Title
A resolution to resell tax-foreclosed properties located at 121 Woodbridge Way and 613 Willowbrook Drive by public or private sale, to the highest qualified purchaser, as provided by Section 34.05 of the Texas Property Tax Code.
Body
On December 5, 2016, the City Council passed Resolution No. 51-2016 to adopt a tax lien foreclosure policy to address properties with delinquent taxes owed for five or more years, or properties with delinquent taxes totaling more than twenty-five percent of the appraised value. Under this policy the City Manager, or the City Manager's designee, is authorized to take all actions necessary to carry out the policy, including initiating the foreclosure process through tax lawsuits against the property owner(s) when all prior collection efforts have been exhausted, and issuing orders of sale through the Dallas County Sheriff's Office upon final judgment of tax suits by the District Court.
If no sufficient bid on a property is received at a Sheriff's online public auction, the City has the choice of having the property "struck-off" to the City and the Sheriff's Office then executes a quitclaim deed to the City conveying title and interest in the property as trustee for all taxing entities involved in the judgment. The City may then resell the property in accordance with Section 34.05 of the Texas Property Tax Code, which in certain circumstances requires the consent of the other taxing entities involved.
Prior to Linebarger Goggan Blair & Sampson, LLP (Linebarger) managing the City's tax collections, the City Attorney's Office was responsible for the conduct of reselling foreclosure properties struck-off to the City. The resale process is now conducted entirely by Linebarger in accordance with the sealed bid auction process under the Tax Code.
The property at 121 Woodbridge Way was struck-off to the City on March 7, 2017, and 613 Willowbrook Drive on June 7, 2016. The adjudged value of 121 Woodbridge Way is $54,460.00 and $34,37...
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