File #: 10-0177    Version: 1
Type: Agenda Item Status: Approved
File created: 2/18/2010 In control: Board of Supervisors
On agenda: 3/9/2010 Final action: 3/9/2010
Title: Hearing to consider recommendation of the Auditor-Controller to disburse excess proceeds in the amount of $14,934.75 to Tri-Jan from the sale of tax defaulted property (APN 033-474-01-100) on November 7, 2008. (Est. Time: 5 Min.)
Attachments: 1. Excess Proceeds Nov08 II 030910
Title
Hearing to consider recommendation of the Auditor-Controller to disburse excess proceeds in the amount of $14,934.75 to Tri-Jan from the sale of tax defaulted property (APN 033-474-01-100) on November 7, 2008. (Est. Time: 5 Min.)
Body
Background/Reason for Recommendation:  On November 7, 2008, a sale of Tax Defaulted Property was conducted by the Treasurer-Tax Collector's Office.  Parties of intereset, as defined in Revenue & Taxation (R & T) Code Section 4675, were notified that the property identified as APN 033-474-01-100 was sold for $14,934.75 more than the amount requried to satisfy delinquent taxes and costs of the sale.  Valid claims have been filed for the excess proceeds due to the sale of the property.  The Auditor-Controller's Office has reviewed the claim(s) and supporting documents and is of the opinion that the claimant(s) are entitled to the proceeds pursuant to R & T Code Section 4675.  The Auditor-Controller recommends that the Board of Supervisors authorize the Auditor-Controller to notify all valid claimants of the Board's actions and disburse excess proceeds as determined by the Board.  
 
The recommendation is based on section 4675 of the Revenue and Taxation Code
 
Contact: Joe Harn