Title
Approve an Agreement for the Treasurer-Tax Collector to sell to the City of Greenfield the Tax Defaulted Property described as APN 109-116-003-000 for the total purchase price of $41,330 and authorize the Chair of the Board of Supervisors to sign the Agreement and the Treasurer-Tax Collector's office to issue the related Tax Deed to complete the transaction.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Approve an Agreement for the Treasurer-Tax Collector to sell to the City of Greenfield the Tax Defaulted Property described as APN 109-116-003-000 for the total purchase price of $41,330 and authorize the Chair of the Board of Supervisors to sign the Agreement and the Treasurer-Tax Collector to issue the related Tax Deed to complete the transaction.
SUMMARY:
Pursuant to California Revenue and Taxation Code 3691, the Tax Collector has the power to sell properties that have been tax-defaulted for five or more years in an effort to return these parcels to active property tax paying status. The California Revenue and Taxation Code Division 1, Part 6, Chapter 8 (? 3771, et seq.) authorizes a taxing agency to acquire tax-defaulted property that is currently scheduled for a public auction by agreement following an objection to the sale provided the property will be utilized for a public use. Board of Supervisor approval is required to authorize the sale of tax-defaulted property to a municipality under this provision.
DISCUSSION:
On April 25, 2024, the City of Greenfield formally objected to the public auction sale of tax-defaulted property and agreed to acquire the subject property for a public right of way. The Agreement provides for payment of the established minimum bid and is sufficient to redeem the delinquent property taxes as required by Revenue & Taxation Code section 3793.1. The purchase price for the property under the Agreement is $40,500, plus $830 for the cost of giving notice of the Agreement as required by Revenue & T...
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