HomeMy WebLinkAboutPO 5318: ASSESSMENT LIENSinteroffice
MEMORANDUM
To:
From:
Subject:
Date:
Mayor, City Council, City Manager
Mark T. Sokolow, City Attorney ~
P. O. No. 5318; Council Meeting March 4,
February 28, 2003
Attached is P. O. No. 5318 authorizing the
assessment liens to First American Title Insurance
payment thereof.
MTS/jb
Attachment
2003
assignment of
Co. for full
P. O. No. 5318
02/28/03 jb
ORDINANCE NO.
AN ORDINANCE AUTHORIZING THE ASSIGNMENT OF
ASSESSMENT LIENS TO FIRST AMERICAN TITLE
INSURANCE CO. FOR FULL PAYMENT THEREOF
WHEREAS, the City has an assessment lien pursuant to Ordinance
9S-59 on the following lots: Lots 5-9, Block 30, Lakeside Park IV
and Lots 1-14, Block 32, Lakeside Park IV; and
WHEREAS, the amount of the assessment at the time of Ordinance
98-59 for Lots 5-9, Block 30 was appropriately listed in Ordinance
98-59 as being in the amount of $12,818.41; and
WHEREAS, the amount of the assessment at the time of Ordinance
98-59 for Lots 1-14, Block 32, Lakeside Park IV was appropriately
listed in Ordinance 98-59 as being in the amount of $33,868.28; and
WHEREAS, the First American Title Insurance Co. is willing to
pay the City the full amount of the assessment and late fees owed
on Lots 5-9, Block 30 and Lots 1-14, Block 32, Lakeside Park IV, on
the date of transfer, if the City will in turn transfer its
assessment lien on the above-referenced property to First American
Title Insurance Co.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are
true and correct.
Section 2. That the City Manager is authorized to execute
a transfer of assessment lien in a form to be approved by the City
Attorney and substantially the same form as Exhibit "A# at or about
the time that the City is paid in full for all of the assessments
and late fees on the above-referenced property that are due and
owing to the City under Ordinance 98-59 at the time of payment.
Section 3. That a copy of the caption of this Resolution
be spread upon the Minutes of the City Council.
READ, ADOPTED AND APPROVED on this day of ,
A.D., 2003, at a Regular Meeting of the City Council of the City
of Port Arthur, Texas,
Mayor
by the following vote: AYES:
, City Council
NOES:
ATTEST:
OSCAR ORTIZ, MAYOR
EVANGELINE GREEN, CITY SECRETARY
APPROVED AS TO FORM:
MAR OW, CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
STEVE FITZGIBBONS, CITY MANAGER
EXHBIT "A"
PARTIAL TRANSFER OF ASSESSMENT LIEN
THE STATE OF TEXAS
COUNTY OF JEFFEI~SON
KNOW ALL MEN BY THESE PRESENTS:
Date: September g, 1998
Original Amotmt: THIRTY THREE THOUSAND EIGHT
IIUNDRED SI_XTY~EIOHT AND Tx,VENTY-EIGHT/100
DOLLARS ($33.868.28)
Holder of Assessment: THE CITY OF PORT ARTHUR_
Holder's Mailing Address
Transferee's Mailing Address:
County
FIRST AMERICAN TITLE INSURANCE COMPANY
Assessment is described in the following document: Ordinance 98-59
recorded under Instrument No. 1999009007 in the Office of the County Clerk,
Jefferson County, Texasl an ordinance assessing the cost of varaous road
improvements on Bayou Drive and Prospect Avenue ~n Lakeside Park Addition
IV. Pursuoa~t to Chapter 313 of the Trm~sportation Coda, in The C~ty of Port
A~-thur. Texas
Proporty (including any improvements) Subject to Assessment:
Lots 5, 6. 7, 8 and 9. in Block 30 Lakeside Park Unit 4, of record in the off/ce of
the County Clerk in Volume 15, Page 322 of the Map Records of Jefferson
County, Texas
Holder o f Assessment:
Holder's Maihng Address:
Date: September 8, 1998
Original Amount: TWELVE THOUSAND EIGHT
HUNDRED EIGHTEEN AND FOR. TY-ONE/100 DOLLARS
($12,818.41 ~
THE CITY OF POR'F ARTHUR
Transferee: FERST AMERICAN TITLE 12qSUR. A-NCE COMPANY
transferee's Mailing Address: J~..00
Na~ County
Assessment is described in the following document: Ordinance 98-59
recorded under Instrument No. 1999009007 in the Office o£ the County Clerk,
Jefferson County. Te×as; an ordinance assessing the cost of various road
improvea~,ents on Bayou Dr~ve and Prospect Ave~me in Lakeside Park Addition
IV. Parsuant to Chapter 313 of the Transportation Code, in The City of Port
Arthur, Texas
Property (including any improvements) Subject to Assessment:
Lots 1 through 14, in Block 32 of Lakeside Park Unit 4, Jefferson Cotmty. Texas.
according to the map or plat of said addition of record in Volurnc 10. Pages 79
and 80 of the Map Records of'Jefferson County, Texas.
For value received Holder of the Assessment hereby TRANSFERS the assessment
lien on the above described property, and represents that the unpaid principal and interest
on the note are con-ecfiy stated., BUT it is expressly agreed and understood that this is a
P.tkl~.TIAL TRJkNSFER and that the same shall in no wise release, affect or impair said
ASSESSMENT OR LIEN against any other property in said instrument mentioned,
When the context requires, singular nouns and pronouns include the plural.
TFIE CITY OF PORT A. RTHI_rR.
By:
Name:
Title:
STATE OF__
COUNTY OF
This instmmem was acknowledged he.re me on ~e
2003, by
of TIJ[IE CITY OF PORT ARTHIJR.
day of March,
Notary Public. State of
My Commission Expires: