Loading...
HomeMy WebLinkAboutRES 13-175 RESOLUTION NO.13-175 WHEREAS, a demolition lien, dated January 11 , 2007, in the amount of$29,789.48 represented by $17,924.00 in principal, $11,849.48 in interest and $16.00 in fees, exist against property described as 1438 College Street, Blanchett 1, W 1/2 Lot 73 to Lot 75, Block 7; and, WHEREAS, Demetria Juarez is attempting to sell the property described as 1438 College Street, Blanchett 1, W 1/2 Lot 73 to Lot 75, Block 7 and the net balance of the pending sale will be greatly diminished by said lien; and, WHEREAS, the City recommends approving payment in the amount of$10,000.00 for a demolition lien on property described as 1438 College Street, Blanchett 1 , W 1/2 Lot 73 to Lot 75, Block 7 and waiving principal in the amount of$7,924.00, waiving interest in the amount of $11,849.48 and waiving fees in the amount of $16.00; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT the lien payoff for 1438 College Street, Blanchett 1, W 1/2 Lot 73 to Lot 75, Block 7 be and it is hereby approved in the amount of $10,000.00, principal be and it is hereby waived in the amount of $7,924.00, interest be and it is hereby waived in the amount of $11,849.48 and fees be and are hereby waived in the amount of $16.00 and; BE IT FURTHER RESOLVED THAT the City Manager is hereby authorized to execute all documents necessary to evidence the release of the demolition lien in the amount of $29,789.48 for the above described property in return for the payment of $10,000.00 principal. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 20th day of August, 2013. M Aw .rd��puo,�`�! � t �� a �p �0 Mayor Becky Ames - •� eft� 'mss