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Land Bank property swap - Enter into a contract to sell property located at 115 North Drake to Juan Carlos Cruz and purchase property located at 108 North Bridge and 112 North Bridge from Juan Carlos Cruz
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RES-19:043 was approved by the city council on April 16, 2019 and signed by Mayor Harold Perrin on April 18, 2019.
Tract 1: Lot 11-12, Block 9, Matthews Addition - 112 North Bridge
Tract 2: Lot 13 in Block 9 of Matthews Addition - 108 North Bridge
The deed was filed in the Circuit Clerk's Office on May 31, 2019, in 2019R-010786.
NOTE: Mr. Cruz was placed in default in November 2019 for not completing work on the property within the time period allowed, but the default was rescinded in the January 14, 2020 Land Bank Commission meeting because Mr. Cruz had made significant progress on the house remodel.
Attachments included are:
RES-19:043
Warranty Deed
Owner's Policy of Title Insurance
Real Property Transfer Tax Affidavit of Compliance
Settlement Statement