HomeMy WebLinkAbout2021/01/12-Attachments-M&C 21-0040City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 01/12/21 M&C FILE NUMBER: M&C 21-0040
LOG NAME: 21 PMD TF DIRECT SALE 1341 & 1345 BLODGETT AVE
SUBJECT
(CD 9) Authorize the Direct Sale of Two Tax -Foreclosed Properties, Located at 1341 Blodgett Avenue and 1345 Blodgett Avenue, for a Total Cost
of $8,572.82 to Ismael Colchado in Accordance with Section 34.05 of the Texas Property Tax Code
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the direct sale of two tax -foreclosed properties, located at 1341 Blodgett Avenue and 1345 Blodgett Avenue, for a total cost of
$8,572.82 to Ismael Colchado in accordance with Section 34.05 of the Texas Property Tax Code; and
2. Authorize the City Manager or his designee to execute and record the appropriate instruments conveying the properties to complete the
sale.
DISCUSSION:
The interested buyer submitted direct sale requests to the Property Management Department to purchase the tax -foreclosed properties
referenced below. The City of Fort Worth (City) received the properties through a constable sale after a tax -foreclosure suit. Both properties have
been previously offered at multiple sealed bid sales, but did not sell. In accordance with Section 34.05 of the Texas Property Tax Code, the City is
authorized to conduct a direct sale of tax -foreclosed property to a buyer.
TAD
Property
Constable
CFW
Total
Account
Legal Description
Deed
Purchase
Zoning
#
Address
Amount
Fees
Price
1341 Blodgett
Lot 18, Block 3,
03378373
Ave
Weisenberger Addn
$2,686.41
$1,600.00
$4,286.41
B
#4
1345 Blodgett
Lot 17, Block 3,
03378365
Ave
WeisenbergerAddn
$2,686.41
$1,600.00
$4,286.41
B
#4
Staff recommends selling the referenced properties to the buyer, who is responsible for all related costs, including providing proof of payment of
the post -judgment taxes prior to the conveyance of the properties. The total cost includes the constable deed amounts and City fees. The
Development Services Department has reviewed the current zoning of the properties and determined the zoning classifications of the properties
are compatible with respect to the existing land use of the surrounding neighborhood and future land use designations indicated in the
Comprehensive Plan.
Upon receipt, the amount of $8,572.82 will be deposited into the General Fund Tax -Foreclosed Property Maintenance Fee and Tax Foreclosed
Sales accounts for disbursement to the County for the purpose of distributing proceeds to the taxing entities and paying applicable fees.
The properties are located in COUNCIL DISTRICT 9.
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 upon approval of the above recommendations and the execution of the sale, the funds will be deposited into
the General Fund for disbursement to the County for the purpose of distributing proceeds to the taxing entities and paying applicable fees. The
Property Management Department (and Financial Management Services) is responsible for the collection, deposit and reimbursement of funds.
Submitted for City Manager's Office by. Dana Burghdoff 8018
Originating Business Unit Head: Steve Cooke 5134
Additional Information Contact: Ricardo Salazar 8379
Andrea McIntosh 6253