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i <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />MARCH 21, 2011 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Tax Collection - Advertisement of 2010 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, 2010, that are liens on real property, <br />less bankruptcies, and to set an advertisement date. <br />2010 Real Estate $8,121,956.26 <br />' Less Bankruptcies $189,663.72 (Cannot advertise.) <br />Total $7,932,292.54 (Balance as of February 24, 2011.) <br />Requested Date of Advertisement of Tax Liens: March 27, 2011. <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 2010 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 27, 2011. <br />' EXPECTED LENGTH OF PRESENTATION: <br />I F -9 Page 126 <br />