HomeMy WebLinkAboutContract 42616 CITY SECRETARY���
CONTRACT NO.
SETTLEMENT AGREEMENT AND MUTUAL RELEASE
This Settlement Agreement and Mutual Release (hereinafter "Agreement") is
made by Javier Arguelles (hereinafter "Arguelles") and the City of Fort Worth
(hereinafter "City") by its authorized Assistant City Manager.
A. Recitals
1. Arguelles has alleged that the City sold to him tax-foreclosed property that
the City had previously sold to Cooper Brougher. The property is described as 917 NW
Loraine Street, Fort Worth, Texas, known as Lot 5, less right-of-way, Block 52, Hunter's
Subdivision of M. G. Ellis Addition to the City of Fort Worth, according to plat recorded
in Volume 5522, Page 657, County Records, Tarrant County, Texas. The Correction Tax
Resale Deed purporting to convey the property is attached as Exhibit A.
2. The City denies any liability or wrongdoing.
3. To avoid the uncertainties, annoyance, and expense of litigation, Arguelles
and the City have agreed, without any party making any admission to any other party, to
settle the disputes and controversies related to the purchase of 917 Loraine.
B. Agreement, Releases & Covenants
4. The City, in consideration for the execution of this agreement and in full
and final settlement of all of Arguelles's claims against the City related to the purchase of
917 Loraine, agrees to pay Javier Arguelles $5,579.15 to be used by Arguelles to
purchase a replacement property that Arguelles has chosen: 2817 NW 17th Street, Lot 9,
Block 135. Belmont Park Addition ("property").
ORIGINAL OFFICIAL RFCCi 0
CITY SECRETARY
Settlement Agreement and Mutual Release SC if
5. Arguelles, in consideration for the execution of this agreement, agrees to
pay the City the $5,579.15 that he obtains through this agreement as payment for the
property. Payment to Arguelles shall be contemporaneous with Arguelles's purchase of
the property. The parties acknowledge that they understand that this agreement is
contingent on Arguelles's purchase of the property.
6. The City, in consideration for the execution of this agreement, agrees to
convey the property to Arguelles in the form of Exhibit B, attached and incorporated for
all purposes, Tax Resale Deed Without Warranty.
7. Arguelles acknowledges and agrees that he is solely responsible for the
payment of all outstanding property taxes for the property including all post judgment
taxes and interest.
8. Arguelles acknowledges that the sale of the property is "as-is" and that he
takes subject to all liens,judgments, taxes, or any other encumbrances.
9. Arguelles, in consideration for the execution of this Agreement and the
payment of the settlement amount and other consideration as stated in the Agreement,
forever releases, acquits, and discharges the City, together with the City's officers,
employees, legal representatives, subsidiary organizations, that might be liable, from all
claims, demands, charges, and costs of court, including but not limited to attorney fees
and causes of action of whatever nature, on any legal theory arising from the
circumstances surrounding the purchase of 917 Loraine, and from all liability and
damages of any kind, known or unknown, arising from the events surrounding the
purchase ofthe 917 Loraine. N�hcthcr in contract or in tort.
Settlement Agreement and Mutual Release Page 2 of 2
10. Arguelles accepts this consideration in full satisfaction of all damages or
claims that are owed to him or that may be owed to him by the City. And Arguelles
understands this is a compromise and settlement of all matters against the City as well as
any other claim he may have against the City arising from the purchase of the property.
11. Arguelles understands his acceptance of the consideration is in full accord
and satisfaction of the claims made against the City with regard to the purchase of
917 Loraine, and the City's payment of consideration is not an admission of any liability.
12. In executing this release, Arguelles acknowledges that he is not relying on
any statement or representation of the City or any of its agents regarding the matters in
dispute. Arguelles further acknowledges that he is relying on his own judgment in this
matter. Arguelles has read the contents of this release and understands the legal
consequences of this release. Arguelles understands that this release shall operate as a
full, complete, and final release and settlement of all claims he has made against the City
with regard to the purchase of the 917 Loraine.
13. Arguelles acknowledges that this Agreement is a complete, written
statement of the terms and conditions of the settlement. And Arguelles signs this
Agreement of his own free will and accord.
14. The City shall pay the settlement amount and convey the property to
Arguelles within thirty days of the Agreement's execution.
