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R-05-06-09-10A2 - 6/9/2005RESOLUTION NO. R -05-06-09-10A2 WHEREAS, the City of Round Rock is mandated by V. T. C.A. , Tax Code §31.11 to refund, upon taxpayer application to the tax collector of its taxing unit and upon verification by the auditor of its taxing unit, any overpayment or erroneous payment of taxes; and WHEREAS, if such amount exceeds $500.00, then the governing body of the taxing unit must also determine that the payment was erroneous or excessive and must approve the refund, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the following named taxpayer, Bridge Foxfire Partners, LTD has made an overpayment or erroneous payment of 2002 taxes in the amount of $814.58; that such amount is in excess of $500.00; that such overpayment or erroneous payment has been verified by the Tax Collector; and that application for refund has been made to the Tax Collector by said taxpayers. The Council further finds and makes a determination that the payment was erroneous or excessive; and further approves such refund in the amount of $814.58. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. @PFDPsktop\::ODMA/WORLDOX/O:/WDOX/RESOLUTI/RS0609A2.WPD/sc RESOLVED this 9th day of June, 2005. E +r L, Mayor City of Round Rock, Texas ATTEST: CHRISTINE R. MARTINEZ, City Secretor( 2 Board of Directors Don Paull, Chairman Robert Tagge, Vice -Chairman Harry Gibbs, Secretary Deborah Hunt Brig Mireles Bill Carroll, Chief Appraiser billIc@wcad.org Williamson County Appraisal -District May 10, 2005 510 W. 9'h Street Georgetown, Texas 78626 (512) 930-3787 — Austin Metro (512) 352-8542 — Taylor Metro (512) 930-0391 — Facsimile Jim Nuse, City Manager City of Round Rock 221 E. Main Round Rock, Texas 78681 Re: Cause No: 02-489-C368; Bridge Foxfire Partners LTD v. Williamson County Appraisal District Dear Mr. Nuse: A settlement has been reached on the attached referenced lawsuit for the tax years 2002 and 2003. The settlement was the result of an Agreed Final Judgment between the District and the Plaintiff in this suit. (Please see attached Agreed Motion for Final Judgment and Final Judgment). The Plaintiff has agreed to waive the interest due. If you have any questions, please feel free to call. Sincerely, e a eG'.ee Bill Carroll Chief Appraiser BC/abl Enclosure Jcc: Forrest Child, NC Williamson County Appraisal District Supplementary Change 2002 Entities: Parcell Record No: Name: Address: Address: City, State, ZIP: Legal Description: Situs Address: GWI RFM SRR CRR W09 R-16-0130-0000-0049A(R055207) BRIDGE-FOXFIRE PARTNERS LTD % BRIDGE PARTNERS MGMT INC 2950 BUSKIRKAVE STE 312 WALNUT CREEK, CA 94596-2079 AW0130 CURRY, D. SUR., ACRES 9.478 2100 WILLOW BEND DR ROUND ROCK, TX 78664 Personal Property Value: Improvement Non-Homesite Value: Improvement Homesite Value: Land Non-Homesite Value: Land Homesite Value: Ag Market Value: Ag Use: Total Appraised Value: Non -Taxed Exempt: Homestead: Over 65: Disabled Veterans: Homestead Disability: Total Taxable Value: Frozen Tax: Reason for Changes: Wm. T. Carroll, Chief Appraiser Appraiser: Per attached Final Judgment signed 4/22/05 74.1 re,,e ,d Date: 05/10/05 Date: Supplement # • MAY 09 2005 09:30 FR NICHOLS JACKSON DILLA4 965 0010 TO 15129300391 . n,i' 14-cuu:.J inu UI.Jo ru tNX NU. NO, 02-489-C368 BRIDGE FOXFIRE PARTNERS LTD V, WILLIAMSON COUNTY APPRAISAL § iN THE DISTRICT COURT § 368Th JUDICIAL