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HomeMy WebLinkAboutRES 89-114 R E S O L U T I O N WHEREAS, weed abatement liens are on record against several lots in Cartwright Terrace Addition and Crockett Addition which are now owned by the Beaumont Bank; and, WHEREAS, these liens are for abatement of violations which occurred under a previous ownership before the Beaumont Bank acquired the property through foreclosure after a bankruptcy and were in no way the fault of the Beaumont Bank; and, WHEREAS, since acquiring the property, the Beaumont Bank has maintained it in compliance with all City ordinances; and, WHEREAS, the Beaumont Bank wishes to secure the release of the liens in order to clear the title to the lots for sale of the property to a prospective developer; and, WHEREAS, the Beaumont Bank has tendered to the City an offer for release of the liens in the amount of $2, 475 , which amount would be sufficient to enable the City to recover all costs associated with the liens, including administrative costs as well as mowing costs, plus a reasonable payment in lieu of interest; and, WHEREAS, it would be in the best interest of the City of Beaumont to accept the offer for release of the liens in that it would mean full cost recovery for the City and promote community development by restoring the property to a productive use. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the appropriate City official be, and is hereby, authorized to execute a release of the weed cutting liens against property described in Exhibit A in consideration of a payment in the amount of $2,475 from the Beaumont Bank. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 6th day of June 1989. Mayor - Exhibit "A" The liens involved are as follows: L39 - 40 B 5 Crockett 826. 05 L31-32 B 5 Crockett 446. 87 L3-16, B 34 Cartwright Terrace 949. 58 L7-9, B2 Crockett 431. 46 L9, B 31 Cartwright Terrace 673 . 40 Lll, B 31 Cartwright Terrace 454.58 L12 , B 31 Cartwright Terrace 223 .44 L9, 10, 11, 12, 13 B 25 Cartwright 460. 26 Ll-9, B 1 Crockett 1, 959. 54 L10, B 31 Cartwright Terrace 449. 96 L12, B 2 Crockett 215.73 N. 25ft T-A, Block 2, Crockett 443 .79 7,534. 66