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RESOLUTION 2009-145R <br />• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE SALE OF A TRACT <br />OF PROPERTY LOCATED AT 624 MAURY STREET BY THE <br />SAN MARCOS CONSOLIDATED INDEPENDENT SCHOOL <br />DISTRICT, TRUSTEE; AND DECLARING AN EFFECTIVE <br />DATE. <br />RECITALS <br />1. The San Marcos Consolidated Independent School District ("SMCISD"), as trustee for all <br />local taxing units, is the owner of the tract of property at 624 Maury Street (the "Property") through a <br />sheriffs sale of the Property for unpaid taxes. <br />2. SMCISD has received an offer of $17,500 for the Property from Mr. Mark Patterson, <br />which is less than the amount of taxes owed on the Property, and less than the appraised value of the <br />Property according to the Hays County Appraisal District. <br />3. The City's tax attorneys have forwarded the bid to the City Council for consideration, and <br />has also forwarded the bid to the other taxing entities for their respective consideration. <br />4. City approval of the bid is necessary for the sale since the bid is for less than the amount <br />of taxes owed on the property. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br />PART 1. The sale of the Property by the San Marcos Consolidated Independent School <br />District, Trustee, for $17,500 is approved. <br />PART 2. The Mayor, Susan Narvaiz, is authorized to execute a deed for this sale on behalf <br />of the City of San Marcos. <br />PART 3. This Resolution shall be in full force and effect from and after its passage. <br />ADOPTED on the 20th day of October 2009. <br />Susan Narvaiz ?16 <br />Mayor <br />Attest: <br />Sherry Mashbefn <br />City Clerk <br />0