To: Board of Supervisors
From: Treasurer/Tax Collector
Agenda Section: Consent
SUBJECT:
title
Resolution for Chapter 8 Sale of A Tax-Defaulted Property to The City of Eureka
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve Resolution #________________ for sale of a tax-defaulted property to the City of Eureka (Attachment 1); and
2. Approve and authorize the 'Agreement to Purchase Tax Defaulted Property' with the City of Eureka (Attachment 4).
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SOURCE OF FUNDING:
General Fund - All Costs for the Chapter 8 Agreement Sale will be reimbursed by the City of Eureka
DISCUSSION:
Public agencies may purchase tax-defaulted property through a Chapter 8 Agreement Sale pursuant to California Revenue and Taxation (R&T) code provided certain documentation is received in a timely manner and that the agency is qualified to make such a request.
The Tax Collectors office received Resolution 2021-02 (Attachment 2) from the City of Eureka (City) which objects to the sale of a property scheduled for the Chapter 7 public tax sale approved by your Board (on 11.10.2020) to take place from February 26 - 28, 2021. Along with the objection to sale by Resolution the Tax Collector's office also received an 'Application to Purchase Tax Defaulted Property from County' (Attachment 3) from the City.
The receipt of these two documents, objecting to the sale the specific property and requesting purchase of this same property, required the Tax Collector to confirm that the request was timely, that the properties listed in the application for purchase by the City are within the jurisdiction of the City, and that the City is qualified to make the request. Having confirmed that the documents were in order, received timely, and that the City is a qualifying entity per R&T codes 3695 and 3695.4, the property listed on the Application to Purchase and currently scheduled for sale shall not be offered at the public sale provided your Board author...
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