File #: 24-0076    Version: 1 Name: Land Acquisition - Tax Foreclosures
Type: Consent Status: Consent
File created: 2/2/2024 In control: Asset/Facility Management
On agenda: 2/20/2024 Final action:
Title: Land Acquisition - Tax Foreclosures
Attachments: 1. Map_Stewart Creek Tax Foreclosure.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Land Acquisition - Tax Foreclosures

 

 

Action

ACTION:

Authorize County Manager to negotiate and execute all documents necessary for the acquisition of the following properties in the City of Charlotte for Park and Recreation purposes:

 

1.                     $7,000, for Tax Parcel 069-084-06 (± 0.142 acres),

2.                     $7,000, for Tax Parcel 069-082-11 (± 0.135 acres),

3.                     $7,000, for Tax Parcel 069-082-13 (± 0.149 acres),

4.                     $15,000, for Tax Parcel 069-114-05 (± 0.148 acres),

5.                     $15,000, for Tax Parcel 069-114-07 (± 0.284 acres),

6.                     $8,500, for Tax Parcel 069-084-07 (± 0.152 acres),

7.                     $7,000, for Tax Parcel 069-082-15 (± 0.103 acres),

8.                     $7,000, for Tax Parcel 069-094-07 (± 0151 acres)

 

 

Staff Contact:      Bethany Fritts, Asset & Facility Management

 

 

 

Presentation:      No                                             

 

 

BACKGROUND/JUSTIFICATION:

On October 17, 2023 the Board authorized staff to bid on several properties at a tax foreclosure sale. The properties will be used for Park and Recreation purposes, for the future Stewart Creek Greenway. The following maximum bid amounts were authorized:

 

                     Up to $40,000 for Tax Parcel 069-084-06 (± 0.142 acres);

                     Up to $40,000 for Tax Parcel 069-082-11 (± 0.135 acres),

                     Up to $40,000 for Tax Parcel 069-082-13 (± 0.149 acres),

                     Up to $40,000 for Tax Parcel 069-114-05 (± 0.148 acres),

                     Up to $60,000 for Tax Parcel 069-114-07 (± 0.284 acres),

                     Up to $40,000 for Tax Parcel 069-084-07 (± 0.152 acres),

                     Up to $40,000 for Tax Parcel 069-082-15 (± 0.103 acres),

                     Up to $20,000 for Tax Parcel 069-094-07 (± 0.151 acres),

                     Up to $40,000 for Tax Parcel 069-084-09 (± 0.151 acres),

                     Up to $20,000 for Tax Parcel 069-084-14 (± 0.052 acres),

                     Up to $20,000 for Tax Parcel 069-094-07 (± 0.151 acres) and

                     Up to $60,000, collectively, for Tax Parcels 069-084-15 (± 0.015 acres), 069-084-10 (± 0.147 acres), 069-084-12 (± 0.116 acres)

 

On November 7, 2023, these properties were auctioned for back taxes. The County was the highest bidder for 8 of the 13 properties. The final purchase price for each are as follows:

 

                     $7,000 for Tax Parcel 069-084-06 (± 0.142 acres)

                     $7,000 for Tax Parcel 069-082-11 (± 0.135 acres),

                     $7,000 for Tax Parcel 069-082-13 (± 0.149 acres),

                     $15,000 for Tax Parcel 069-114-05 (± 0.148 acres),

                     $15,000 for Tax Parcel 069-114-07 (± 0.284 acres),

                     $8,500 for Tax Parcel 069-084-07 (± 0.152 acres),

                     $7,000 for Tax Parcel 069-082-15 (± 0.103 acres), and

                     $7,000 for Tax Parcel 069-094-07 (± 0.151 acres)

 

The total purchase price is $73,500 and will cover back taxes, court costs, and legal fees. The Board must vote to approve the final purchase price to complete the transaction.

 

This acquisition is consistent with Meck Playbook, the Greenway Master Plan, and the County’s Environmental Leadership Policy.

 

 

PROCUREMENT BACKGROUND:

N/A

 

 

POLICY IMPACT:

N/A

 

 

FISCAL IMPACT:

Funding will come from the FY24 Environmental Leadership Action Plan account.