C. Other Provisions
15. This Agreement reflects the entire agreement between the City and
Arguelles. There are no other agreements. either written or oral. and the execution of this
Settlement Agreement and Mutual Release Page 3 of 3
agreement supersedes all earlier representations, negotiations, or agreements about this
matter.
16. This Agreement shall be governed and construed by the laws of the State of
Texas.
Executed: (ICE , 2011.
vier Arguel e
By:
Eliza eth Rivera
Attorney for Javier Arguelles
City of Fort Worth, Texas
By:
sSu an Alanis,
istant City Manager
Attested byR W= o�d
0
o , IF
nx�,
_ d
0
Ronald P. Go=les,Asst. City Secre 00 0000 b
APPROVED AS FORM AND EGALITY: C)I2-5-
`:or.tract Authorization
. 9
B 1�
y prato
Christopher B. Mosley
Senior Assistant City Attorney OFFICIAL RLCORD
CTY SECRETARY
F WORT"Settlement Agreement and Mutual Release Pact, 4 or4
VERIFICATIONS
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, Notary Public in and for the State of
Texas, on this day personally appeared Javier Arguelles, known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that he
executed the same for the purposes and consideration therein expressed, and in the
capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this ay of October,
2011.
H1 rh
HEATHER PULIDO
'P Notary Public,State of Texas
My Commission Expires ota Pu lic in and fo he State of Texas
July 19, 2014
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, Notary Public in and for the State of
Texas, on this day personally appeared Susan Alanis, known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that she
executed the same for the purposes and consideration therein expressed, and in the
capacity therein stated.
1,41 A qV lam'
GIVEN UNDER MY HAND AND SEAL OF OFFICE this (:�l day of �,
2011.
It, +UNDA M.HIRRUNGER
IRE MY COMMISSION EXPIRES
F ,a�y2,zot4 Notary Public in and for the S to of Texas
i
OWIC,IIAL 14 :ORD
CITY SECR TARY
Settlement Agreement and Mutual Release T. W j*
r
i i rr •
t N ICE OF CONFJDENTIALITV RIGHTS:
f'fi- OU ARE A NATU17AL, PERSON,YOU MAY REMOVE OVE OR STRIKE ANY OR A1,L
-01 FIRE FOLLOWING INFORMATION FROM THIS INSTRUMENT RIMORk IT 1S
�,=D LFOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY
1LR OR YOUR DRIVER'S LICENSE NUMBER
CORRECTi N TA V 000 ALE DEED
After rccordial;p[east return to,
S',AT , XAO-k - F
''�'� `i 7 KjktkWm Dvmpert,Lid Agot
COUTi°FY l?.'' T�"�RRA�AIT�. Cif(1tFrrt Woofi
Real Pro4krt)Scrvlcee
="" � ' Er• iheeritlg[k.parttt�eat
T crC�f!'of Fort Worth, a mimic..; al co 9 1.1`t'uc strcu$ ik 30
�- P' *Poration 9tot�'N'S�'16tlstai�tl�'>60Y�s,
Grantor, acting';ktd t gh arc A Ott, its duly authorized Assistant City Manager, acting
for the use and ben fttl�• is `• `
`�,1�Wont, Independent School District, and the State
of Texas, Coup o�'
tY � '�
4 want County Water Control and Improvement District
No. 1, Tarrant County and Tarrant County Junior College, hereinafter
referred to collectively as" par o,forancj ; 'dgsideration of One Thousand One Hundred
Fifty Dollars and OQJI00's Sow�44 a 0 it by Javier Argilelles, "Grantee" the rce(;ipl
and suf iieiency of which is hembl� "wledged. degs\onvey unto the said Javier Arguelles,
all of its right, title and interest acquired or he b/t `
9 of Y f ra�,tor in and to the following described
real property sitvatexl in Tarrant County, axar�fo wlt , `�JJ
I J•�r_
Lut 5, leas flow, Block 52, M. G. ,�dquo), (County description - J. W
Bunter Subdivision of Block 52), an addition tRrt;ftw of opt Worth,Tarrant County,
Texas.
Said property having been acquired by Grantor an&71t7w��inp tt�ld.by Grantor pursuant
to deed dated September 4, 1973, to Grantor herein, which' dr "lves, c,r�ded in VA1ume
5522,Page 657, County Records, Tarrant County, Texas,on SedteMber~l 1, 1 Y13.
