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Home My WebLink AboutRes 2021-09-994 Sale of Real Property Acquired at a Delinquent Tax Foreclosure SaleRESOLUTION NO.: 97021" DI 4Qy A RESOLUTION APPROVING THE SALE OF CERTAIN REAL PROPERTY ACQUIRED AT A DELINQUENT TAX FORECLOSURE SALE, AS PROVIDED BY SECTION 34.05 OF THE TEXAS PROPERTY TAX CODE. WHEREAS, pursuant to a delinquent tax collection lawsuit, Case Number 199-00205-2011, Anna Independent School District v. William Bentley Powell and tax foreclosure sale of property described as being all that certain tract of land known as Lot 14A, in the 75 North Addition to the City of Anna, Texas, and being more particularly described in that certain deed of record in Volume 641, Page 287, of the Deed Records of Collin County, Texas, ("The Property") was struck off to Anna Independent School District, City of Anna, Collin County and Collin County Community College District, and WHEREAS, the City of Anna desires to resell The Property pursuant to Section 34.05 of the Property Tax Code; and WHEREAS, it is in the best interest of the City of Anna and its taxpayers to return this property to a productive use; and WHEREAS, Syed Hague has made an offer to purchase the property for the sum of Fifteen Thousand, Five Hundred dollars and zero cents ($15,500.00), and WHEREAS, the City of Anna desires to authorize Collin County to act as Trustee to offer The Property for sale pursuant to Section 34.05 of the Texas Property Tax Code, NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF ANNA, ANNA, TEXAS THAT: Section 1. The City of Anna agrees to sell, convey and transfer The Property acquired at the above - described tax sale to Syed Hague for the sum of D 15,500.00 as authorized by Section 34.05, Texas Property Tax Code, and that the proceeds of the sale shall be distributed as provided by section 34.06, Texas Property Tax Code. The City Council hereby authorizes the Mayor to sign the resale deed on behalf of the City of Anna. Section 2: This Resolution shall take effect immediately from and after its passage in accordance with the provisions of the law. PASSED and Approved by the City of Anna on this 28t' day of September, 2021or AIV "ate Pike, Mayor City Secretary PERDUE BRANDON FIELDERCOLLINS&MOTT LLP ATTORNEYS AT LAW July 145 2021 Alan Guard, Director of Finance City of Anna P. O. Box 776 Anna, TX 7540M776 Re: Offer from Syed Ha ue R079900001401, Lot 14A, 75 North Addition Dear Mr. Guard: Syed ,Hague has offered to purchase what was previously the property (Being_au that certain tract of land known as Lot 14A, m the City of Anna 'Texas, and being more particularly described in that Volume 641, Wage 287, of the Deed Records of Collin County, Texas), 500 East Border, Suite 640 Arlington, Texas 76010 p: 817-461-3344 f: 817-86MS09 w: www.pbfcm.com William Bentley Howell 75 North Addition to the certain deed of record in for $1595000000 This property was sold at a Sheriff's Sale on June 5, 2012 pursuant to delinquent tax collection suit number 199-00205-2011. There were no bidders and the property was struck off to the Anna ISD and other taxing jurisdictions. The property's most recent value according to the Apppraisal District is $22,000,00, The property was struck off for the total judgment amount, $6,443.90 which includes taxes, penalties an interests, costs of court, and costs of sale. Pursuant to the Texas Property Tax Code, the court costs and costs of sale must be paid first out of the proceeds of a resale. The remainder would be distributed to the taxing jurisdictions pro-rata. Those costs total $1,196.00. A breakdown of amounts each taxing entity will receive is enclosed. As the offer of $15,500.00 