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<br /> 09/09/97 13:19 ft15124476675200 CLGP - AUSTIN ~~~ S.M. LEGAL DEPT. IàJ 002 <br /> LAW OFFICES <br /> CALAME LINEBARGER GRAHAM & PEÑA, L.L.P. <br /> 1949 SOUTII I.H. 3S <br /> P.O. BOX 174l8 <br /> AUSTIN, TEXAS 78760 <br /> Telephone: (512) 441.6675 <br /> Fac;ìmilc: (512) 443-3494 <br /> F. Duane Force <br /> September 9, 1997 <br /> Mr. Richard Howell <br /> Office of the City Attorney <br /> City of San Marcos <br /> Via Fax Only: 5121393-3983 <br /> <br /> RE: Consideration of Sealed Bids on Tax Foreclosed Properties <br /> SUPPLEMENTAL INFORMATION <br /> Dear Mr. Howell: <br /> As you requested. I am setting forth below the amounts which the city itself would <br /> recover if the highest bids received are approved by the council. <br /> L Bid of $1,500 by Richard Deleon on Property R40081: $ 516.27 to City (57.4% recovery) <br /> 2. Bid of $8,000 by Jose Regino on Property R35304: $1305.14 to City (78.3% recovery) <br /> 3. Bid of $6,900 by Stephen Tittle on Property R47951: $1670.181:0 City (87.1% recovery) <br /> 4. Bîd of $1,500 by Vance Elliou on Property R47400: $ 333.09 to City (31.5% recovery) <br /> 5. Bid of $3,500 by David Garcia on Property R35312: $ 868.46 to City (37.5% recovery) <br /> 6. Bid of $500 by Maria Fuentes on Property R35342: $ 117.34 to City (10.6% recovery) <br /> 7. Bid of $500 by Maria Fuentes on Property R35340: $ 116.94 to City (10% recovery) <br /> Please let me know if additional information i~ needed. <br /> Sincerely. <br /> ~/~~~ <br /> F. Duane Force <br />