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Items No. I I <br />TO: Mayor& City Council <br />FROM: John Godwin, City Manager <br />SUBJECT: PRIVATE TAX RE -SALES <br />DATE: February 21, 2018 <br />BACKGROUND: Through a previously rarely used provision of state law, The Pounders, Law <br />Firm has arranged for the private sale of six tax delinquent properties that failed to get bids <br />during previous public tax sales. <br />STATUS OF ISSUE: The twenty-three trustee tax properties will be sold to multiple persons for <br />a total of $4,250.00 This sale will move six properties frorn the city's care to private <br />ri,iaintenance, and at the sarne time place them back on tax rolls. <br />BUDGET: The city will receive unbudgeted revenue of $4,250.00. <br />RECOMMENDATION: Approve Resolution Approving the Private Re -Sale of Multiple Tracts <br />of Bid -Off Tax Foreclosed Properties. <br />