ACCEPTING BIDS ON TAX-DELINQUENT REAL ESTATE ACQUIRED BY SAUK COUNTY

RESOLUTION NO. _____ - 2017

ACCEPTING BIDS ON TAX-DELINQUENT REAL ESTATE

ACQUIRED BY SAUK COUNTY

[Text Box: Background: Sauk County will issue a Tax Deed on property that has met the statutory requirements to be foreclosed upon due to delinquent real estate taxes. The County takes title to these properties and then offers them for sale to the general public through a sealed bid auction. This resolution outlines bids received from the sealed bid auction conducted in August 2017 and authorizes issuance of a quit claim deed to each of the successful bidders.] [Text Box: Fiscal Impact: [] None [] Budgeted Expenditure [x] Not Budgeted ]

            WHEREAS, your Property and Insurance Committee has appraised certain property, acquired by Sauk County as tax-delinquent real estate, pursuant to the Wisconsin Statutes; and,

            WHEREAS, the Sauk County Treasurer has advertised the sale and appraised value of such real estate in a Class 3 Notice under Chapter 985 of the Wisconsin Statutes; and,

            WHEREAS, at 8:00 a.m. on September 8, 2017, the Sauk County Treasurer and the Sauk County Deputy Treasurer opened bids for said property, the successful bidders indicated, with all parcels not receiving sufficient bids being omitted; said properties receiving sufficient bids described below:

TOWN OF DELLONA

006-0983-00000          FIRST ADDITION TO CHRISTMAS MOUNTAIN, LOT 97

Appraised Value:        $5,100.00

Successful Bid:           $5,500.00

Submitted by:              STEVEN R. & ROBERTA A. GOODMAN

TOWN OF SPRING GREEN

032-0367-00000          PINELAND – LAKE ADDITION, LOT 22

Appraised Value:        $15,000.00

Successful Bid:           $15,000.00

Submitted by:              SEAN WILLIAMS & KRISTIN LEWIS

VILLAGE OF LAKE DELTON

146-1053-61340          VILL OF LAKE DELTON 1ST ADD TO SPRING BROOK GREENS,

                                     LOT 134

Appraised Value:        $7,200.00

Successful Bid:           $7,810.00

Submitted by:              CLAWMOR LLC

Resolution No. ____ - 2017

ACCEPTING BIDS ON TAX-DELINQUENT REAL ESTATE ACQUIRED BY SAUK COUNTY

Page 2 of 2

CITY OF BARABOO

206-0804-00000         S 1-11-6 E66’ OF W194.7’ OF N49.5’ OF NE FR NW

206-2535-00000         CITY OF BARABOO LITCHFIELD’S ADD COM 132’S OF NWCOR

                                    OF E1/2 OL 5-S TO SLI OL 5-E66’-N TO PT 132’S OF NLI-W66’TO

                                    POB                    

Appraised Value:        $15,000.00

Successful Bid:           $21,501.00

Submitted by:              CHARLES & NICOLE RACHUJ

            WHEREAS, Sauk County is now authorized by §75.69 of the Wisconsin Statutes to accept the bids meeting or exceeding the appraised value of said property deemed most advantageous to it.

            NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors met in regular session, that the Sauk County Clerk is hereby instructed to issue a Quit Claim Deed for the above described real property to the above-named successful bidders having received in full the amount of said bid by the Sauk County Treasurer by September 14, 2017. 

            AND BE IT FURTHER RESOLVED that the Sauk County Clerk is also authorized to accept the next successful bid exceeding the appraised value of any parcel if the successful bidder on said property does not comply with all requirements as outlined in the Notice of Sale.

     For consideration by the Sauk County Board of Supervisors on September 19, 2017.

Respectfully submitted,

SAUK COUNTY PROPERTY AND INSURANCE COMMITTEE:

__________________________________      ___________________________________

SCOTT VON ASTEN, Chairperson            WILLIAM HAMBRECHT

__________________________________      ___________________________________

NATHAN S. JOHNSON                                            JEAN BERLIN

__________________________________

REBECCA HOVDE

FISCAL NOTE: Funds received provided sufficient revenue to reimburse Sauk County for its costs invested in these properties.

MIS NOTE:  No Information Systems impact