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Title
Authorize Sale of Two Tax Foreclosure Properties (1905 Galveston; 338 E. Coral Way) and reject bids for 1401 Ranch Road and 1701 Corral Road
Presenter
Bill Crolley, Director of Planning, Development and Transportation
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 four foreclosure properties for sale by sealed bids with a bid opening on November 30, 2016, (see attached map for locations). Responsive bids were received for all four properties, as follows:
1905 GALVESTON STREET: ($7,800.00 Min Bid) - Lot
• Jesus Morales $15,200.00 High Bidder of 9
• Paradiso $8,000.00
• Maria C. Bustio $13,500.00
• Tulio Bustillo $15,025.00
• Luis DeJesus $9,001.06
• Julian Leyva $11,010.00
• Hillstone Construction $8,150.00
• Saul Zuniga $11,100.00
• Victor Reyes $12,600.00
TIMES OFFERED FOR SALE: 1
338 East Coral Way: ($8,800.00 Min Bid) - Lot
• Ana and Victor Reyes $16,700.00 High Bidder of 8
• Jesus Morales $15,200.00
• Julian Leyva $15,012.00
• Louis De Jesus $9,500.06
• Juan R. Zuniga $9,000.00
• Hillstone Construction $10,100.00
• Saul Zuniga $10,500.00
• Orlando Dominguez $10,025.00
1401 Ranch Road: ($6,200.00 Min Bid) - Lot
• Ignacio Magana $11,000.00 High Bidder of 5
• Huy Tran $8,600.00
• Hillstone Construction $6,250.00
• Horacio Ramirez $10,567.00
• Julian Leyva $7,009.00
TIMES OFFERED FOR SALE: 1
1701 Corral Road: ($6,200.00 Min Bid) - Lot
• Ignacio Magana $21,500.00 High Bidder of 10
• Huy Tran $9,600.00
• Julian Leyva $16,011.00
• Ruben Nolasco $11,100.00
• Juan R. Zuniga $6,500.00
• Hillstone Construction $6,250.00
• Jonathan Gonzalez $15,068.00
• Orlando Dominguez $16,100.00
• Julia B. Rueda $7,742.27
• Tulio Bustillo $14,025.00
TIMES OFFERED FOR SALE: 1
Due to the current condition of the street network in the Matthew Road Mobile Home Estates Subdivision, we recommend the bids on 1401 Ranch Road and 1701 Corral Road be rejected. These properties may be advertised at a later date.
This item will authorize the City Manager or his designee to execute quitclaim deeds to the successful bidders for 1905 Galveston Street and 338 East Coral Way 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.