HomeMy WebLinkAbout024078 RES - 06/27/2000RESOLUTION
AUTHORIZING RESALE OF SIXTY-NINE (69) PROPERTIES SHOWN ON
THE ATTACHED AND INCORPORATED EXHIBIT A WHICH WERE
FORECLOSED UPON FOR FAILURE TO PAY AD VALOREM TAXES,
FOR MINIMUM OPENING BID AMOUNTS EQUAL TO 25% OF THE
MOST RECENT APPRAISED VALUE FOR PROPERTIES VALUED
UNDER $10,000 AND 30% OF THE MOST RECENT APPRAISED VALUE
FOR PROPERTIES VALUED AT $10,000 OR HIGHER.
WHEREAS, the taxing authorities hold in trust the properties legally described on the
attached and incorporated Exhibit A;
WHEREAS, an auction tnay be scheduled to obtain the highest possible price for the taxing
entities.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That pursuant to section 34.05 of the Property Tax Code, the governing body
of the City of Corpus Christi hereby authorizes the resale of sixty-nine (69) properties shown on the
attached and incorporated Exhibit A which were foreclosed on by the county for failure to pay taxes,
for a minimum opening bid amount equal to 25% of the most recent appraised value for properties
valued under $10,000 and 30% of the most recent appraised value for properties valued at $10,000
or higher.
Attest:
CITY OF CORPUS CHRISTI
APPROVED THIS THE ~9-~' DAY OF
James R. Bray, City Attorney
,2000:
LOA\RES.015
024078
CORPUS CHRISTI, TEXAS
C~TI3DAY OF dlLJ,J/X.L ,2000
The above resolution was passed by the following vote:
Samuel L. Neal, Jr.
Javier D. Colmenero
Melody Cooper
Henry Garrett
Dr. Arnold Gonzales
Rex A. Kinnison
Betty Jean Longoria
John Longoria
Mark Scott
LOA\RES.015
024078
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