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Auditor-Controller recommending the Board authorize the Auditor to disburse excess proceeds as follows:
1) Marina View Corporation - Person with Title of Record - $9,750.39;
2) Mildred E. Rotter - Person with Title of Record - $3,421.36;
3) Ronald and Aileen Yure - Person with Title of Record - $3,421.36;
4) George Wertheim - Person with Title of Record - $2,223.83;
5) Alejandro and Maria Urreaga - Person with Title of Record - $3,421.36; 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 051-210-08-100 was sold for $22,238.30 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 has reviewed the claims and supporting documents and is of the opinion that the claimants named herein are entitled to the proceeds.
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