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CABARRUS COUNTY <br />* <br />REGULAR MEETING <br />MARCH 19, 2012 <br />p TBcA�a' f � <br />��fiiffJfl /�� <br />6: 30 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Tax Collection - Advertisement of 2011 Delinquent Taxes that are Liens <br />on Real Property <br />BRIEF SUMMARY: <br />NC General Statute 105 -369 requires counties to report the amount of <br />unpaid taxes for the current year, 2011, that are liens on real property, <br />less bankruptcies, and to set an advertisement date. <br />2011 Real Estate $8,019,573.98 <br />Less Bankruptcies $1,271,819.48 (Cannot advertise.) <br />Total $6,747,754.50 (Balance as of March 5, 2012.) <br />Requested Date of Advertisement of Tax Liens: March 25, 2012 <br />Quotes are being obtained for the advertisement. The ad will also be <br />posted on the County website. <br />REQUESTED ACTION: <br />Motion to approve the report of 2011 outstanding delinquent taxes that are <br />a lien on real property and to order the Tax Collector to advertise these <br />tax liens on March 25, 2012. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />J. Brent Weisner, Tax Administrator <br />F -5 Page 74 <br />