RECOMMENDATION(S):
ADOPT Resolution No. 2015/392 authorizing the sale of specified tax-defaulted property at public auction, pursuant to the California Revenue and Taxation Code ("R&T") §3698, as recommended by the Treasurer-Tax Collector.
FISCAL IMPACT:
There is no impact to the General Fund. All costs will be recovered 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 (R&T §3691).
Written approval of the Board of Supervisors (R&T § 3694 and 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)
|