3. Resolution for property tax delinquency period

SAMPLE PROPERTY TAX LETTER Notice to property owners who have delinquent property taxes: You are getting this notice because you either own or pay taxes on property in Cass County that has unpaid taxes. Under the current state law you have until October 1, 2007 to pay your 2002 taxes; October 1, 2008 to pay your 2003 taxes; October 1, 2009 to pay your 2004 taxes; October 1,2010 to pay your 2005 taxes; and October 1,2011 to pay your 2006 taxes. These unpaid taxes accrue interest at the rate of 1 % per month, or 12% per year. Starting with the 2007 taxes, the time period to pay taxes in full is being reduced from the 57 months allowed on the 2006 and earlier taxes to 33 months for 2007 and beyond taxes. This change will cause some tax payers to have to pay two years of property tax in one year during this transition period. Because of the potential hardship placed on property owners who have delinquent taxes and may be faced with having to pay two years of taxes in one year, the Cass County Commission has authorized the County Auditor and County Treasurer to abate the penalty and interest on those properties where the owner pays all delinquent taxes during a limited time period. The time period will run from August 1,2007 through October 1,2007. To take advantage of this offer, you must pay all the outstanding taxes on a property. This is a one-time limited opportunity to get out from under the burden of penalty and interest charges on delinquent taxes. You may be able to finance the delinquent taxes with your mortgage holder or local bank at a much more favorable rate than the 12% per year charged on delinquent taxes. Look at your enclosed Statement of Taxes Owing to see your potential savings! Write a check today for the discounted amount shown at the bottom of your Statement of Taxes Owing and return it with the top portion of the statement. For questions call 241-5600 or 241- 5611. Michael Montplaisir, Cass County Auditor Charlotte Sandvik, Cass County Treasurer What about credit card payments on the web? Or Discover payments at the window or by phone? J:\AUDITOR\PROPTAX\Annual Sale\SAMPLE PROPERTY TAX LETTER.doc