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