is sufficient to pay4all amounts due under the judgment, this sale meets the criteria of Texas Property Tax Code §.05(h) and does not require the consent of the other taxing units in the Judgment. If your entity decides to accept this offer, enclosed for execution is an _Approval of Private Tax Sale Per Texas Property Tax Code Sec. 34.05(i) prepared for this resale. When the Approval is executed, please return it to me so that I can finalize the transaction. If you have any questions or need additional information, please do not hesitate to call me. Sincerely, AMARILLO ARLINGTON AUSTIN CONROE EDINBURG GARLAND HOUSTON LUBBOCK MIDLAND PLANO SAN ANTONIO TYLER WICHITA FALLS PERDUE BMNDON FIELDERCOLLINS&MOTT LLP ATTORNEYS AT LAW 500 East Border, Suite 640 Arlington, Texas 76010 p: 817461-3344 f: 817=860-6509 w: www.pbfcm.com Cause No. 199-00205-2011, Anna Independent School District Vs. William Bentley Powell Property Description: Being all that certain tract of land known as Lot 14A, in the 75 North Addition to the City of Anna, Texas, and being more particularly described in that certain deed of record in Volume 641, Page 287, of the Deed Records of Collin County, Texas Property struck off: June 5, 2012 -NORTH PARK FERN P.9APLC: NW 71 I �Ln. 'v 'i 11 I IM; '• - rrooeft ID: 1015494 I egal. 75 NORTH ADDITION •a u:r'. LOT 14A fill . Ownel . ANNA LSD/CM OF H65 ANNA/COLLIN COUNTY/CCCD nc I of Srtu-: RIGGINS ST N ANNA, TX 75409 Anne �Y Details NI5 IJI 11�9 V1 ' f I 14 � EN RICMAR ON ( NNAJ - l 11 W t') LANGLt'Y i � l�Ilh j 't��tnl AMARILLO ARLINGTON AUSTIN CONROE EDINBURG GARLAND HOUSTON LUBBOCK MIDLAND PLANO SAN ANTONIO TYLER WICHITA FALLS PERDUE B RAN D O N 500 East Border, Suite 640 T3 Arlington, Texas 76010 FIELDERCOLLINS&MOTT LLP p: 817461-3344 ATTORNEYS AT LAW f: 817-860-6509 w: www.pbfcm.com FINANCIAL IMPACT OF BID ACCEPTANCE BID FOR: 75 North Addition (CAN), Lot 14A Riggins St N, Anna PROP. N0, R079900001401 PROPOSED BID: $15,500.00 CAUSE NO: 199-00205-2011 STRIKE OFF DATE: June 5, 2012 JUDGMENT DATE: December 6, 2011 CURRENT VALUE: $22,000000 BID BY: Syed Haque TAXES DUE JURISDICTION AT THE TIME OF JUDGMENT RATIO Anna ISD $3,441.16 63.9% City of Anna $1,209.49 2205% Collin Cnty/CCD $731.25 13.6% Total Taxes $5,381.90 100.00% Bid Amount: $15,500.00 Distribution: Collin County District Clerk $1 196.00 Anna ISD $9,145.90 City of Anna $3,214.58 Collin County $1,438419 Collin College $505.33 Anna ISD Judgment years $3,575.00 Post judgment years $2,314.51 Excess to ISD $31256.39 City of Anna Judgment years $1 257.42 Post judgment years $977.39 Excess to City $97937 Prepared:?/13/2021 AMARILLO ARLINGTON AUSTIN CONROE EDINBURG GARLAND HOUSTON LUBBOCK MIDLAND PLANO SAN ANTONIO TYLER WICHITA FALLS Approval of Private Tax Sale Per Texas Property Tax Code Sec. 34.05(1) Property That tract of real property located in Collin County, Texas described by the Description Collin County Tax Office and the tax maps of Collin County, Texas as `75 NORTH ADDITION (CAN) LOT 14ACollin CAD (Geo) No. R079900001401 a described further in the judgment and orders in Cause No. 199-00205-2011 — Anna Independent School District v Powell. Grantor(s): Collin County, Collin County Community College District, City of Anna, Anna Independent School District Grantee(s): Syed Haque Sales Price $15,500.00 CITY OF For ANNA (Taxing Unit) Printed Title: C/ /G% �� , ACKNOWLEDGMENT THE STATE OF TEXAS COUNTY OF COLLIN This ins ument was acknowledged before me on the day of , 202� by e �_ � , as the act and deed of the taxing unit so represented above. Notary Public, State of Texas NOTES: Tract 6 iroi .;o��•"Y `�'8�,,• CABBIE L. LAND =•: �° My Notary W � 11419404 off o f < +" Exores February 4, 2023