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Res 063-2014 6/17/2014 RESOLUTION NO. 63-2014 Resolution allowing 11 Trustee Properties to be sold for less than the total amount of the judgments against them as authorized by Section 34.05(i) of the Texas Tax Code WHEREAS, from time to time, the City of Wichita Falls, along with the Wichita Falls Independent School District and Wichita County, recovers judgments in suits filed in the District Courts of Wichita County, Texas, for delinquent taxes, penalties, and interest and the foreclosure of the tax lien on properties located in the City of Wichita Falls, Wichita County, Texas; the City Council desires to reduce the inventory of real property acquired from delinquent tax suits; WHEREAS, the County Commissioners and the WFISD School Board have both voted to accept the bid requests as presented; and WHEREAS, it is determined to be in the best interest of the public to return these properties to private ownership and place them back on the tax roll. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The trustee properties described in the attached Requests to Purchase may be sold for less than the total amount of the judgments against them as authorized by Section 34.05(i) of the Texas Tax Code, with such sales to be as described in the attached Requests to Purchase, and the City Manager is authorized to execute deeds to such properties in such form as are approved by the City Attorney. PASSED AND APPROVED this the 17th day of June, 2014. ______________________________ M A Y O R ATTEST: ____________________ City Clerk Requests to Purchase 1 – 109 MLK Jr. Blvd - Lots 22 & 23, Block 87, Original Town Preston L. Giles $ 1,000.00 2 – 111 MLK Jr. Blvd - Lots 24 & 25, Block 87, Original Town Preston L. Giles $ 1,000.00 3 – 507 N MLK Jr. Blvd – Lot 11, Less W5’, Block 64, Original Town Indian Capital Group, LLC $ 500.00 4 – 707 N MLK Jr. Blvd – Lot 11, Less W5’, Block 47, Original Town Indian Capital Group, LLC $ 500.00 5 –1112 N MLK Jr. Blvd – Lot 1 & ½ Closed Adjacent Alley, Block 9, Original Town Indian Capital Group, LLC $ 500.00 6 – 1840 MLK Jr. Blvd – 3.48 Acres E of HWY-Blocks 25 & S ½ of Block 26, East Side Gardens Indian Capital Group, LLC $ 3,000.00 7 – 2020 Old Burk Hwy – Lots 1 & 2, Block 1, Whitehead S/D 1.12 Acres ABST. 44 Indian Capital Group, LLC $ 400.00 8 – 4426 R Burkburnett Rd – 1.84 Acres Watts & Lewis S/D ABST. 344 Indian Capital Group, LLC $ 1,000.00 9 – 4428 Burkburnett Rd – 1.00 Acres Out of Lot 1, Watts & Lewis S/D ABST. 344 Indian Capital Group, LLC $ 1,000.00 10-4428 A Burkburnett Rd – 1.70 Acres Out of Lot 1, Watts & Lewis S/D ABST. 344 Indian Capital Group, LLC $ 1,000.00 11 – 215 Wichita St. -- Lots 14 & 15 & 16, Block D, Montgomery 2 Indian Capital Group, LLC $ 500.00 Location Aerial Maps Location Aerial Maps