ADOPTED - JUNE 27, 2006
Agenda Item No. 7
Introduced by the County Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION TO UTILIZE THE COUNTY’S OPTION TO ACQUIRE TAX FORECLOSED PROPERTY FOR CONVEYANCE TO THE INGHAM COUNTY LAND BANK
RESOLUTION #06-167
WHEREAS, the Ingham County Treasurer is acting as the Foreclosing Governmental Unit under PA 123 of 1999; and
WHEREAS, the Land Bank Fast Track Act, 2003 PA 258, being MCL 124.751 et seq., allowed for the establishment of the Ingham County Land Bank Fast Track Authority which, among other things, has for its purpose the assembly and clearance of title to tax reverted property in a coordinated manner; and
WHEREAS, the General Property Tax Act (PA123 of 1999), allows a county, under MCL 211.78m(1), to purchase tax foreclosed property for the minimum bid which is defined in statute; and
WHEREAS, there exist in Michigan and Ingham County a continuing need to strengthen and revitalize the economy and it is in the best interest of the State of Michigan, Ingham County, and local units of government to strategically manage tax reverted and other property to foster the development of that property and to promote economic growth in the State of Michigan, Ingham County, and local units of government; and
WHEREAS, the County Board of Commissioners wish to utilize their local option to acquire tax foreclosed property for conveyance to the Ingham County Land Bank, and deems it expedient to authorize the direct conveyance of the purchased parcels to the Land Bank.
THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes the County Treasurer, acting as the Foreclosing Governmental Unit, to accept payment of the minimum bid from the Land Bank for the properties identified in the attached list.
COUNTY SERVICES: Yeas: Schor, De Leon, Holman, Severino, Vickers
Nays: None Absent: Copedge Approved 6/20/06
FINANCE: Yeas: Hertel, Grebner, Weatherwax-Grant, Dougan
Nays: None Absent: Thomas, Dedden Approved 6/21/06
Parcel # |
Address |
buy |
Cost |
33010108483111 |
Englewood Ct |
x |
964.78 |
33010109183031 |
210 W Willow(6) |
x |
5,111.42 |
33010109278086 |
Liberty |
x |
785.71 |
33010109329211 |
309 W Grand River(6) |
x(3) |
7,451.72 |
33010109431191 |
422 Adams(6) |
x(1) |
4,123.19 |
33010109431201 |
426 Adams |
x |
696.38 |
33010110205231 |
Ohio |
x(1) |
809.57 |
33010110306271 |
N Pennsylvania |
x(4) |
1,057.19 |
33010113151023 |
3411 E Michigan(6) |
x(5) |
156,806.46 |
33010114304241 |
S Hayford |
x |
1,291.85 |
33010115353011 |
809 Bement(6) |
x |
4,597.45 |
33010115381111 |
S Holmes |
x |
1,307.67 |
33010115485171 |
1706 Elizabeth(6) |
x |
6,776.85 |
33010120136041 |
Olds |
x |
1,292.08 |
33010122205041 |
1017 S Holmes(6) |
x |
2,100.37 |
33010122283181 |
Regent |
x |
1,772.75 |
33010122304041 |
Beulah DEMO(5) |
x(1) |
1,941.44 |
33010122309241 |
Baker |
x |
2,574.91 |
33010129279062 |
S Rundle |
x |
4,131.31 |
33010135301021 |
4327 S Aurelius(6) |
x |
5,057.80 |
33010504451222 |
5926 LaPorte(6) |
x |
12,026.39 |
33010505227331 |
W Jolly |
x |
1,404.47 |
33010506226081 |
Midwood |
x |
6,286.44 |
33010506226091 |
Pleasant Grove |
x |
5,793.46 |
33010509226122 |
E Miller |
x |
2,015.23 |
33040402200015 |
4850 Lovejoy(6) |
x |
2,861.23 |
33070728400005 |
861 Waldo(6) |
x |
11,603.72 |
33090932300032 |
S Gale |
x |
2,146.41 |
33121227200004 |
M 52 |
x |
4,952.94 |
33151515151003 |
3653 Williams'n DEMO |
x |
21,143.66 |
33180701127008 |
710 E Middle(6) |
x |
9,584.99 |
33200217123005 |
1546 Cahill(6) |
x(1) |
22,719.59 |
33200218414016 |
149 Spartan(6) |
x |
10,200.86 |
33250512276009 |
3589 Creole |
x |
3,611.98 |
|
|
|
|
|
|
|
$327,002.27 |
(1) IRS lien |
|
|
|
(2) Shared drive? |
|
|
|
(3) Shared drive |
|
|
|
(4) Alley |
|
|
|
(5)100 yr fldpl |
|
|
|
(6)structure |
|
|
|
2006 FORECLOSED PARCELS