Action 15.
Regular Board of Supervisors Meeting
Board of Supervisors
- Meeting Date:
- 08/30/2016
- Title:
- Over the Counter Sale
- Submitted By:
- Rebecca Reynolds, Board of Supervisors
- Department:
- Board of Supervisors
Presentation:
No A/V Presentation
Recommendation:
Document Signatures:
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
NAME
of PRESENTER:
of PRESENTER:
Arlethe Rios
TITLE
of PRESENTER:
of PRESENTER:
Clerk of the Board
Mandated Function?:
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Information
Agenda Item Text:
Approve the over-the-counter sales of tax deed properties remaining unsold following the May 2016 online tax deed land auction as set forth in the attached Exhibit A, plus related administrative fees.
Background:
Following Board approval on July 26, 2016 of the May 2016 online land auction sales, staff posted the Unsold Parcels on the county's website and began accepting over-the-counter (OTC) bids.
Two OTC bids have been received and are reflected on the attached report; in addition, the bidders will each pay a $75 administrative fee. The bid and associated payment has been received by BOS office staff for the parcels listed on the report totaling $5,665 ($5,515 for bids and $150 administrative fees - 2 bidders).
Acceptance of this bid brings the total YTD sales to $203,262.53.
There are 48 parcels remaining for sale (see attached unsold parcels list).
Mr. Lamadrid withdrew his bid as of August 30, 2016. The total bids for this sale were $3,300 with a $75 admin fee for a total of $3,375. YTD sales are at $200,972.53 and a total of 52 parcels remaining.
Two OTC bids have been received and are reflected on the attached report; in addition, the bidders will each pay a $75 administrative fee. The bid and associated payment has been received by BOS office staff for the parcels listed on the report totaling $5,665 ($5,515 for bids and $150 administrative fees - 2 bidders).
Acceptance of this bid brings the total YTD sales to $203,262.53.
There are 48 parcels remaining for sale (see attached unsold parcels list).
Mr. Lamadrid withdrew his bid as of August 30, 2016. The total bids for this sale were $3,300 with a $75 admin fee for a total of $3,375. YTD sales are at $200,972.53 and a total of 52 parcels remaining.
Department's Next Steps (if approved):
Deposit check and provide Sold Parcels list to County Treasurer; when funds clear, issue & record deeds.
Impact of NOT Approving/Alternatives:
Properties will not be sold and will not be put back on the County's tax roll.
To BOS Staff: Document Disposition/Follow-Up:
Refer to Dept's Next Steps, above.