Untitled Texas Attorney General Opinion

E GENEEZAI. Honorable Herbert C. Martin ,District Attorney Littlefield, Texas Dear Sir: Opinion No. 0-3806 Whether lots purchased by a city under Section 9 of Article 7345b, V.A.C.S., may be sold for less than the amount of judgment against the same. In your letter of August 21, 1941, you advise that the city of Olton, as a taxing unit, purchased a number of lots situated in said city for the use and benefit of itself and other taxing units which were parties to such suit, in a proceeding under Article 7345b, Vernon's Bnnotated Civil Statutes. The other taxing units which were parties to said suit were the State and county and an independent school dis- trict. It is assumed that two and a half years have not passed since the sale at which the city bought the lots. You request our opinion as to whether or not the said city of Olton may now sell said lots for an amount less than the amount of the judg- ments:~renderedagainst the property in said suit. Under the provisions of Sections 8 and 9 0f.sai.d Article 7345b a taxing unit party to the foreclosure suLt may purchase the property foreclosed,upon. In the event such property is bought by one of the taxing units, such unit purchases the same for the use and benefit of itself and all other taxing units which are parties to the suit and which have been adjudged in said s,uitto have tax liens against the prope*y. Nowhere in the statute is there an absolute prohibi- tion against the sale of such property by the purchasing unit. On the other hand, by clear implication, such a unit may sell the property thus acquired, subject to certain restrictions contained In the act. It is provided that the purchasing unit may not sell any such property for less than the adjudged value or the total amount of judgments awarded in said suit against the property, whichever is lower, without the written consent of all taxing units which obtained judgments fixing their tax liens against the property foreclosed upon in said suit. It is our opinion that the said city of Olton may sell Honorable :HerbertC. Martkn, page 2 (o-3886) sald property for an amount less than the total recoveries allowed in said suit against the same, with the consent of the State and cotintyand the independent school district. Consent in behalf of the State may be given by the county tax collector. . . If there . was an adjudged value, and the amount for which the property 1s sold excaeds such adjudged value, sale may be made by the city without obtaining the consent of the other units. APPROVED SEP 8, 1941 Yours very truly /s/ Grover Sellers ATTORNEY GENERAL OF TEXAS FIRST ASS~ISTANTATTORNEY GENERAL GRL:WFS-dhs By /s/ Glenn R. Lewis Glenn R. Lewis Assistant APPROVED IIPINIONCOMMITTEE