To: Board of Supervisors
From: Dan Mierzwa, Treasurer-Tax Collector
Report Title: APPROVE and AUTHORIZE the County Treasurer-Tax Collector, or designee, to execute a contract with First Corporate Solutions. Inc. in an amount not to exceed $50,000 to provide property title searches for the bi-annual tax sale public auctions for period of November 1, 2023 through October 31, 2026.
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE and AUTHORIZE the County Treasurer-Tax Collector, or designee, to execute a contract with First Corporate Solutions. Inc. in an amount not to exceed $50,000 to provide property title searches for the bi-annual tax sale public auctions for period of November 1, 2023 through October 31, 2026.
FISCAL IMPACT:
The title search costs shall be deducted from the excess proceeds generated from the tax sales of properties.
BACKGROUND:
The County Treasurer -Tax Collector has the power to sell all or any portion of a tax-defaulted property. (Rev. & Tax. Code, ?3691(a)(1)(A)). Before any such tax-defaulted property may be sold, the Treasurer-Tax Collector is required to send notice of the proposed sale by certified mail to the last known mailing address of parties of interest. (Rev. & Tax. Code, ?3701(a).) The Treasurer-Tax Collector is required to make a reasonable effort to obtain the name and last known mailing address of parties of interest. (Rev. & Tax. Code, ? 3701(b).) To ensure that these requirements are satisfied, the Treasurer-Tax Collector must enter into a contract with First Corporate Solutions, Inc., to conduct title searches for properties being offered at the tax sale public auctions, so the Treasurer-Tax Collector can secure the names and last known mailing addresses of any parties of interest for notice purposes.
The County anticipates two public auctions every year in February and May. The costs vary for the reports generated for the February auctions and...
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