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HomeMy WebLinkAboutResolution 5138-10-2019 A Resolution NO. 5138-10-2019 APPROVING THE SALE OF CERTAIN REAL PROPERTY UNDER SECTION 34.05 OF THE TEXAS PROPERTY TAX CODE WHEREAS, property located at 1050 Savage Drive was struck off to Everman Independent School District ("ISD") for $7,725.46 at a tax foreclosure sale on April 5, 2005; WHEREAS, the total due under the judgment is $6,110.05; WHEREAS, the appraised value of the property on the date of the judgement was $10,019.00, and the current appraised value is $8,712.00; WHEREAS, an offer has been made by Highland Hills Missionary Baptist Church, to purchase the property for the sum of Six Hundred and 00/100 Dollars ($600.00) for judgment years 1993-2003; WHEREAS, Section 34.05 of the Texas Property Tax Code authorizes the ISD to conduct a direct sale of tax-foreclosed property to a buyer; however, Section 34.05(i) requires any amount less than the amount due for taxes and fees be approved by all taxing entities before conveying the property; WHEREAS, the ISD is requesting the City of Fort Worth ("City") approve the sale of this property; WHEREAS, it is in the best interest of the City and its taxpayers to return this property to a productive use; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1 . That the City approves the sale of that certain tract of real estate identified as ABSTRACT 1198, TRACT 1C01, OLDHAM LEIGH SURVEY LOCATED IN EVERMAN ISD, COUNTY OF TARRANT ACCOUNT NUMBER: 04595289; ALSO KNOWN AS 1050 SAVAGE DRIVE, FORT WORTH, TX 76134 acquired at the above described tax sale for the sum of $600.00 to Highland Hills Missionary Baptist Church as authorized by Section 34.05, Texas Property Tax Code. The liens foreclosed by the judgment are extinguished by ORT WORT virtue of the conveyance. 2. That the City Manager or his designee is authorized to execute appropriate instruments to transact the sale. Adopted this 22nd day of October 2019. ATTEST: 'FART Mary Kayser, Cit ecr ary ; ORT WORT MAYOR AND COUNCIL COMMUNICATION MAP 21 CONSENT TO EISD TF SALE 1050 SAVAGE COUNCIL DISTRICT 8 - Ann adeh A.S. rt r DP 4 IL or bn IF hip ' v r 4 r1T W } ,LAG Rum. ,E FLIRT WORTH laws.Copyright prod City of Fort Wean Unauthorized reproduction b•violationp mdfo or Q 70 ,J40 laws.This product b for informaUonel purposes nrrd may not have bean prepared for w m be suitable for legal,engineartrp,or mwmyirrg purposes.It does not represent an on- ft-ground survey and represents only the approximate relative Imllun of property bourxfarles.The City of Fort Wont assumes no respona"ly for tha scaeacy of said data. Ima TARRANT APPRAISAL DISTRICT 08/26/2029 Account*: 04595289 Georeference: A1198-1C01 Property Location: 1050 SAVAGE DR Jurisdictions: Owner Information 026 CITY OF FORT WORTH EVERMAN ISD 220 TARRANT COUNTY 608 TOWNLEY DR 904 EVERMAN ISD FORT WORTH,TX 76140-5206 223 REGIONAL WATER DISTRICT 224 TARRANT COUNTY HOSPITAL 225 TARRANT COUNTY COLLEGE 5-Year Value History This information is intended for reference only and is subject to change.It may not accurately reflect the complete status of the account as actually carried in TAD's database. Year Improvement Market Land Market Total Market Total Appraised t 2019 $0 $8,712 $8,712 2018 $0 $8,712 $8,712 $8,712 2017 $0 $69,696 $69,696 $69,696 2016 $0 $69,696 $69,696 $69,696 2015 $0 $8,712 $8,7121 $8,712 A zero value indicates that the property record has not yet been completed for the indicated tax year t Appraised value may be less than market value due to state-mandated limitations on value increases Property Data Legal Description:OLDHAM,LEIGH SURVEY Abstract Site Number:80390218 1198 Tract 1C01 Site Name:80390218 Deed Date:04-29-2005 Class:ExGovt-Exempt-Government Deed Page:0000000 #of Parcels: 1 Deed Volume:0000000 Primary Building: Instrument:D205163597 State Code:C1C Vacant Land Commercial Land Sqft 4:8,712 Agent: None Land Acres ♦:0.2000 Notice Sent: Protest Deadline: ttt Rounded ♦ This represents one of a hierarchy of possible values ranked in the following order:Recorded,Computed, System,Calculated Exemptions • PUBLIC PROPERTY 11.11 Tarrant Appraisal District 12500 Handley-Ederville Road,Fort Worth,TX 76118-6982 1 817-284-0024 City of Fort Worth, Texas Mayor and Council Communication DATE: 10/22/19 M&C FILE NUMBER: M&C 19-0265 LOG NAME: 21 PMD CONSENT TO EISD TF SALE 1050 SAVAGE SUBJECT Adopt Resolution Authorizing the Everman Independent School District to Conduct the Direct Sale of a Tax-Foreclosed Property Located at 1050 Savage Drive for a Total Cost of$600.00 to Highland Hills Missionary Baptist Church,in Accordance with Section 34.05 of the Texas Property Tax Code(COUNCIL DISTRICT 8) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached resolution authorizing the Everman Independent School District to conduct the direct sale of a tax-foreclosed property located at 1050 Savage Drive for a total cost of$600.00 to Highland Hills Missionary Baptist Church, in accordance with Section 34.05 of the Texas Property Tax Code;and 2. Authorize the City Manager or his designee to execute appropriate instruments to transact the sale. DISCUSSION: The property located at 1050 Savage Drive was struck off to Everman Independent School District("ISD")for$7,725.46 at a tax foreclosure sale on April 5,2005. The total due under the judgement is$6,110.05, The appraised value of the property on the date of the judgement was $10,019.00, and the current appraised value is$69,696.00. A bid packet was submitted in the amount of$600.00 by Highland Hills Missionary Baptist Church to purchase the property. In accordance with Section 34.05 of the Texas Property Tax Code,the ISD is authorized to conduct a direct sale of tax-foreclosed property to a buyer. Section 34.05(i)requires any amount less than the amount due for taxes and fees be approved by all taxing entities before conveying the property. Thus,the ISD is requesting the City approve the sale of this property. Property Address Legal Description Constable Deed Court Cost Cost Estimated Post Amount Judgment Taxes 1050 Savage Drive Abstract 1198 AKA $7,725.46 $1,426.00 $600.00 $1,319.81 Tract 1C01,Oldham Leigh Survey The property is located in COUNCIL DISTRICT 8. A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION/CERTIFICATION: The Director of Finance Certifies that approval of these recommendations will have no material effect on City funds. Submitted for City Manager's Office by: Kevin B Gunn 2015 Originating Business Unit Head: Steve Cooke 5134 Additional Information Contact: Roger M.Venables 6334 Niels Brown 5166