Title
Resolution Authorizing Sale of Unredeemed Real Estate After Tax Sale.
Body
Recommended Action: Adopt the resolution and authorize the Chairman to sign.
Background: This resolution allows the Board of County Commissioners to proceed with tax foreclosure on appropriate real properties as required by law.
Alternatives: In order to comply with State statutes mandating tax foreclosure, there are no alternatives to passage of this resolution.
Financial Considerations: None.
Legal Considerations: The Board of County Commissioners is required to proceed with tax foreclosure whenever the aggregate assessed valuation of real estate subject to tax foreclosure is $300,000.00 or more; or the aggregate amount of delinquent taxes, including special assessments, is $10,000.00 or more.
Policy Considerations: Passage of this resolution is necessary for the Board of County Commissioners to comply with State statutes mandating it to institute the tax foreclosure proceedings.