HomeMy WebLinkAboutRES 21-231RESOLUTION NO. 21-231
WHEREAS, one (1) demolition lien, dated January 8, 2009, in the amount of
$29,317.88, represented by $12,851.70 in principal; $16,760.03 in interest, and, $16.00
in lien assessment fee exists against property described as 2270 Avenue C, Wilcox L4
L5 B1; and,
WHEREAS, Momentum Title Company, on behalf of owner George Koch, Jr., is
offering to compromise and settle the amount of the payoff of the lien for the principal
amount of $12,851.70 and lien assessment fee in the amount of $16.00, for property
described as 2270 Avenue C, Wilcox L4 15 B1; and,
WHEREAS, the City recommends approving payment in the amount of
$12,867.70, being $12,851.70 in principal and $16.00 in lien assessment fee, for the
payoff of one (1) demolition lien on property described as 2270 Avenue C, Wilcox L4 15
B1 and waiving interest in the amount of $16,760.03 is in the best interest of the City of
Beaumont;
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 compromise payoff of the demolition lien for 2270 Avenue C, Wilcox 14
L5 B1 be and it is hereby approved in the settlement amount of $12,867.70, being
$12,851.70 in principal and $16.00 in lien assessment fee abatement fee; and, interest
be and it is hereby waived in the amount of $16,760,03; and,
BE IT FURTHER RESOLVED THAT the City Manager is hereby authorized to
execute all documents necessary to evidence the release of one (1) demolition lien in
the amount of $29,317.88 for the above described property in return for the payment of
$12,867.70 in principal and lien assessment fee.
The meeting at which this resolution was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 28th day of
September, 2021.
gF� Mayor Robin Mouton - 1,
1101,