It is recommended that the City Council:
  
1. Authorize the direct sale of a tax-foreclosed property located at 2123 Bethune Street, Fort Worth, Texas, to Juanita Gibson in accordance with Section 34.05 of the Texas Tax Code for a sales price of $5,870.42; and

2. Authorize the City Manager, or his designee, to execute and record the appropriate instruments conveying the property to complete the sale.

On January 6, 2009, the City of Fort Worth (City) received the below referenced property through a Constable's Sale as a result of a tax foreclosure. The City is authorized to conduct a direct sale of tax-foreclosed property to a buyer for the lesser of the market value specified in the judgment amount of foreclosure or the tax judgment amount plus any accrued court costs. A written confirmation of intent to purchase the property was received from Juanita Gibson for use as her primary residence.
  
Staff recommends selling the property to Juanita Gibson. As part of the property sale, staff will request the release of all existing City liens and collect authorized property management and administrative fees. Staff will also request that the Financial Management Services Revenue Office prorate labor charges attributable to the property described below so that the property may be conveyed free of encumbrances. Juanita Gibson is responsible for all closing cost on this transaction.
  
The Planning and Development Department has reviewed the current zoning of this property and determined that the zoning is compatible with respect to existing land use, the existing land uses of the surrounding neighborhood and future land use designations indicated by the Comprehensive Plan.
  

Address		Legal Description	Price		Zoning
2123 Bethune Street		Block 2, Lot 7, Stallcups	$5,870.42		A-5
		Third Filing Addition

This property is located in COUNCIL DISTRICT 5, Mapsco 79P.