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HomeMy WebLinkAboutRES 10-016 RESOLUTION NO. 10-016 WHEREAS, a paving lien dated April 10, 1931, in the amount of $6,274.17, represented by $715.20 in principal and $5,558.97 in interest, exists against property described as Lots 51, 52, 53 and 54, Block 6 of Langham to Beaumont Addition; and WHEREAS, on December 10, 1982, Mary Guidry and Morris Senegal purchased Lots 51 and 52, Block 6 of Langham to Beaumont Addition, and said paving lien was not discovered and cleared at that time; and WHEREAS, Mary Guidry and Morris Senegal are attempting to sell Lots 51 and 52, Block 6 of Langham to Beaumont Addition and the net balance of the pending sale will be greatly diminished by said lien; and WHEREAS, the City recommends calculating the lien payoff for Lots 51 and 52, Block 6 of Langham to Beaumont Addition at half the original principal and through December 10, 1982, for a total payoff of $2,179.89, represented by $357.60 in principal and $1,822.29 in interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the lien payoff for Lots 51 and 52, Block 6 of Langham to Beaumont Addition be and it is hereby calculated at half the original principal and through December 10, 1982, for a total payoff of $2,179.89, represented by $357.60 in principal and $1,822.29 in interest. BE IT FURTHER RESOLVED THAT the City Manager is hereby authorized to executed all documents necessary to evidence the release of the pavement lien in the amount of$2,179.89 against the above described property. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 26th day of January, 2010. \\, �Y� zj9m� 411 - Mayor Becky Ames - i I, ley;\ "i