Title
HEARING - Auditor-Controller recommending the Board:
1) Authorize the Auditor to disburse excess proceeds from the sale of Tax Defaulted property in the amount of $9,397.02 to the Claimant and Lienholder of Record, City of Placerville, et al., in accordance with California Revenue and Taxation Code Section 4674; and
2) Authorize the Auditor to notify all valid claimants of the Board’s action and disburse proceeds as determined by the Board.
Body
DISCUSSION / BACKGROUND
On November 03, 2017, 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 050-610-05-100 was sold for $9,397.02 more than the amount required to satisfy delinquent taxes & costs of the sale. A valid claim has been filed for the excess proceeds due to the sale of the property. The Auditor-Controller has reviewed the claim and supporting documents, and is of the opinion that the claimant named herein is entitled to the proceeds.
ALTERNATIVES
N/A
PRIOR BOARD ACTION
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
No impact.
CLERK OF THE BOARD FOLLOW UP ACTIONS
N/A
FOLLOW UP ACTIONS
The Auditor-Controller will disburse funds as directed.
STRATEGIC PLAN COMPONENT
N/A
CONTACT
Joe Harn