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File #: 16-0685    Version: 1
Type: Agenda Item Status: Approved
File created: 6/16/2016 In control: Board of Supervisors
On agenda: 6/28/2016 Final action: 6/28/2016
Title: HEARING - Auditor-Controller recommending the Board authorize the Auditor to disburse the excess proceeds as follows: Claimant: El Dorado County Public Administrator Type: Lienholder of Record Recommended Distribution: $20,226.16 Claimant: Estate of Melvin Sherman Jr Dec'd Type: Owner of Record Recommended Distribution: $10,588.86 Claimant: Unclaimed Type: R&T Code §4674 Recommended Distribution: $945.17 Subsequent to board action, the Auditor-Controller recommends that the Board of Supervisors authorize the Auditor to notify all valid claimants of the Board's action(s) & disburse proceeds as determined by the Board. (Est. Time: 5 Min.)
Attachments: 1. A - BOS Letter frm JHarn 06-28-16, 2. B - Agenda Transmittal 06-28-16

Title

HEARING - Auditor-Controller recommending the Board authorize the Auditor to disburse the excess proceeds as follows:

Claimant:  El Dorado County Public Administrator

Type:  Lienholder of Record

Recommended Distribution:  $20,226.16

Claimant:  Estate of Melvin Sherman Jr Dec'd

Type: Owner of Record

Recommended Distribution:  $10,588.86

Claimant:  Unclaimed

Type:  R&T Code §4674

Recommended Distribution:  $945.17

Subsequent to board action, the Auditor-Controller recommends that the Board of Supervisors authorize the Auditor to notify all valid claimants of the Board's action(s) & disburse proceeds as determined by the Board. (Est. Time: 5 Min.)

Body

DEPARTMENT RECOMMENDATION

The recommendation is based on §4675 of the Revenue and Taxation Code.

 

DISCUSSION / BACKGROUND

On February 5, 2015, 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 061-600-30-100 was sold for $31,760.19 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 has reviewed the claim(s) and supporting documents and is of the opinion that the claimant(s) named herein are entitled to the proceeds.

 

ALTERNATIVES

N/A

 

OTHER DEPARTMENT / AGENCY INVOLVEMENT

N/A

 

CAO RECOMMENDATION

Chief Administrative Office concurs with the recommendation.

 

FINANCIAL IMPACT

None.

 

FOLLOW UP ACTIONS

The Auditor-Controller will disburse funds as directed.

 

STRATEGIC PLAN COMPONENT

 

CONTACT

Joe Harn