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AI- 7370   4. A. 2.    
Commissioners Court - Regular
Meeting Date: 05/25/2016  
68 Lots in Rancho Amistad - Approval of Group Sale Foreclosure
Submitted By: Tyner Little, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider approval of foreclosure auction of 68 lots in the Rancho Amistad Subdivision with an opening bid of 15% of the appraised value as one combined parcel on the June 4, 2016 foreclosure auction.
BACKGROUND
Selling all the lots in the subdivision may allow a developer to finish the subdivision. If the opening bid is not received, then the sale of individual lots will resume.
DISCUSSION

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Request Letter and attachment - Rancho Amistad

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