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File #: 18-4448    Version: 1 Name: Resolution Authorizing County Manager to Enter Bids at County Tax Foreclosure Sales
Type: Consent Status: Consent
File created: 1/2/2018 In control: Tax Collector
On agenda: 1/17/2018 Final action:
Title: : Resolution Authorizing County Manager to Enter Bids at County Tax Foreclosure Sales
Attachments: 1. Resolution to Enter Bids at Tax Foreclosure Sales.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:

Resolution Authorizing County Manager to Enter Bids at County Tax Foreclosure Sales

 

Summary

ACTION:

Adopt Resolution to authorize the County Manager, or his or her designees, to enter and assign bids at Mecklenburg County tax sales not to exceed appropriated funds for County purchase

 

Staff Contact                     Neal L. Dixon, Tax Collector

 

 

Presentation                     No                                          

 

 

BACKGROUND/JUSTIFICATION:

The Board of County Commissioners (BOCC) has approved a comprehensive foreclosure strategy program for the Tax Collector that includes a foreclosure acquisition component that allows the County to bid at property tax foreclosure sales of delinquent properties to equitably enforce the collection of taxes.  The BOCC appropriated funds for use by the Tax Collector to enter bids at foreclosure sales.  North Carolina General Statute (NCGS) 105-376 authorizes taxing units to bid at foreclosure sales and provides authority to assign bids under certain circumstances.  The resolution authorizes the County Manager, or his or her designees, to enter and assign bids not to exceed appropriated funds for County purchase as an alternative to the BOCC authorizing each bid or assignment prior to foreclosure tax sales.

 

PROCUREMENT BACKGROUND:

The BOCC has authorized funds to be used for acquiring property through tax foreclosure sales.

 

POLICY IMPACT:

This resolution is consistent with the BOCC approved tax foreclosure policy.  By adopting this resolution, the foreclosure policy will be administered within the budgeted funds without having to seek BOCC authorization for each bid, rather, the policy and budget will be administered by the County Manager and/or assigned designees.

 

FISCAL IMPACT:

N/A