File #: 19-3975    Version: 1 Name: 302 South Walker Street-Sale of Tax Foreclosure
Type: Agenda Item Status: Passed
File created: 1/22/2019 In control: City Council
On agenda: 2/4/2019 Final action: 2/4/2019
Title: A resolution authorizing the sale of tax-foreclosed property located at 302 South Walker Street in Mesquite, Texas; accepting the offer from the purchaser to purchase the property; ratifying and approving the Offer and Purchase Agreement executed by the purchaser setting forth the terms and conditions of the sale of the property; and authorizing the City Manager to execute a quitclaim deed and all other documents necessary or requested to complete the closing and sale of the property.
Attachments: 1. Resolution - 302 S Walker

Title

A resolution authorizing the sale of tax-foreclosed property located at 302 South Walker Street in Mesquite, Texas; accepting the offer from the purchaser to purchase the property; ratifying and approving the Offer and Purchase Agreement executed by the purchaser setting forth the terms and conditions of the sale of the property; and authorizing the City Manager to execute a quitclaim deed and all other documents necessary or requested to complete the closing and sale of the property.

 

Body

A list of tax-foreclosure properties available for sale was listed on the City’s website. The City received an offer on a vacant lot located at 302 South Walker Street that fell under Tax Code §34.05(j). A sale under this code 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 units entitled to proceeds of the sale.

 

Mesquite Independent School District’s Board of Trustees consented to the sale of the property on December 10, 2018.

 

Dallas County Commissioners Court consented to the sale of the property with the passage of Court Order 2019-0032 on January 8, 2019.

 

Recommended/Desired Action

Staff recommends approval of the resolution.

 

Attachment(s)

Resolution

 

Drafter

Brenda Hood

 

Head of Department

Sean Fox