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2003-150-RES APPROVING SALE OF TAX DELINQUENT PROPERTY @ 400 BLOCK OF 4TH ST NW AND 5TH ST NW RESOLUTION NO. 2003-150 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING THE SALE OF TAX DELINQUENT PROPERTY DESCRIBED AS LOT 6, CITY BLOCK 89, BEING LOCATED IN THE 700 BLOCK OF 4TH STREET N.W. AND 5TH STREET N.W.; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Paris, Paris, Texas, has become the owner of certain real property as described on Exhibit A, attached hereto, by virtue of the fact that a sufficient bid was not received at a sale conducted by the Sheriff pursuant to an order of the District Court in the Cause Number shown on Exhibit A, attached hereto; and, WHEREAS, a potential buyer of the property has come forward; and, WHEREAS, all taxing entities involved in the above-referenced Cause must consent to the sale of the hereinabove described real property; and, WHEREAS, it is to the benefit of all the taxing entities involved that the property be returned to its respective tax rolls; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the Mayor be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris, the tax resale deed and any and all documents necessary to convey the property described as Lot 6, City Block 89, being located in the 700 block of 4th Street N . W. and 5th Street N . W., and described on Exhibit A, attached hereto, for and in consideration of the cash sums referenced on said Exhibit A, said money to be distributed pursuant to Chapter 34 of the Texas Property Code. Section 3. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 8th day of September, 2 ATTEST: ~~\~~ Mattie Cunningham, City Clerk APPROVED AS TO FORM: Those Voting Aye Were: Joe E. McCarthv Wi11ie J. Week1ey, Sr. Benny P1ata J~y ~I~st Curtis Fend1ey Francine Nee1ey Jim Be11 Those Voting Nay Were: EXHIBIT "A" Cause No. 69620, Lamar County Appraisal District vs. William L. Jones, et al Date of Tax Warrant May 30, 2002 Tax Warrant Taxes Due: $ 4,567.26 Adjudged Value $ 4,250.00 Account # 15286 Present Bid $ 1,400.00 Bidder Addie Bufford 743 4th Street N.W. Paris, TX 75460 PROPERTY DESCRIPTION Lot 6, City Block 90, being in the 700 block of 4th Street N.W. and 5th Street N.W., City of Paris.