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HomeMy WebLinkAboutMINUTES - 10062009 - C.70RECOMMENDATION(S): ADOPT resolution authorizing the sale of specified tax-defaulted property at public auction, pursuant to Section 3698 of the Revenue and Taxation Code, as recommended by the County Treasurer-Tax Collector. FISCAL IMPACT: There is no impact to the General Fund. All costs will be recuperated from the proceeds of the sale. BACKGROUND: The Tax Collector has the authority to sell tax-defaulted property that is subject to the power of sale (Revenue and Taxation Code §3691). Written approval of the Board of Supervisors (R&T §§3694 & 3698) is required to sell property at public auction (R&T §3692) to the highest bidder at the time and place fixed for sale (R&T §3706). Property that has been tax-defaulted for five or more years and is subject to the Tax Collector's power to sell may be sold. All or any portion of a property may be offered for sale, without regard to its boundaries when it became APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 10/06/2009 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Russell Watts, 957-2801 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: October 6, 2009 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: EMYL. SHARP, Deputy cc: C.70 To:Board of Supervisors From:William J. Pollacek, Treasurer-Tax Collector Date:October 6, 2009 Contra Costa County Subject:Sale of Tax-Defaulted Property at Public Auction BACKGROUND: (CONT'D) subject to sale (§3691). The purpose for the tax sale is to collect the unpaid taxes. Offering property for sale achieves this, either by collecting the unpaid taxes from the proceeds of the sale or through redemption by the assessee. Any person or entity, including cities, taxing agencies, revenue districts, and the State, may purchase property at a public auction (§§3691 and 3705). The only exception to eligible purchasers is the Tax Collector, who conducts the sale, or his/her employees (GC §1090). If a parcel is redeemed before the close of business on the last business day prior to the date of sale, the power to sell is automatically nullified and the parcel will be withdrawn from the sale. If a parcel is redeemed within 90 days of the scheduled sale, $150 will be collected to reimburse the County for costs incurred in preparing to conduct the sale (§4112). CONSEQUENCE OF NEGATIVE ACTION: If not approved, the Annual Tax Collector's Public Auction will not proceed and property taxes will not be collected. ATTACHMENTS Resolution No. 2009/469 2010 Auction LIst