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LINEBARGER GOGGAN BLAIR & SAMPSON, LLP ATroxxevs AT LAW The Terrace II 2700 Via Fortuna Drive, Suite 400 P. O. BOX 17428 AUSTIN, TEXAS 78760 512/447 -6675 ext 3833 FAX 512/443 -3494 Douglas Steven Bird, Partner email to sieve hirdr ��ublicans cum May 6, 2010 Mr. Carter Scherff, Assistant Superintendent For Business and Operations Hays Consolidated Independent School District 21003 IH 35 Kyle, Texas 78640 Re: Suit No. 08 -0951, City of San Marcos and Hays Consolidated Independent School District vs. Teresa Ann Garza, et al; A 28' X 44' Oakwood Manufactured Home, situated at 236 Silver Peak Drive, Space 50, Saddelbrook Mobile Home Park, City of San Marcos, Hays County, Texas. Tax No, M117687 Dear Carter: We have received an offer for purchase of the above - described property situated within the Hays Consolidated Independent School District and the City of San Marcos. We originally offered this property for public auction on April 6, 2010. There were no bids at that time and the property was therefore struck off to the taxing units. The property is now held by the Hays Consolidated Independent School District in trust for itself, the City of San Marcos and Hays County. Because the current offer of $5,000.00 is less than the minimum bid at foreclosure it requires formal action by the school district, the city and county to either approve or reject the bid. Enclosed you will find an analysis made on the bid as well as a proposed Bill of Sale. If the bid is accepted the Bill of Sale will need to be properly executed. The analysis contains information to be considered when reviewing the bid. The amount of the bid and the identity of the bidder are given. The date of foreclosure and the amount of the judgment liens held by the school district, the city and the county, as well as the appraised value of the property are noted. The costs of suit and sale are listed as these amounts, consistent with statutory requirements, are paid from the bid before any credit is given to the tax liens. The post judgment taxes are also noted as these amounts are paid from the bid as well. Also enclosed is an estimate made by the potential purchaser in making this property liveable along with photographs of the property's current condition. If you prefer that I be available to answer potential questions at the board meeting in which you will schedule this as an agenda item, please do not hesitate to let me know. And should you have any questions prior to the meeting, please feel free to call anytime.