RESCINDING SO MUCH OF RESOLUTION NO. 118-2014 INVOLVING THE TAKING OF A TAX DEED ON PARCEL NUMBER 018-0444-00000 IN THE TOWN OF GREENFIELD AND MORE PARTICULARLY DESCRIBED BELOW

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

Purpose

To allow a former owner of tax deed land to repurchase the property and rescind only that portion of the tax deed.

Background

Wisconsin State Statutes and Sauk County Ordinance allow for a former owner to repurchase their property if they have lost it to a tax deed foreclosure.  Certain requirements need to be met and this former owner has met those requirements.

NOTE:  This is the property that we also received a sealed bid offer.  The P&I Cmte will need to make a choice between this resolution and the sealed bid resolution.  Depending on which one they choose, this resolution will either be pulled or the sealed bid resolution will change.

 

Budget Status (Other/External Sources): 

FISCAL NOTE:  Funds received were $4,580.97.  This amount is sufficient to cover all previously owed Taxes (Years of 2010 thru 2013) in the amount of $2,403.22; an estimated amount for the 2014 Taxes of $900.00; Penalties and Interest in the amount of $839.41; Tax Deed Service Charge in the amount of $150.00; Service Charges pursuant to Sauk County Ordinance 30.03(6) (b) in the amount of $258.34 and Recording Fee of $30.00

Resolution Body

RESOLUTION NO.  ____ - 2014

RESCINDING SO MUCH OF RESOLUTION NO. 118-2014

INVOLVING THE TAKING OF A TAX DEED ON PARCEL

NUMBER 018-0444-00000 IN THE TOWN OF GREENFIELD AND MORE

PARTICULARLY DESCRIBED BELOW

            WHEREAS, by Resolution No. 118-2014, the Honorable Sauk County Board of Supervisors authorized the taking of a tax deed on parcel number 018-0444-00000 more particularly described below:

            S 15-11-7 PRT SWNE & SENE = CSM #1004, LOT 25  3.609 A, more particularly described in the Register of Deeds Office at Reel 626, Image 383; Reel 191, Image 473; Reel 128, Image 496; and Volume 366, Page 144

            WHEREAS, Sauk Co. Code § 30.03(6) and Wis. Stat. § 75.35(3) authorizes Sauk County to give preference to a former owner in the sale of property taken by tax deed; and,

            WHEREAS, your undersigned Committee has had this matter under advisement, and has determined that it is in the best interest of Sauk County to give preference to the former owner of this property because the funds received will compensate the County in full for the amounts due and owing.

            NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors, met in regular session, that so much of Resolution No. 118-2014 as it pertains to the above described parcel of real property located in the Town of Greenfield is hereby rescinded; and,

            BE IT FURTHER RESOLVED, that the County Clerk shall be and hereby is authorized to sign documents effectuating and providing notice of rescission of a portion of said tax deed.

            For consideration by the Sauk County Board of Supervisors on December 16, 2014.

            Respectfully submitted:

PROPERTY & INSURANCE COMMITTEE

_____________________________________          ___________________________________

SCOTT VON ASTEN, Chairperson                          WILLIAM HAMBRECHT

____________________________________          ___________________________________

NATHAN S. JOHNSON                                           JEFFREY GIEBEL        

_____________________________________

VACANT

FISCAL NOTE:  Funds received were $4,580.97.  This amount is sufficient to cover all previously owed Taxes (Years of 2010 thru 2013) in the amount of $2,403.22; an estimated amount for the 2014 Taxes of $900.00; Penalties and Interest in the amount of $839.41; Tax Deed Service Charge in the amount of $150.00; Service Charges pursuant to Sauk County Ordinance 30.03(6) (b) in the amount of $258.34 and Recording Fee of $30.00.

MIS NOTE:  No impact.

Requested Board Review Date: 
Tuesday, December 16, 2014
Committee Review 1 Date: