DATE: December 17, 2024
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Approval to Sell Tax Defaulted Properties that are Subject to Tax Collector's Power to Sell and Direct those Properties be Sold at Public Auction
RECOMMENDED ACTION(S):
TITLE
Adopt a resolution approving a March 27-28, 2025 sale of tax-defaulted properties that are subject to the Tax Collector's power to sell and authorizing the Tax Collector to reduce the minimum bids on certain previously offered properties in specified circumstances.
REPORT
Approval of the recommended resolution authorizes the Auditor-Controller/Treasurer-Tax Collector (Tax Collector) to attempt to sell the 210 tax-defaulted properties listed on Attachment 1 at a two-day public auction via the Internet for the stated minimum bids. The auction would take place March 27 through 28, 2025. For the 36 properties on that list that were offered but not sold at a previous tax sale, approval of the recommended resolution would allow in the Tax Collector to reduce the minimum bid during the sale if no acceptable bids are received. Additionally, approval of the recommended resolution would allow the Tax Collector to offer or reoffer, within 90 days after the close of the tax sale, any property on the Tax Sale List, including both Previously Offered Properties and Newly Offered Properties, that are not offered or not sold during the tax sale. The Tax Collector may reduce minimum bids for previously offered properties by greater than 50%. Some of these properties have previously been offered for tax sale for two or more years without receiving minimum bids. All properties would be sold to the highest bidder, except in limited circumstances where statute allows for offering property to the next highest bidder if the winning bidder does not timely consummate the sale.
In general, all delinquent taxes and penalties, and costs of the sale, are recovered through the sale...
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