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Auditor-Controller recommending the Board authorize the Auditor-Controller to disburse excess proceeds from a Sale of Tax Defaulted Property for the following Assessor's Parcel Numbers (APN) based on section 4675 of the Revenue and Taxation Code:
1) APN 038-101-17 Julie Shular, sold for $20,492.02 more than the amount required to satisfy delinquent taxes & costs of the sale.
2) APN 500-123-68 Franchise Tax, sold for $409.05 more than the amount required to satisfy delinquent taxes & costs of the sale.
3) APN 526-314-03 Jon Stevens, sold for $1,680.69 more than the amount required to satisfy delinquent taxes & costs of the sale.
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Background: On November 5, 2010, 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 section 4675, were notified that the properties identified herein were sold for more than the amount required to satisfy delinquent taxes & costs of the sale. Valid claim(s) have been filed for the excess proceeds due to the sale of the property. The Auditor-Controller's office has reviewed the claim(s) adn supporting documents and is of the opinion that the claimant(s) are entitled to the proceeds pursuant to R&T Code 4675.
Action to be taken following Board approval: The Auditor-Controller will disburse funds as directed.
Contact: Joe Harn