This derd is rrersitrA to correct the Tax Resale Deed tra '3r�h t�
memoralize that the Grantee's name on the first and third page`was,n'_-9'r"rea1 and the
correct name of the Grantee is Javier Arguelles,
This Tax Resale Deed N made subject to, and Grantee aeknowled� s, file,,y�? of
redemption as provided in the texas I ax (:ode, V.T.C.
Aka:011 I.-rains
�craT `,�:;�k/ t nt EXHIBIT
i�
Grantee acknowledges that Grantor has not made and does not make any representations
s trite physical condition, or any other matter affecting or related to the property or an
!' r/fn 'rOv�rnents thereon.
ACCEPTANCE OF THIS DEED, GRANTEE TAKFi:.S ANr.>I ACC:EP'rS
T F,r"P O, RTY "AS IS", WITH ALL FAULTS, IF ANY. GRANTEE,
1f��cam,.;
A°�^a`70. GES AT THE^� , [ Ic Pit(11PERTY CONDITION IS A, MATERIAL PART OF
THE �OrS GC' ICY FOR xHE PURCHASE. GRANTEE HAS HAD AN
OPPO`* � f%\S,!P)�CT��•�
U>R / " TI1E PROPERTY- GRA,NTU" HAVE NOT MADE
AND Da. 's��i- M A ANY R>F;PRESN�AT"IONS As T
O THE PHYSICAL,
C UNDITION,11. i'IVESS_y FOR INTENDED USE, LAYOUT, ZONING,
MERCHANTABl I V, 0.k +NV-IATHER MATTER AFFECTING THE PROPIF'RTV;
GRANTEE EXPR\`FSSL y e WLEDGES THAT NO SUCH REPRESENTATIONS
HAVE BEEN MAD HAVE NOT MADE, oo NOT MAKE, AND
SPECIFICALLY DiS I r REPRESENTATIONS REGARDING
COMPLIANCE WITH O"tNTAL POLLUTION, OR LAN
1 ID 1.1SL'
RULES,REGULATIONS 0R1 Uj1dMENTS,
i
C.=tc X ressl- dlscl"aim" at'.l: \
P i by tl p-accc INUl ;of this deed Grantee acsvlo: :;:lgcs
and agrees that Grantor has disclaims ;�ans�a d,lal! xpress or implied zepresentahons,
warranties,or guaranties,of any kind,thA,mi tt vdi iSe cotrunon law as well as the warranties
in the Tcxas Property Code, concerning tli ¢rft�nc�imrmvrrnprtte thereon, including
without limitation (1) the value, condition, �m rc taMlity, habitability, marketability,
profitability, or fitness for A particular use or u" '"~
p r�se�-.Rc^prokrty and way improvZrncntS
thereon, (2) the manner or quality of the construction Pr r1a eri-,S)incorporated into any such
improvements,and mpah,quality,state of repair or lack re _o�air c�{'aztY.LUCh improvements.
r
This Tax Rcsalc Decd is expressly made and acceptedrrby�cfa subject to any a<,d all
restnetions,existing casements,rights-of-way, and prescriptive`i�hts,-AyQ f record or not,
all presently recorded and validly existing instruments, covenartl con3itibns,`z.oning laµs,
regulations, ordinances of municipal and other governmental aut�iQaiies,�and rcdervations,
,n.cluding, but not limited to, minerals previously reserved or conveyed;it aiyN;clNrrtto the
- -----—-
property,but only to the extent that they are still in effect.
Ake:917 Loraine —
I Jy\
AND TO HOLD all of its right, title and interest in and to the above describmd
1• r.
/pt$htis , together with, all and singular, the rights and appurtenances thereto in any manner
Jf.?t5 in'g DNo Javier Arguelles,and assigns, forever, so that neither Grantor nor its successors
a�,d ,r,�r emOn or persons claiming under it,shall at any time hereafter have,claim,
ordeM a> I/ rigtjl or interest to the aforesaid property,premises or appurtenances,or any
part thrreof.,,�
nn xt requires,singular nouns and pronouns include the plura).
