I. Council Action Requested.
Title
To identify Town-owned tax acquired properties to dispose of and to authorize the Town Manager to take any necessary action related thereto.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. Pursuant to Article I, Section 2 of the Charter, the Town may acquire property for any Town purpose, in fee simple or any lesser interest or estate, by purchase gift, devise, lease, or condemnation and may sell, lease mortgage, hold, manage and control such property as its interest may require;
b. Pursuant to the Town Council’s established Policy for the Disposition of Tax- Acquired Property, Article 4, Section 4.1, ‘the Town Council may deem it to be in the Town’s best interest to retain the property where (a) the property has or will have recreational or economic value to the town; or (b) the property has or will have potential use as a public facility or as an addition to a public facility; and
c. Pursuant to the Town Council’s established Policy for the Disposition of Tax- Acquired Property, Article 5, Section 5.1, “For those tax acquired properties the Town Council determines will be sold, the Town Council shall determine the method of sale. Methods may include but are not limited to brokerage sale, negotiated sale, or public bid process.
III. Issue Summary.
Please find the attached list of tax-acquired properties. Multiple attempts were made to contact property owners but no agreements or payments were executed.