3. Sale/tax forfeited lots appraised

CASS COUNIY GOVERNMENT ..I.. Auditor Michael Montiplaisir, CPA 701-241-5601 Treasurer Charlotte Sandvik 701-241-5611 Director of Equalization Frank Klein 701-241-5616 Box 2806 211 Ninth Street South Fargo, North Dakota 58103 Fax 701-241-5728 www.casscountygov.com September 23, 2005 RECEIVED SEP 2 3 2005 Board of County Commissioners Cass County Government 211 9th St. S Fargo ND 58103 CASS COUNTY COMMISSION Re: Appraisal of Forfeited Property Dear Commissioners: Annually you are charged with setting the minimum sales price for property that has been forfeited to the county for non payment of tax. This list shows the properties that as of the above date still have 2000 taxes owing, some of these properties will be paid by October 3rd and we will provide a new list on that date. In addition, the present list does not show the minimum sales price recommended by the County Auditor and County Director of Equalization - those values will be filled in on the list you receive on October 3rd. The minimum sales price generally must be set for at least as much as the estimated taxes, specials, penalties, interest, and costs from the 2000 through the 2005 taxes. In some cases, we may recommend a lower minimum sales price due to the condition of the property. In most cases we will make a recommendation at a discounted fair market value. We discount the market value based on the county issuing a deed that transfers our interest in the property, not necessarily clear title. One the minimum sales price is set, we will send a letter to the city auditors and township clerks where property is located informing them of the minimum sales price and of the hearing date and time on the minimum sales price. Property owners have until the auction date to redeem their property by paying the total of taxes, interest, penalties, and costs for the 2000 through 2004 taxes before the auction date. The public auction under state law is set for the third Tuesday in November, which this year is November 15th. \'ii!;~~~. Michael Montplaisir County Auditor SUGGESTED MOTION: Move to set the minimum sales price as recommended by the County Auditor and County Director of Equalization. Or Move to set the minimum sales price as recommended by the County Auditor and County Director of Equalization with the following exceptions.