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2015-013 - Approve the private re-sale of six tracts of trustee tax properties (City of Paris, Block 83, Lot 2 & ....RESOLUTION NO. 2015 -013 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, APPROVING THE PRIVATE RE -SALE OF SIX TRACTS OF TRUSTEE TAX PROPERTIES (CITY OF PARIS, BLOCK 83, LOT 2 & 2A; CITY OF PARIS, BLOCK 84, LOT 16; CITY OF PARIS, BLOCK 84, LOT 25; CITY OF PARIS, BLOCK 84, LOT 26; CITY OF PARIS, BLOCK 86, LOT 2; AND CITY OF PARIS, BLOCK 100, LOT 4) TO REV. JAMES PRICE FOR $1,800.00, AND AUTHORIZING THE MAYOR TO EXECUTE DEEDS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, 65 tracts of real property (the "Trustee Properties ") were bid off to the City of Paris as Trustee for itself, Lamar County, Paris ISD and Paris Junior College at a public tax sale conducted on January 6, 2015; and WHEREAS, Texas Property Tax Code Section 34.05(1) provides that the Trustee Properties may be sold by private sale in lieu of a public sale under Texas Property Tax Code Section 34.05(c) & (d) with the approval of all taxing units entitled to receive proceeds from the sale, being the City of Paris, Lamar County, Paris ISD and Paris Junior College; and WHEREAS, Private offers to purchase ten 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 offer of Rev. James Price to purchase the following identified Trustee properties for a total of $1,800.00 ($300.00 each) is accepted and the Private Sale is hereby approved: • LCAD #15130: City Of Paris, Block 83, Lot 2 & 2a, 1051 W Shiloh • LCAD #15184: City Of Paris, Block 84, Lot 16, 674 13th NW • LCAD #15192: City Of Paris, Block 84, Lot 25, 1127 W Shiloh • LCAD #15193: City Of Paris, Block 84, Lot 26, 1107 W Shiloh • LCAD #15204: City Of Paris, Block 86, Lot 2,1066 W Shiloh • LCAD #15499: City Of Paris, Block 100, Lot 4,930 8th NW Section 2. Subject to the Private Sale also being approved by Lamar County, Paris ISD and Paris Junior College, the Mayor is hereby authorized to execute a tax deed conveying the Re -Sale Properties to the Purchaser or designee. 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 Lamar County, Texas. PASSED AND APPROVED this 9th day of March, 2015. Matt Frierson, Ma or ATTEST: nice Ellis, City Clerk APPROVED AS TO FORM: W. Kent Mc , City Attorney