HomeMy WebLinkAbout024888 RES - 05/28/2002RESOLUTION
AUTHORIZING RESALE OF NINETY-SEVEN (97) PROPERTIES SHOWN ON THE
ATTACHED AND INCORPORATED EXHIBITS WHICH WERE FORECLOSED UPON
FOR FAILURE TO PAY TAXES, FOR MINIMUM OPENING BID AMOUNTS OF 10% OF
THE MOST RECENT APPRAISED VALUE FOR 18 PROPERTIES WHICH DID NOT
SELL AT LAST YEAR'S AUCTION, AND 30% OF THE MOST RECENT APPRAISED
VALUE FOR 79 PROPERTIES; AUTHORIZING THE NUECES COUNTY JUDGE TO
EXECUTE A RESALE DEED FOR EACH OF THE PROPERTIES LISTED
WHEREAS, the taxing authorities hold in trust the ninety-seven properties (97) properties legally
described on the attached and incorporated Exhibit A;
WHEREAS, an auction may be scheduled to obtain the highest possible price for the taxing entities;
WHEREAS, the eighteen properties on Exhibit A, page 5, did not sell at last year's resale auction;
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 Tax Code, the governing body of the City of
Corpus Christi hereby authorizes the resale of seventy-nine (79) properties shown on the attached
and incorporated Exhibit A which were foreclosed upon for failure to pay property taxes, for a
minimum opening bid amount equal to 30% of the most recent tax appraisal value. The minimum
opening bids are identified on the attached and incorporated Exhibit A.
SECTION 2. That pursuant to Section 34.05 of the Tax Code, the governing body of the City of
Corpus Christi hereby authorizes the resale of eighteen (18) properties shown on page 5 of the
attached and incorporated Exhibit A ~vhich were foreclosed upon for failure to pay property taxes,
for a minimum opening bid equal to 10% of the most recent tax appraisal value. The minimum
opening bids are identified on page 5 of the attached and incorporated Exhibit A.
SECTION 3. That the Nueces County Judge is authorized to execute a resale deed for each of the
properties listed on Exhibit A.
Attest:
Arm~y'
Samuel L. Ne~a~,q~r.
Mayor
Approved this the ~'~
James R. Bray
City Attorney
day of
,2002:
Lisa Aguilar
Assistant City Attorney
024888
CORPUS CHRISTI, TEXAS
The above resolution was passed by the following vote:
Samuel L. Neal, Jr.
Brent Chesney
Javier D. Colmenero
Henry Garrett
Bill Kelly
Rex A. Kinnison
John Longoria
Jesse Noyola
Mark Scott
024888
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