I. Council Action Requested.
Title
To approve the write-off of uncollected 2011 and 2012 personal property taxes in the amount of $31,722.17.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. The Town Council has the authority under Article II, Section 3 (I) of the Charter to [e]xercise all the legislative, financial, borrowing and other powers now or hereafter given by statute to inhabitants of town acting in Town Meeting except as otherwise provided herein.
III. Issue Summary.
The total uncollected personal property taxes amount to $31,722.17.
2011 - $17,641.19
2012 - $14,080.98
Please find the attached memo and materials.