Title
A resolution authorizing the sale of multiple tax-foreclosed properties located in Mesquite, Texas, ratifying and approving offer and purchase agreements and authorizing the City Manager to execute quitclaim deeds and all other documents necessary to complete the closing and sale of the properties.
Body
A list of tax-foreclosure properties is posted on the City’s website. The City received offers on certain tax-foreclosed properties that included six properties with structures. Tax Code §34.05(i) applied to all six offers. A sale under this code requires the purchaser to pay the post-judgment taxes, penalties and interest to the taxing entities and requires the consent of all taxing units entitled to proceeds from the sale.
Mesquite Independent School District’s Board of Trustees approved the offers on March 6, 2017. The Dallas County Commissioners Court gave their consent at its meeting on March 21, 2017.
Recommended/Desired Action
Staff recommends Council approval of the resolution.
Attachment(s)
Resolution
List of Tax Foreclosure Properties
Drafter
Brenda Hood
Head of Department
BJ Smith