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TREASURER/TAX COLLECTOR
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Requested Action(s)
recommendation
a) RESOLUTION - Request adoption of a resolution for the distribution of excess proceeds resulting from the sale of tax-defaulted property by Public Auctions held on October 25 & 26, 2023, to be distributed as stated in Exhibit “A”
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Financial Impact:
Unclaimed excess proceeds are deposited into the General Fund.
Background Information:
Claims received within one year of the recordation of the tax deed are eligible to claim excess proceeds. The resolution will distribute $11,920.66 to parties of interest with $46,298.18 remaining in unclaimed excess proceeds.