Title
Treasurer-Tax Collector recommending the Board adopt and authorize the Chair to sign Resolution 181-2021 granting approval to sell tax-defaulted properties at public auction noting said sale to be conducted on Wednesday, March 31, 2022.
FUNDING: General Fund.
Body
DISCUSSION / BACKGROUND
Pursuant to Sections 3694, 3698, 3698.5 and 3699 of the California Revenue & Taxation (R&T) Code, notice is given of intent to sell at a public auction on Wednesday, March 31, 2022, with respect to the properties that are "subject to the power to sell." Chapter 7, Part 6 of Division 1 of the R&T Code provides the Tax Collector with the power to sell property that has been tax defaulted for five or more years.
The property list is attached to this item as Attachment C. Following Board of Supervisor's adoption of this resolution, the Treasurer-Tax Collector Department will mail certified notices to all parties of interest, publish the list of properties scheduled for sale, and conduct a public auction on March 31, 2022.
ALTERNATIVES
N/A
PRIOR BOARD ACTION
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
Joe Harn, Auditor-Controller
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
Revenues to the General Fund are not known until after the public auction concludes in March. Administrative costs for preparing, mailing, and publishing required legal notices are included in the FY 2021-2022 budget.
CLERK OF THE BOARD FOLLOW UP ACTIONS
The signed Resolution is to be filed by the Board Clerk's office and a certified copy will be forwarded to the Treasurer-Tax Collector Department.
STRATEGIC PLAN COMPONENT
Good Governance
CONTACT
K. E. Coleman, MBA, Treasurer-Tax Collector