� J
IN r S�o►rHEREOF, this instrument is cxetuted un the flay of ff- .�^
G�c;v�fJ r z
CITY OF FORT WORTH
•;I,larc A.Ott,Assist t City M er
Grantee's Address:
Javier Argdelles l/r '✓
al l Fark Strect ;/ • -h
Fort Worth,Texas 76106
p Z.,TO=wr AND LEGALITY:
� f 13 �
C t+eie,Assistant City Attorney
STATE OF TEXAS
COUNTY OF TARRANT
BEFORE ME, the un,te,aigcied authority, on thi)�da rsotra ty`nppeared Marc A. (Ar,
known t., •`---�
me to be the person and officer whose name 1�C sub Sc r{ibetl to the R-)rcguln€
instrument, and acknowledged to me that he executed the satr es f ac dn(I-feed of the Ciiy
of Fort Worth, a municipal corporation of Tarrant County, �Icx'a5 �or_tl�je�'�+urposc and
consideration therein cxprmed and in the capacity therein stated. i-
GIVEN UNDER MY HAND AND SEAL OF OFF1C �this..�li day or
«
+"�="•-`•�•,.,�Lary public in:v,<d Cor the State vi Tom -
Aka! 917 t.oralnt i ,j��
NOTICE OF CONFIDENTIALITY RIGHTS:
IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY
OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT
THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS
FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY
NUMBER OR YOUR DRIVER'S LICENSE NUMBER
TAX RESALE DEED
WITHOUT WARRANTY
STATE OF TEXAS §
COUNTY OF TARRANT §
THAT the City of Fort Worth, a municipal corporation of Tarrant County, Texas,
Grantor, acting by and through Susan Alanis, its duly authorized Assistant City Manager,
acting for the use and benefit of itself and the STATE OF TEXAS, COUNTY OF
TARRANT, LAKE WORTH INDEPENDENT SCHOOL DISTRICT, LAKE
WORTH COUNTY EDUCATION DISTRICT, TARRANT COUNTY COLLEGE
DISTRICT, TARRANT COUNTY RIGHT OF WAY, TARRANT COUNTY
HOSPITAL DISTRICT AND TARRANT COUNTY REGIONAL WATER
DISTRICT,hereinafter referred to collectively as "Grantor", for and in consideration of
and 00/100 Dollars ($ ), paid to it by , "Grantee", the receipt and
sufficiency of which is hereby acknowledged, does convey unto the said Grantee, all of
its right, title and interest acquired or held by the Grantor in and to the following
described real property situated in Tarrant County, Texas, to wit:
(LEGAL DESCRIPTION)
The City of Fort Worth was named Grantee on its own behalf and on behalf of
the taxing entities named above in a deed dated , which was recorded in
Instrument No. 1) , County Records, Tarrant County, Texas, on
%t&C NO). 1 -
Exhibit B
This Tax Resale Deed Without Warranty is made subject to, and Grantee
acknowledges, the right of redemption as provided in the Texas Tax Code, V.T.C.A.
Grantee acknowledges that Grantor has not made and does not make any
representations as to the physical condition, or any other matter affecting or related to the
property or any improvements thereon.
BY THE ACCEPTANCE OF THIS DEED, GRANTEE ACKNOWLEDGES
AND AGREES THAT GRANTOR HAS NOT MADE, DOES NOT MAKE AND
SPECIFICALLY NEGATES AND DISCLAIMS ANY REPRESENTATIONS,
WARRANTIES, PROMISES, COVENANTS, AGREEMENTS OR GUARANTIES
OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR
IMPLIED, ORAL OR WRITTEN, PAST, PRESENT OR FUTURE, OF, AS, TO,
CONCERNING OR WITH RESPECT TO (A) THE VALUE,NATURE, QUALITY
OR CONDITION OF THE PROPERTY INCLUDING, WITHOUT LIMITATION,
THE WATER, SOIL AND GEOLOGY, (B) THE INCOME TO BE DERIVED
FROM THE PROPERTY, (C) THE SUITABILITY OF THE PROPERTY FOR
ANY AND ALL ACTIVITIES AND USES WHICH GRANTEE MAY CONDUCT
THEREON, (D) THE COMPLIANCE OF OR BY THE PROPERTY OR ITS
OPERATION WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS
OF ANY APPLICABLE GOVERNMENTAL AUTHORITY OR BODY, (E) THE
HABITABILITY, MERCHANTABILITY, MARKETABILITY, PROFITABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OF THE PROPERTY, (F) THE
MANNER OR QUALITY OF THE CONSTRUCTION OR MATERIALS, IF ANY,
INCORPORATED INTO THE PROPERTY, (G) THE MANNER, QUALITY,
STATE OF REPAIR OR LACK OF REPAIR OF THE PROPERTY, OR (H) ANY
OTHER MATTER WITH RESPECT TO THE PROPERTY, AND
SPECIFICALLY, THAT GRANTOR HAS NOT MADE, DOES NOT MAKE AND
SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS REGARDING
COMPLIANCE WITH ANY ENVIRONMENTAL PROTECTION, POLLUTION
OR LAND USE LAWS, RULES, REGULATIONS, ORDERS OF
REQUIREMENTS, INCLUDING SOLID WASTE, AS DEFINED BY THE U. S.
