hereafter have, claim or demand any right or title to the aforesaid premises or appurtenances, or any part thereof, as fully and absolute as I can convey as provided for in Texas Property Tax Code. SUBJECT HOWEVER to the following covenant(s), condition(s) and restriction(s): (1) rights of the public to any portion of the above described property lying within the boundaries of dedicated or existing roadways or which may be used for road or street purposes, (2) visible and apparent easements over or across subject property, (3) rights of parties in possession, and (4) post- judgment year taxes (if any), the payment of which is assumed by Grantee herein. CONVEYANCE OF THE PROPERTY HEREIN IS MADE "AS IS" AND WITHOUT WARRANTY: Grantors make no warranty or representation as to the title, condition, suitability for any use, property description, property size or dimensions, location of the property, or whether all interests in the property have been extinguished by the judgments, orders and sale relating to this property. The conveyance made herein is limited to a transfer of the Grantors' interest in the property, if any, to the Grantee. No survey of the property has been conducted by the taxing units prior to sale: some of property descriptions come from the tax maps of the City of Paris or the Lamar County Appraisal Districts rather than from recorded plat maps. It is the responsibility of the Grantee(s) to determine what rights, if any, have been conveyed by the Grantors to the Grantee(s) by this instrument. This conveyance is also made expressly subject to any existing right of redemption remaining to the former owner(s) of the property under the provisions of law and also subject to any recorded restrictive covenants running with the land, and valid easements of record as of the date of this sale. IN TESTIMONY WHEREOF, and executed this 25th day of September, 2023. CITY OF PARIS, TRUSTEE TRUSTEE FOR ITSELF, PARIS JUNIOR COLLEGE, LAMAR COUNTY AND PARIS IND. SCHOOL DISTRICT By: Reginald B. Hughes, Mayor STATE OF TEXAS § LAMAR COUNTY § BEFORE ME the undersigned authority, on this day personally appeared Reginald B. Hughes, Mayor, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes, consideration, and in the capacity therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS THE DAY OF 20 After recording return to: Gerry Cooper Notary Public and Louise Glover Commission Expires: 224 W. Rainey Street Sherman TX 75090