Discuss, consider and take appropriate action on a resolution authorizing the Presiding Officer of the Williamson County Commissioners Court to execute a Deed without Warranty from the City of Taylor, Texas, Taylor Independent School District, and the Williamson County Education District and Williamson County, Texas to Taerim Lee pertaining to 0.14 acre being Lot 5 Block 6 Baker Addition to the City of Taylor, Williamson County, Texas being that property more particularly described in Plat Cabinet A, Slide #176 of the Plat Records, Williamson County, Texas and Document #2009041706 of the Official Public Records, Williamson County, Texas.

In 2008, Williamson County filed a lawsuit to collect delinquent property taxes on behalf of itself, Taylor Independent School District, the City of Taylor, Texas, and the Williamson County Education District vs. Freddie Peterson et al. On March 2, 2009, a judgment was signed ordering foreclosure of the tax lien. Pursuant to the Property Tax Code, in June, 2009, the property was offered for sale at a public tax foreclosure sale. The property did not receive a bid and was taken into trust by the County for the use and benefit of all the taxing jurisdictions. This property has been held in trust with an exempt status since June 2009 and has therefore been completely exempt from taxation since that date. Taerim Lee, a resident of Austin, Texas has tendered a purchase offer of $3,200.00 which is an amount greater than the adjudged market value of the property. By accepting this offer, the County would remove this property from tax-exempt status, meaning the property will once again generate tax revenue for all the taxing units listed above.

 For the reasons stated herein, it is my recommendation to accept this offer by Taerim Lee.