DATE: April 27, 2021
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Sale of Tax-Defaulted Properties to Habitat for Humanity Fresno, Inc.
RECOMMENDED ACTION(S):
TITLE
Adopt a resolution approving the sale of seven tax-defaulted properties for the total minimum price of $27,900 to Habitat for Humanity Fresno, Inc., authorizing the Chairman to execute the "Agreement for Non-Profit Organization to Purchase Tax-Defaulted Property," and authorizing the Auditor-Controller/Treasurer-Tax Collector to transmit the agreement to the State Controller for approval.
REPORT
Approval of the recommended resolution authorizes the sale of seven tax-defaulted properties to the non-profit organization Habitat for Humanity Fresno, Inc. (HFHF) under Chapter 8 of Part 6 of Division 1 of the Revenue and Taxation Code (Chapter 8), so that the properties may be used for the benefit of low-income persons or families. Finally, approval of the recommended resolution would also allow the Tax Collector to transmit the signed agreement to the State Controller's office for their approval.
In general, all delinquent taxes, penalties, and costs of the sale are recovered through the sale of properties. Depending on when the sale becomes effective, the total price would increase to the redemption amount for each of the properties covered by the agreement.
ALTERNATIVE ACTION(S):
Your Board may choose not to approve the recommended resolution. HFHF would not be allowed to purchase the specified tax-defaulted properties to be used for the benefit of low-income persons or families. Instead, those properties would be offered for sale at the County's annual public auction of tax-defaulted properties in 2022, if they are not redeemed before then.
FISCAL IMPACT:
By selling tax-defaulted properties at the statutory minimum price of $27,900, the County recovers the cost of the sale and enough to pay the outstanding delinquent taxes,...
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