DISTRICT § DISTRICT § WILLIAMSON COUNTY, TEXAS AGREED MOTION FOR FINAL JUDGMENT TO THE I -HONORABLE JUDGE OF SAID COURT; NOW COME Plaintiff, BRIDGE FOXFIRE PARTNERS LTD (`Plaintiff'), and Defendant, WILLIAMSON COUNTY APPRAISAL DISTRICT, ("Appraisal District"), and file this Agreed Motion for Final Judgment, and would respectfully show unto the Court as follows: 1. This is a suit concerning the 2002 and 2003- appraisals for property tax purposes of certain real property of Plaintiff located within the Appraisal District and identified by Appraisal District account number R -16 -0I30 -0000-0049A (R055207).• II. All interested parties have been duly and legally served with, citation as required by law and all conditions precedent to the acquisition of. jurisdiction by this Court have occurred or been done. This Court has jurisdiction of the subject matter and all persons and parties herein, and all matters in dispute between Plaintiff and Appraisal District have been compromised and settled on the terms set forth below: 1. The parties agree that the appraisal rolls of the Appraisal District shall be modified and corrected to reflect the value as set forth herein; and 2. The parties agree that the Appraisal District shall forthwith advise the Assessor for P.02/2 P. 03 each affected taxing unit to (1) change the tax roll and other appropriate records to refiect l_eMEP wne. r Agreed Motion for Final Judgment -- Page 1 of 2 APR 21 :11'5 amulet C/clerk. 4rtllliarma C MAY 09 2005 09:31 FR NICHOLS JACKSON DILLA4 965 0010 TO 15129300391 { nra-:9-Nu.' 'nu ul•au ril rtih IYU• appraised value set forth above; (2) prepare and deliver a supplemental tax bill as required by Chapter 31 and Chapter 42, Subchapter C of the Texas Property Tax Code; and (3) promptly refund to Plaintiff any amounts due pursuant to Property Tax Code Section 42.43. 3. The parties acknowledge that Section 42.43 of the Texas Property Tax Code provides for payment of interest on any refund made as a result of a final determination of an appeal which decreases a property owner's tax liability. Plaintiff hereby waives any such applicable right to receive interest on any refund generated as a result of the entry of the Final Judgment. WHEREFORE, PREMISES CONSIDERED, Plaintiff and Defendant pray that this Agreed Motion for Final Judgment be in all things granted; and for such other and further relief to which the parties are justly entitled. Respectfully submitted. ICLIEWER, I3It2EN, GARATONI, PATTERSON & MALONE, INCORPORATED 1777 N. E. Loop 410, Suite 850 San Antonio, Texas 782I7 (210) 821. 9; Pax: (210) 821-6999 By .BREL State B No. 02 00 ATTORNEYS FOR. PLAINTIFF NICHOLS, JACICSON, DLLLARD, HAGER & SA ATH, L.L.P. 500 N. Alcard Street, Suite 1800 Dallas, Texas 75201 (214) 965-9900; Fax: (214) 965-0010 13y PETER G. SMTTfI State Bar No. 18664300 ATTORNEYS FOR DEFENDANT 1209 0035.1bridee parmers eprs uridec forfire_willtamaen V143\pldgengrd mtp lbr arta Ijam. wpc1 Agreed Motion for Final Judgment -- Page 2 of 2 P.03/0 r. u ** TOTAL PAGE.03 ** NO. 02-489-C368 BRIDGE FOXFIRE PARTNERS LTD V. WILLIAMSON COUNTY APPRAISAL DISTRICT IN THE DISTRICT COURT 368TH JUDICIAL DISTRICT WILLIAMSON COUNTY, TEXAS FINAL JUDGMENT BE IT REMEMBERED that on the date set forth below, Plaintiff, BRIDGE FOXFIRE PARTNERS LTD ("Plaintiff'), and the Defendant, WILLIAMSON COUNTY APPRAISAL DISTRICT, ("Appraisal District") submitted this Final Judgment to