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