Aka: M&C No. L-
ENVIRONMENTAL PROTECTION AGENCY REGULATIONS AT 40 C.F.R.,
PART 261, OR THE DISPOSAL OR EXISTENCE IN OR ON THE PROPERTY
OF ANY HAZARDOUS SUBSTANCE AS DEFINED BY THE
COMPREHENSIVE ENVIRONMENTAL RESPONSE COMPENSATION AND
LIABILITY ACT OF 1980, AS AMENDED, AND REGULATIONS
PROMULGATED THEREUNDER. GRANTEE FURTHER ACKNOWLEDGES
THAT IT IS NOT RELYING ON ANY INFORMATION PROVIDED OR TO BE
PROVIDED BY GRANTOR RELATING TO THE PROPERTY. AS A
MATERIAL PART OF THE CONSIDERATION FOR THIS DEED, GRANTOR
AND GRANTEE AGREE THAT GRANTEE IS TAKING THE PROPERTY "AS
IS" WITH ANY AND ALL LATENT AND PATENT DEFECTS AND THAT
THERE IS NO WARRANTY BY GRANTOR THAT THE PROPERTY IS FIT
FOR A PARTICULAR PURPOSE. GRANTEE ACKNOWLEDGES THAT IT IS
NOT RELYING UPON ANY REPRESENTATIONS, STATEMENTS,
ASSERTIONS OR NON-ASSERTIONS BY THE GRANTOR WITH RESPECT
TO THE PROPERTY CONDITION. GRANTEE TAKES THE PROPERTY
UNDER THE EXPRESS UNDERSTANDING THAT THERE ARE NO EXPRESS
OR IMPLIED WARRANTIES. IT IS UNDERSTOOD AND AGREED THAT THE
BID AMOUNT AND THE SUBSEQUENT PURCHASE PRICE HAVE BEEN
ADJUSTED TO REFLECT THAT ALL OF THE PROPERTY IS SOLD BY
SELLER AND PURCHASED BY PURCHASER SUBJECT TO THE
FOREGOING. GRANTEE ACKNOWLEDGES AND ACCEPTS ALL THE
TERMS AND PROVISIONS BY ITS ACCEPTANCE HEREOF.
This Tax Resale Deed Without Warranty is expressly made and accepted by
Grantee subject to any and all restrictions, existing easements, rights-of-way and
prescriptive rights, whether of record or not; all presently recorded and validly existing
instruments, covenants, conditions, zoning laws, regulations, ordinances of municipal
and other governmental authorities and reservations, including, but not limited to,
minerals previously reserved or conveyed, if any, relating to the property, but only to
the extent that they are still in effect.
Aka: M&C No. L-
TO HAVE AND TO HOLD all of its right, title and interest in and to the above
described premises, together with, all and singular, the rights and appurtenances thereto
in any manner belonging unto Grantee, and assigns, forever, so that neither Grantor nor
its successors and assigns, nor any person or persons claiming under it, shall at any time
hereafter have, claim or demand any right, title or interest to the aforesaid property,
premises or appurtenances, or any part thereof.
When the context requires, singular nouns and pronouns include the plural.
[REMAINDER OF PAGE IS INTENTIONALLY BLANK.]
Aka: M&C No. L-
IN WITNESS WHEREOF, this instrument is executed on the day of
2011.
