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File #: 14-4032    Version: 1 Name: Foreclosed Properties Sale
Type: Agenda Item Status: Consent Agenda
File created: 9/2/2014 In control: Engineering
On agenda: 9/16/2014 Final action: 9/16/2014
Title: Authorize Sale of Fifteen Tax Foreclosure Properties
Attachments: 1. LOTS_MAP_AUG_SOLD, 2. AUGUST 27, 2014 BID RESULTS

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Title

Authorize Sale of Fifteen Tax Foreclosure Properties

 

Presenter

Bill Crolley, Director of Planning and Development

 

Recommended Action

Approve

 

Analysis

These properties were struck off to the taxing jurisdictions by Sheriff’s Deeds for delinquent taxes, penalties, interest and court costs.   The City advertised seventeen  tax foreclosure properties for sale by sealed bids with a bid opening on August 27, 2014.   Responsive bids were received for fifteen of these properties, as follows:

 

1830 Holland Street: ($1,000.00 Min Bid) - Lot

                     Victor Reyes                                                                                    $4,800.00                                                               High Bidder of 3

 

1718 Avenue E: ($2,000.00 Min Bid) - Lot

                     Victor Reyes                                                                                    $10,500.00                                                               High Bidder of 8

 

2024 W. E. Roberts: ($1,500.00 Min Bid) - Lot

                     Clemente Luna                                                               $1,800.00                                                               High Bidder of 1                     

 

1913 El Paso: ($2,000.00 Min Bid) - Lot

                     Franco Patino                     $2,177.00                                          High Bidder of 1

 

525 NW 17th: ($500.00 Min Bid) - Lot

                     Victor Reyes                     $1,200.00                                          High Bidder of 1

 

1922 Beaumont Street: ($1,000.00 Min Bid) - Lot

 

                     Eulisses Joven                     $1,800.00                                          High Bidder of 1

 

1934 Beaumont Street: ($1,000.00 Min Bid) - Lot

                     Luethel Stephens                     $1,100.00                                          High Bidder of  1

 

1805 Beaumont Street: ($1,000.00 Min Bid) - Lot

                     Victor Reyes                     $5,500.00                                          High Bidder of 3

 

2028 Holland Street: ($1,500.00 Min Bid) - Lot

                     Clemente Luna                     $2,600.00                                          High Bidder of 2

 

2217 Beaumont Street: ($1,000.00 Min Bid) - Lot

                     Victor Reyes                     $4,500.00                                          High bidder of 1

 

1714 Rosewood Street: ($500.00 Min Bid) - Lot

                     Julian Leyva                     $1,015.00                                          High Bidder of  1

 

1810 Beaumont Street: ($1,000.00 Min Bid) - Lot

                     NO BIDS

 

9 Nelson Street: ($500.00 Min Bid) - Lot

                     Alejandro Alvarez                     $1,100.00                                          High Bidder of 2

 

10 Nelson Street: ($500.00 Min Bid) - Lot

                     Alejandro Alvarez                     $1,100.00                                          High Bidder of 2

 

1937 El Paso: ($1,000.00 Min Bid) - Lot

                     NO  BIDS

 

1505 Avenue C: ($500.00 Min Bid) - Lot

                     Huy Tran                     $1,050.00                                          High Bidder of 4

 

1318 Avenue C: ($500.00 Min Bid) - Lot

                     Huy Tran                      $1,100.00                                          High Bidder of 2

 

This item will authorize the City Manager or his designee to execute quitclaim deeds to the successful bidders for these properties at the respective purchase prices.

 

Financial Consideration

These properties are currently off the tax roll. After the sale they will return to the tax roll and the new owner will be responsible for maintenance.