Memorandum
Date: September 26, 2023
To: The Honorable Lake County Board of Supervisors
From: Patrick Sullivan, Treasurer - Tax Collector
Subject: Consideration of Chapter 8 Agreement Sale of Tax Defaulted Properties with City of Clearlake
Executive Summary:
The City of Clearlake has submitted a proposal for an agreement sale for various tax defaulted properties within the City of Clearlake. The City is submitting this proposal as a public agency/taxing agency that is also a revenue district.
The proposal now before your Board for its consideration reflects multiple price reductions for properties that have previously been unsuccessfully offered for sale. After purchasing these properties, the City will incur additional expenses due to their condition and requested reductions in consideration of these costs.
The final payment due from the City will depend on the effective date of the sale, which requires State Controller approval and various noticing requirements to then be met. Your Board's consideration of this agreement today is the next necessary step.
If not budgeted, fill in the blanks below only:
Estimated Cost: ________ Amount Budgeted: ________ Additional Requested: ________ Future Annual Cost: ________
Purchasing Considerations (check all that apply): ? Not applicable
? Fully Article X.- and/or Consultant Selection Policy-Compliant (describe process undertaken in "Executive Summary")
? Section 2-38 Exemption from Competitive Bidding (rationale in "Executive Summary," attach documentation, as needed)
? For Technology Purchases: Vetted and Supported by the Technology Governance Committee ("Yes," if checked)
? Other (Please describe in Executive Summary)
Consistency with Vision 2028 (check all that apply): ? Not applicable
? Well-being of Residents ? Public Safety ? Disaster Prevention, Preparedness, Recovery
? Economic Development ? Infrastructure ? County Workforce
? Community Collaboration ? Business Process Efficiency ? Cl...
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