County of Fresno - File #: 16-1003

• File #: 16-1003
• Name: Approval of Claimant’s Right to Excess Proceeds Resulting from Sale of Tax Defaulted Properties
• In control: Auditor - Controller
• On agenda: 1/31/2017
• Final action: 1/31/2017
• Enactment #: Resolution No. 17-022 through Resolution No. 17-063, Resolution No. 17-064 through Resolution No. 17-079, Resolution No. 17-080 through Resolution No. 17-089, Resolution No. 17-090
• Title: Approve forty-two (42) resolutions granting forty-one (41) claims for excess proceeds, and ordering distribution after the 90-day waiting period, where claimants submitted information and proof sufficient to establish a right to all or any portion of the excess proceeds. Approve twenty-seven (27) resolutions denying claims for excess proceeds either because there are not sufficient proceeds available, because claimants failed to submit information and proof sufficient to establish a right to all or any portion of the excess proceeds or because claim is being satisfied by other means.

Date	Action By	Action	Result
1/31/2017	Board of Supervisors	Conducted Hearings	Pass

DATE: January 31, 2017

TO: Board of Supervisors

SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector

SUBJECT: Approval of Claimants' Rights to Excess Proceeds Resulting from 2014 Sale of Tax Defaulted Properties

RECOMMENDED ACTION(S):
TITLE
Approve forty-two (42) resolutions granting forty-one (41) claims for excess proceeds, and ordering distribution after the 90-day waiting period, where claimants submitted information and proof sufficient to establish a right to all or any portion of the excess proceeds.

Approve twenty-seven (27) resolutions denying claims for excess proceeds either because there are not sufficient proceeds available, because claimants failed to submit information and proof sufficient to establish a right to all or any portion of the excess proceeds or because claim is being satisfied by other means.
REPORT
The excess proceeds are the remaining proceeds available from the 2014 Tax Sale that your Board approved on December 3, 2013 and was conducted on March 7-10, 2014. The forty-two (42) recommended resolutions granting forty-one (41) claims for excess proceeds are based on documentation submitted to the Auditor-Controller/Treasurer-Tax Collector's office (AC/TTC) establishing their rights as a party of interest in the property pursuant to California Revenue and Taxation Code section 4675. The 27 recommended resolutions denying claims resulted from 16 claims where there are not any excess proceeds available to distribute, 10 claims where the claimant provided insufficient evidence, and 1 claim that will be satisfied by other means.

September 1, 2015 was last recommended excess proceeds item brought by AC/TTC to your Board, for the 2013 Tax Sale.

ALTERNATIVE ACTION(S):

Revenue and Taxation Code section 4675, subdivision (e), requires the Board to distribute excess proceeds. For the claims related to any particular property, however, the Board may direct staff to return with additional information before...