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Auditor-Controller recommending the Board authorize the Auditor to disburse the excess proceeds as follows:
1) Marina View Corporation - Person with Title of Record - $9,680.72;
2) Mildred E. Rotter - Person with Title of Record - $3,396.91;
3) Ronald and Aileen Yure - Person with Title of Record - $3,396.91;
4) George Wertheim - Person with Title of Record - $2,207.94;
5) Alejandro and Maria Urreaga - Person with Title of Record - $3,396.91; and
6) Unclaimed - R&T Code §4674 - $0.
Subsequent to Board action, Auditor-Controller recommending the Board authorize the Auditor to notify all valid claimants of the Board's action(s) and disburse proceeds as determined by the Board.
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Fiscal Impact/Change to Net County Cost
No net impact.
Background
On November 01, 2013, a Sale of Tax Defaulted Property was conducted by the Treasurer-Tax Collector's office. Parties of interest, as defined by Revenue & Taxation (R&T) Code §4675, were notified that the property identified as APN 051-011-20-100 & 051-011-22-100 was sold for $22,079.39 more than the amount required to satisfy delinquent taxes & costs of the sale. Valid claims have been filed for the excess proceeds due to the sale of the property. The Auditor-Controller's office has reviewed the claims & supporting documents & is of the opinion that the claimants are entitled to the proceeds pursuant to R&T Code §4675.
Reason for Recommendation
The recommendation is based on §4675 of the Revenue and Taxation Code.
Follow Up Actions
The Auditor-Controller will disburse funds as directed.
Contact
Joe Harn