Title
A resolution authorizing the sale of three tax-foreclosed properties located at 1004 Grande Drive, 907 Jardin Drive and 810 Leyenda Drive in Mesquite, Texas (the "Properties"); accepting the offers from Hossain Dezham (the "Purchaser") to purchase the Properties; ratifying and approving the Offer and Purchase Agreements executed by the Purchaser setting forth the terms and conditions of the sale of the Properties; consenting to the termination, release and discharge of certain covenants, conditions and restrictions imposed on the Properties; authorizing the City Manager to execute a Release of Deed Restrictions and a Quitclaim Deed with respect to each of the Properties; and authorizing the City Manager to take all actions and execute all other documents necessary or requested to complete the closing and sale of the properties.
Body
A list of tax-foreclosed properties available for sale was listed on the City's website. The City received offers of $30,000.00 each for three vacant lots located at 1004 Grande Drive, 907 Jardin Drive and 810 Leyenda Drive.
The offer for 810 Leyenda Drive fell under V.T.C.A., Tax Code ? 34.05(h) and requires the Purchaser to pay post-judgment taxes, penalties and interest as well as prorated taxes for the year of closing.
The offers for 1004 Grande Drive and 907 Jardin Drive fell under V.T.C.A., Tax Code ? 34.05(j), which discharges and extinguishes all liens foreclosed by the judgment and all post-judgment taxes, penalties, and interest, except for prorated taxes for the year of closing, and requires the consent of all taxing entities entitled to proceeds of the sale.
Mesquite Independent School District's Board of Trustees consented to the sale of the properties on April 12, 2021, and Dallas County Commissioners' Court consented to the sale of the properties with the passage of Court Orders 2021-0406, 2021-0407 and 2021-0408 on April 20, 2021.
Background
On September 11, 2013, City staff met with representatives from Da...
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