AUTHORIZING ISSUANCE OF QUIT CLAIM DEED TO CERTAIN LANDS IN THE VILLAGE OF PRAIRIE DU SAC TO THE VILLAGE OF PRAIRIE DU SAC

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

Purpose

To issue a Quit Claim Deed to a municipality interested in purchasing a tax deed property.

Background

Wisconsin State Statutes and Sauk County Ordinance allows for the county to offer tax deeded land to the municipality within which the parcel is located or to the State of Wisconsin before offering the same to the general public.

Approximately 1-2 yrs ago the Village of Prairie du Sac had expressed an interest in this property if we ever took it on a tax deed.  The property is adjacent to a public parking lot. In October 2013, we did take it on a tax deed and I notified the Village and gave them the figure of what was due on the property (plus an estimate for the 2013 which have not yet been figured). 

The Village sent a letter of confirmation that they would indeed like to purchase the property for the  minimum amount that we have in the property.  I have attached a copy of the letter.

PLEASE NOTE:  There is also a resolution going before Property and Insurance Committee at the same time for the former owner to redeem this property.  See the previous resolution (RESCINDING SO MUCH OF RESOLUTION.....ON PARCEL NUMBER 172-0049-00000).  The committee has the authority to:  Choose not to approve either resolution (then we advertise for sale by sealed bids) OR if they choose to approve, they can only approve ONE of the resolutions.  They will have to decide.  I have also attached a copy of the payment history of this particular parcel.

Resolution Files: 
PDF icon 172-0049_resolution_for_village_purchase_original_draft.pdf
Supporting Files: 
PDF icon 172-0049_purchase_commitment_ltr_from_village.pdf
PDF icon 172-0049_tax_pymnt_history.pdf
Budget Status (Other/External Sources): 

Fiscal notes for each potential outcome:

  • Choose not to approve either resolution:  Property goes to public bid at a price set by the Property & Insurance Committee. 
  • Choose to approve the former owner's resolution:  We would recoup all county expenses and an added amount for estimated 2013 taxes. Title to the property would return to the former owner.  Given the history and the current status of the former owner, this property could be up for tax deed again in 4 years.
  • Choose to approve the Village's purchase resolution:  We would recoup all county expenses and an added amount for estimated 2013 taxes (no estimated specials figures were added because the Village would own the property and they wouldn't be putting a special on their own property).  If the Village purchases the property, it does become exempt.  No future tax revenue would be generated as long as they owned it.  The 2012 taxes were $232.03 plus a $50 weed cutting special.  The county's portion of the 2012 tax bill was $48.80. Given the history and the current status of the former owner, my recommendation would be to sell to the Village.
Requested Board Review Date: 
Tuesday, November 12, 2013
Committee Review 1: 
Approved
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