AUTHORIZING ISSUANCE OF QUIT CLAIM DEED TO CERTAIN LANDS IN THE TOWN OF LAVALLE TO CANP PROPERTIES, LLC

Committee Status: 
Approved
Budget Status: 
Budgeted
Decision Impact: 
Significant
FTE Impact: 
No
Funding Source: 
Other (see budget status)

Purpose

To convey Tax Deed property to a buyer

Background

Sauk County has taken a tax deed on the below described parcel.  This property has  been advertised as a Class III Notice under Chapter 985 of the Wisconsin Statutes and the property remains unsold. CANP Properties, LLC has offered the sum of $25,000.00; the sum of the appraised value is $25,000.00. Pursuant to Wisconsin Statutes 75.69, we may sell a parcel that remains unsold as long as the price received meets or exceeds the advertised aggregate appraised value.

Resolution Files: 
Microsoft Office document icon resolution-accept_otp-cnap_properties_llc.doc
Budget Status (Other/External Sources): 

budgeted

Resolution Body

RESOLUTION NO. _____ - 2018

 

[Text Box: Background: Sauk County has taken a tax deed on the below described parcel. This property has been advertised as a Class III Notice under Chapter 985 of the Wisconsin Statutes and the property remains unsold. CANP Properties, LLC has offered the sum of $25,000.00; the sum of the appraised value is $25,000.00. Pursuant to Wisconsin Statutes 75.69, we may sell a parcel that remains unsold as long as the price received meets or exceeds the advertised aggregate appraised value.] [Text Box: Fiscal Impact: [] None [x] Budgeted Expenditure [] Not Budgeted ] AUTHORIZING ISSUANCE OF QUIT CLAIM DEED TO CERTAIN LANDS IN THE TOWN OF LAVALLE TO CANP PROPERTIES, LLC

             

    

     NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors met

in regular session that the Sauk County Clerk be and hereby is authorized and directed, having received $25,000.00 from CANP Properties, LLC on February 13, 2018 to issue a quit claim deed to CANP Properties, LLC for the below described property:

 

     Lake Redstone, Mockingbird Addition, Lot 12, Town of LaValle; more particularly described in the Sauk County Register of Deeds office at:  Volume 362, Page 697.  (Parcel #024-2071-00000)  

    

     Appraised Value:  $25,000.00    Offer Amount:  $25,000.00

 

     For consideration by the Sauk County Board of Supervisors on March 20, 2018.

 

Respectfully submitted,

 

SAUK COUNTY PROPERTY AND INSURANCE COMMITTEE:

 

__________________________________        ___________________________________

SCOTT VON ASTEN, Chairperson              WILLIAM HAMBRECHT

 

__________________________________        ___________________________________

NATHAN S. JOHNSON                                               JEAN BERLIN

 

__________________________________

REBECCA HOVDE

 

 

FISCAL NOTE: Sauk County funds invested in these properties was $13,973.65.  Funds received from the sale were $25,000.00 

                                            

MIS NOTE:  No Information Systems impact

Requested Board Review Date: 
Tuesday, March 20, 2018
Committee Review 1: 
Pending
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