M&C Review


COUNCIL ACTION:  Approved on 3/21/2017 

DATE: 3/21/2017 REFERENCE NO.: **L-16013 LOG NAME: 21PMD TF DIRECT SALE 5237 FLETCHER AVENUE
CODE: L TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT:  

Authorize Direct Sale of Tax-Foreclosed Property Located at 5237 Fletcher Avenue for a Total Cost of $8,800.00 to The Bluebird Group, in Accordance with Section 34.05 of the Texas Property Tax Code (COUNCIL DISTRICT 3)


RECOMMENDATION:

It is recommended that the City Council:

1.  Authorize the direct sale of tax-foreclosed property located at 5237 Fletcher Avenue for a total cost of $8,800.00 to The Bluebird Group, in accordance with Section 34.05 of the Texas Property Tax Code; and

2.  Authorize the City Manager or his designee to execute and record the appropriate instrument conveying the property to complete the sale.

 
DISCUSSION:

The interested buyer submitted a direct sale request to the Property Management Department to purchase the tax-foreclosed property referenced below.  The City of Fort Worth received the property through a Constable Sale after a tax-foreclosure suit.  In accordance with Section 34.05 of the Texas PropertyTax Code, the City is authorized to conduct a direct sale of tax-foreclosed property to a buyer.

Property Address

Legal Description

Constable Deed Amount

CFW Fees

Total Cost

Zoning

5237 Fletcher Avenue

Lots 19 and 20 Chamberlain Arlington Heights 2nd

$7,200.00

$1,600.00

$8,800.00

A-5

Staff recommends selling the referenced property to the buyer, who is responsible for all related costs, including providing proof of payment of the post-judgment taxes prior to the conveyance of the property.  The total cost includes the constable deed amount, court costs and city fees.  The Planning and Development Department reviewed the current zoning of the property and determined the zoning classification of the property is compatible with respect to the existing land use of the surrounding neighborhood and future land use designations indicated in the Comprehensive Plan.  

The property is located in the COUNCIL DISTRICT 3, Mapsco 362 D4.

This M&C does not request approval of a contract with a business entity.





 
FISCAL INFORMATION/CERTIFICATION:

The Director of Finance certifies that the Property Management Department is responsible for the collection, deposit and reimbursement of funds.  Upon receipt, the amount of $8,800.00 will be deposited into the General Fund, Tax-Foreclosed Property Sale Fee account for disbursement to the County for the purpose of distributing proceeds to the taxing entities and paying applicable fees.  

TO
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

FROM
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

Submitted for City Manager's Office by:
Jay Chapa (5804)
Originating Department Head:
Steve Cooke (5134)
Additional Information Contact:
Andrew Virdell  (5469)

 
 
ATTACHMENTS
  5237 FLETCHER M AND C MAP.pdf