Item Number: 17.
MEETING DATE: 2/7/2017
DEPARTMENT: TREASURER/TAX COLLECTOR
DEPT HEAD/DIRECTOR: Mary Lou Andrade
AGENDA ITEM PREPARER: Mary Lou Andrade
SBC DEPT FILE NUMBER: 100116
SUBJECT:
TREASURER-TAX COLLECTOR- M. L. ANDRADE
Approve authorization for the Tax Collector to Sell Tax Defaulted property by Internet Auction on April 28, 2017, April 29, 2017, April 30, 2017, and May 1, 2017, and to re-offer any property that is not sold on May 1, 2017 at a reduced minimum price.
SBC FILE NUMBER: 685.2
AGENDA SECTION:
CONSENT AGENDA
BACKGROUND/SUMMARY:
The tax collector has the authority to sell tax-defaulted property that is subject to the power of sale for delinquency of five years or more. Written approval of the board of supervisors is required to sell property at public auction to the highest bidder at the time and place fixed for sale.
BUDGETED:
No
SBC BUDGET LINE ITEM NUMBER:
n/a
CURRENT FY COST:
none
STAFF RECOMMENDATION:
It is recommended that the Board of Supervisors grant approve authorization for the Tax Collector to Sell Tax Defaulted property by Internet Auction on April 28, 2017, April 29, 2017, April 30, 2017, and May 1, 2017, and to re-offer any property that is not sold on May 1, 2017 at a reduced minimum price, by its approval for the public auction sale of tax-defaulted property as specified in Authorization document attached, and its direction to the tax collector to sell property as provided by law, including as provided by Revenue and Taxation Code 3698.5, the authorization that where property or property interests have been offered for sale at least once and no acceptable bids therefor have been received at the minimum price, the tax collector may, in her discretion, offer that same property or those interests at the same or next scheduled sale at a minimum price that the tax collector deems appropriate.
ADDITIONAL PERSONNEL: No
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