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Action   7.
Regular Board of Supervisors Meeting
Board of Supervisors
Meeting Date:
03/09/2021
Title:
2020 Over the Counter Sale
Submitted By:
Tim Mattix, Board of Supervisors
Department:
Board of Supervisors
Presentation:
No A/V Presentation
Recommendation:
Document Signatures:
# of ORIGINALS
Submitted for Signature:
NAME
of PRESENTER:
Kim Lemons
TITLE
of PRESENTER:
Clerk of the Board
Mandated Function?:
Source of Mandate
or Basis for Support?:

Information

Agenda Item Text:

[Item tabled from the March 2, 2021 meeting] Approve the over-the-counter sale of tax deed properties from the Special Meeting auction held on March 2, 2021, for a total of $48,645 as set forth in attached Exhibit A, plus $400 administrative fees.

Background:

All units remaining from the 2020 Tax Deed Land Sale received a bid (16 total units). At the March 2, 2021 Special Meeting, the Board accepted counter bids.  Since that time, staff has worked with the successful bidders on all required payments and documentation.

All associated payments have been received by BOS staff for the parcels, totaling $49,045 ($48,645 for the bids and $400 administrative fees). Some units were bid lower than the minimum bid amount; the value of the minimum bid for all parcels totaled $100,700.

Department's Next Steps (if approved):

Deposit checks and when funds clear: issue & record deeds and provide Sold Parcels list to County Treasurer.

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.

Fiscal Impact

Attachments