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County Owned Back Tax Property

County Owned Back Tax Property. Management & Sale of Property. County Owned Back Tax Committee.

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County Owned Back Tax Property

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  1. County Owned Back Tax Property Management & Sale of Property

  2. County Owned Back Tax Committee Pursuant to Tennessee Code Annotated §67-5-2507(B)(1) the County Commission of Roane County established the County Owned Back Tax Committee. The aforementioned Code states, A committee of four (4) members shall be elected by the county legislative body, from the county legislative body, who, together with the county mayor, shall place a fair price on each tract of land, for which price the land shall be sold. • Members of the Committee Include: • Ron Woody - County Executive • David Bell - Commissioner • Ron Berry - Commissioner • Darryl Meadows – Commissioner • Ben Wilson - Commissioner • Stanley Moore - Commissioner

  3. Committee Purpose • Fulfill requirements of TCA 67-5-2507 • Recommend resolutions for Back Tax Properties management policies to County Legislative Body • Recommend resolution that certain individual properties purchased at Back Tax Sale bids be rescinded • Recommend resolutions of Back Tax Properties to be surplussed • Recommend resolutions of properties purchased at a back tax sale in which taxes are owed to a city that the county should not pay the city taxes allowing the properties to revert back to the city.

  4. Main Stages of Delinquent Tax Properties Managed by the County • Clerk and Master bids in Delinquent Tax Properties for the county • County evaluates properties during a 1-120 day period to keep or request rescinding any bids • If the county desire to rescind any bids then the County Commission must pass a resolution by ⅔ vote • An adopted resolution is taken to the Chancellor and ask for bids to be rescinded • Bids and properties that are accepted must be managed during period of redemption • Once Period of Redemption has past (12 months) a tax deed is given to Purchasing • The Purchasing (now on behalf of) County Executive under TCA attempts to sale the properties to collect a portion of the back taxes but no penalties and interest from the Purchasing Office • If this is unsuccessful a resolution is filed transferring properties to Purchasing for sale starting at $1 and sold on a government auction website • A surplused resolution is drafted and recommendation made by committee to surplus properties • Purchasing takes the necesssary steps to sale the surplus properties on www.govdeals.com

  5. County Executive Management • Evaluates (working with Bld and Grounds and Codes Enforcement) properties bid in by the Clerk and Master at a back tax sales • Environment Risk • Financial Risk • Works with Committee • -to recommend overall governing policies • -to recommend specific properties to have the bids withdrew per Public Chapter XXXX of 2016 thereby the county would not have to manage. • Work with Code Enforcement & Building and Grounds • -to insure properties owned or bid in by County is properly managed • County Executive (now Purchasing on county executive’s behalf) • -tries to sell properties owned by the County after the one year of redemption has lapsed and the county has received a tax deed. • Works with Committee • -to recommend resolution to surplus property that the county has been unsuccessful in selling • Work with Purchasing to sell surplused properties on www.govdeals.com

  6. Stages of Management during 1/90-120 day evaluation 1 - 10 11-20 21-30 31-40 41-50 51-60 61-70 71-80 81-9091-100 101-110 111-120 Day 1-Sale # bid in for County Evaluate Properties: Assessors’ database, city or county, pictures, value of property-file on each Day 0. Clerk and Master sale properties at a Back Tax Sale and bids in property for the county on any properties that receive no acceptable bids. Day 1-3. County determines all properties in which the C&M has bid in for the county. Files are created for each properties. Day 3-60. County evaluates properties to prepare to make a recommendation to Committee and Commission. Day 60-90. Committee has reviewed and makes recommendation to the County Commission. Day 90-100. Commission adopts a resolution by ⅔ requesting rescinding bids and submits the request to the Chancellor.

  7. Committee Action • Makes recommendation to the Commission -Resolution of governing policies -Resolutions of individual properties in which city taxes are owed by the county in which the county desires not to pay the taxes; thereby, allowing the city to obtain ownership. • Meets to review the report of the condition of the properties owned and managed by the county

  8. County Commission Action • Considers actions of resolutions submitted by the Committee

  9. Codes Enforcement and Building & Grounds Departments • Obtain information on condition of properties • Make recommendations to County Executive and Committee on the evaluation of the properties • Maintain properties in an orderly fashion during period of redemption and after County has received the deed and until sold

  10. Purchasing on behalf of County Executive’sResponsibilities After Receiving Deeds • Purchasing on behalf of County Executive receives and registers the deeds. • Properties are advertised in the newspaper, with specified sealed bid guidelines. • Bidders are contacted with a date to open sealed bids by Purchasing on behalf of County Executive’s office. • The highest and best bid is advertised in a newspaper in the county giving anyone (10) days to counter the bid with an increase of (10%) or more. • All bidders are notified with a day fixed when bidders shall appear and make offers. • The tract of land shall be sold to the bidder making the highest and best offer. • All taxes and fees are paid in full by the bidder. • A Tax Deed is prepared by the County Attorney. • The Tax Deed is notarized and registered by the new owner. • This process can take from to (2) months or up to (2) years. If properties are not sold then next slide.

  11. Purchasing on behalf of County Executive • Work with Committee to prepare property to be transferred to Purchasing to sell • Prepares resolution for Committee consideration • Surplusing the properties • Selling the properties will all taxes abated or if owed to the city taxes will be paid by the county up until the current year.

  12. Committee Action • Receives a resolution for consideration to surplus and transfer to Purchasing Department to sell

  13. Commission Action • Commission considers resolution to surplus and approves Purchasing to sell property

  14. Purchasing • An approved Resolution on surplused property is given to purchasing. • Purchasing opens a file on each piece of property and obtains: • Copy of the Deed • Property Assessments • Pictures of the Properties • Creates evaluation sheets on each property • Post a for sale sign on the property • List the property for sale on www.govdeals.com

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