the Court for approval pursuant to their Agreed Motion for Final Judgment. The Court, having reviewed the pleadings and the Agreed Motion for Final Judgment containing the agreement of the parties, is of the opinion that this Final Judgment should be granted. IT IS THEREFORE ORDERED, ADJUDGED AND DECREED that the property which is the subject of this cause (the "Property") consists of real property located within the Appraisal District, and is identified by Appraisal District account number R -16-0130-0000-0049A (R055207); IT IS FURTHER ORDERED, ADJUDGED AND DECREED that the Property had a market value on January 1, 2002 in the amount of SIX MILLION AND NO/100 DOLLARS ($6,000,000.00); Plaintiffnonsuited all causes of action and claims for the 2003 tax year and, therefore, IT IS FURTHER ORDERED, ADJUDGED AND DECREED that all Plaintiffs causes of action and claims for the 2003 tax year are dismissed without prejudice; FINAL JUDGMENT — PAGE 1 OF 2 RECEIVED MAY 0 2 2005 WILLIAMSON CAD FILE® at n'rinr4 _An APR 2 2 2005 District Clerk, itliamson o., All costs of Court shall be taxed against the party incurring same. All relief prayed for by either party hereto and not expressly granted is hereby DENIED. This judgment finally disposes of all parties and all claims. SIGNED this- day of ', 005. Judge Presiding APPROVED AS TO BOTH FORM AND CONTENT: KLIEWER, BREEN, GARATONI, PATTERSON & MALONE, INCORPORATED 1777 N. E. Loop 410, Suite 850 San Antonio, Texas 78217 (210) 821-6789; Fax: (210) 821-6999 By l TT .BRE State Ba No. 0 00 ATTORNEYS FOR PLAINTIFF NICHOLS, JACKSON, DILLARD, HAGER & SMITH, L.L.P. 500 N. Akard Street, Suite 1800 Dallas, Texas 75201 (214) 965-9900; Fax: (214) 965-0010 PETER G. SMI H rel State Bar No. 18664300 ATTORNEYS FOR DEFENDANT 1209.003 S:\bridge par mers_apts\bridge roxfire_williamson'02-03\pidgs\judgment revised.wpd By FINAL JUDGMENT - PAGE 2 OF 2 RECEIVED MAY 0 2 2005 WILLIAMSON CAD yr co co • O �n ut O HH mm 0 a in 0 0 N z F H F0� chain ,i CO a H o L FFH0 OEF cHi)H o in O W Lnw U w U o rn OGILn Ell Qaao r a co N o o N U CO H - v E• o FN ....I 2 1 U- W H F C LP a zCCn Ud M a a ▪ 2 g- W d N CL us v el.> r eQ g in 11 p! / H X¢ d H p Q w Pc • w j • Ui o a'; GI L:4 zX W ea,9a , 2 W U §" C co E 0 0 °fir 3 co 01qq F 1D\% N 1-1 00 LID H w 1 N F o o .. U p, W o iNa O N •• PI FC w io CO El W El .4,0 ,� H H PI 0 O R( U £ F o w REMITTANCE# STAT 110317 DA E H 0 0 0 o F in in Woo O ooX FO 0 N \ H o z o ;4 0 a4 U N F Z o W H co o U H CO 0 0 LO U in U U H 0 F Ft o TOTAL ALL ACCOUNTS 1- a ❑ 0 U i O H 2 ❑ -J 0 Z o M N N co U xZ Z 0 H U 0 K m O ce ce 0 U u_ LL cc co } ❑ W 1 J 0 Z 0 O N O ❑ W J LL N C) O W uJ W f z CO CO U d, CO N 0 m M U d) coN 0 LL W v 5 O 0. 0 a` 0 N 0 0 N 0 O DATE: June 3, 2005 SUBJECT: City Council Meeting - June 9, 2005 ITEM: *10.A.2. Consider a resolution authorizing a property tax refund to Bridge Foxfire Partners, Ltd. for 2002 taxes in the amount of $814.58. Department: Finance Department Staff Person: Cindy Demers, Finance Director Justification: State law requires that the governing body approve property tax refunds in excess of $500. This refund is the result of an agreed final judgment approved by the appraisal district reducing the taxable value on the 2002 tax roll. Funding: Cost: $814.58 Source of funds: General and Debt Service Operating Budgets Outside Resources: N/A Background Information: Required process set by law. Public Comment: N/A