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CABARRUS COUNTY <br />~`~, BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />~x OCTOBER 20, 2008 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Tax Dept. -Request for Approval to Sell Three Residential Lots Obtained <br />Through Foreclosure per N.C.G.S 105-376(c) <br />BRIEF SUMMARY: <br />The following properties were obtained by Cabarrus County through a <br />foreclosure sale in 2005. Approval to sell the parcels is requested in order <br />to get the parcels back into the tax base. <br />Real ID No. Pin No. Taxes/Interest/Fees Legal Fees Total <br /> 1996 - 2005 <br />04/023/0127.00 5613-99- $5,509.27 $1,162.49 $6,671.76 <br /> 4552-0000 <br />04/023/0130.00 5613-99- $5,847.20 $1,162.49 $7,009.69 <br /> 4617-0000 <br />04/023/0143.00 5613-99- $908.85 $1,162,49 $2,071.34 <br /> 3907-0000 <br />Total $12,265.32 $3,487.47 $15,752.79 <br />REQUESTED ACTION: <br />Motion to allow the sale of these properties (5613-99-4552-0000; 5613- <br />99-4617-0000; and 5613-99-3907-0000) at a price equal to or greater <br />than the County's cost including taxes, fees and legal cost. Further, <br />authorize the County Manager and/or County Attorney to execute the <br />related documentation. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />J. Brent Weisner, Tax Administrator <br />BUDGET AMENDMENT REQUIRED: <br />F-17 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Item# 19 <br />Page 257 of 468 <br />