CITY OF FORT WORTH
By:
A�sistai4 City Manager
APPROVED AS TO FORM AND LEGALITY:
f
By:
'A'ssistant City Attorney
City of Fort Worth
Please Return Recorded Deed To:
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, on this day personally appeared Susan
Alanis, known to me to be the person and officer whose name is subscribed to the
foregoing instrument, and acknowledged to me that he executed the same as the act and
deed of the City of Fort Worth, a municipal corporation of Tarrant County, Texas, for
the purpose and consideration therein expressed and in the capacity therein stated.
Ad
GIVEN UNDER MY HAND AND SEAL OF OFFICE this n day of
I I VO4AAI 2011.
4UT(P,-
LINDA M.HIRRUNGER
.. s u1VCOMMISSIONEXPIRES of ry Public in and for the Stat f T qxas
FebW2'p14 OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Aka: M&C No. L-
F Ivt&:-i Review Page 1 of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA FOR »
COUNCIL ACTION: Approved on 9/27/2011
DATE: 9/27/2011 REFERENCE NO.: **L-15253 LOG NAME: 17NW17TH
CODE: L TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT: Authorize the Payment of$5,579.15 to Javier Arguelles in Settlement of a Claim Against
the City of Fort Worth and Authorize the Sale of Tax-Foreclosed Property Located at
2817 NW 17th Street to Javier Arguelles (COUNCIL DISTRICT 2)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the tax-foreclosed property located at 2817 NW 17th Street to Javier Arguelles in
accordance with Section 34.05 of the Texas Tax Code and authorize payment by the City of Fort
Worth of the purchase price in the amount of$5,579.15, plus closing costs, in settlement of claim by
Javier Arguelles; and
2. Authorize execution and recording of the appropriate instruments conveying the property to
complete the sale.
DISCUSSION:
In 2007, Mr. Cooper Brougher(Mr. Brougher) filed suit against the City of Fort Worth and Mr. Javier
Arguelles (Mr. Arguelles) under Cause No. 48-223469-07. Mr. Brougher alleged that he purchased
the property located at 916 NW Loraine Street from the City on July 2, 1985, and the same property
was subsequently sold to Mr. Arguelles on March 21, 2006. After Mr. Arguelles purchased the
property from the City, Mr. Arguelles made improvements to the property. Ultimately, Mr. Brougher
was able to obtain clear title to the property and the City settled the lawsuit by paying $1,855.00 to
Mr. Brougher.
Because Mr. Arguelles had paid for the property and made improvements to the property, Mr.
Arguelles through his attorney made a claim against the City. In order to settle Mr. Arguelles claim
against the City, Staff has negotiated the following: 1) the payment of$5,579.15 and 2) sale of the
tax-foreclosed property at 2817 NW 17th Street to Mr. Arguelles.
The City received 2817 NW 17th Street through a Constable's Sale after a tax-foreclosure suit. The
City is authorized to convey a tax-foreclosed property to a buyer for the lesser of the market value
specified in the judgment or the tax judgment amount, plus any accrued post-judgment taxes or court
costs.
The Planning and Development Department has reviewed the current zoning of this property and
determined that the zoning classfication of the property is compatible with respect to the existing land
use, the existing land uses of the surrounding neighborhood, and future land use designations
indicated by the Comprehensive Plan.
ADDRESS LEGAL DESCRIPTION PRICE ZONING
2817 NW 17th Street Lot 9 Block 135
Belmont Park Addition $5,579.15 A-5
Staff recommends that the City of Fort Worth pay Mr. Arguelles $5,579.15 as full settlement of his
claim against the City of Fort Worth, and sell the property at 2817 NW 17th Street to Mr. Arguelles for
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=15627&councildate=9/27/201 1 11/1/2011
M&G— Review Page 2 of 2
$5,579.15, if he chooses to buy the property.
This property is located in COUNCIL DISTRICT 2, MAPSCO 61 F.
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that funds are available in the current
Operating Budget, as appropriated, of the Risk Management Fund.
TO Fund/AccounVCenters FROM Fund/AccounVCenters
GG01 240126 0000000 $5,579.15 FE71 534050 0137120 $5,579.15
Submitted for City Manager's Office by: Susan Alanis (8180)
Originating Department Head: Jay Chapa (5804)
Additional Information Contact:
Cynthia Garcia (8187)
Katherine Davenport (7923)
ATTACHMENTS
2817nw17th.pdf
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=15627&councildate=9/27/201 1 H/1/2011