7.
Commissioners Court - Regular Session
- Meeting Date:
- 10/25/2016
- Title:
- Approve the resale of property held in trust
- Submitted For:
- Deborah Hunt
- Submitted By:
- Judy Kocian, County Tax Assessor Collector
- Department:
- County Tax Assessor Collector
- Agenda Category:
- Consent
Information
Agenda Item
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 Williamson County, Texas to the City of Taylor, Texas, and Taylor Independent School District pertaining to property described as "A 40 ft x 150 ft tract out of the P. Coursey Survey, Abstract 131, City of Taylor, Williamson County, Texas (described as 0.11 Acre on the Williamson County Tax Rolls, Account No. R018976 being that property more particularly described in Volume 425, Page 551 of the Deed Records, Williamson County, Texas.
Background
Williamson County filed a lawsuit to collect delinquent property taxes on behalf of Williamson County, Taylor Independent School District, and The City of Taylor, Texas vs. Issac Edwards et al. In December 2008, a judgment was signed ordering foreclosure of the tax lien. Pursuant to the Property Tax Code, in May 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 May 2009, and therefore has not produced any property tax revenue. Mr. Jacky Jones has offered to purchase the property for the property’s current market value as determined by the Williamson Central Appraisal District. By accepting this offer, the County is taking this property out of tax exempt status, and placing it back onto the tax rolls to create property tax revenue.
It is our recommendation to accept this offer by the Jacky Jones.
It is our recommendation to accept this offer by the Jacky Jones.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Wendy Coco | 10/20/2016 02:20 PM |
- Form Started By:
- jkocian
- Started On:
- 10/20/2016 09:56 AM
- Final Approval Date:
- 10/20/2016