Resolution No. 409

Authorizing The Ulster County Commissioner Of Finance To Accept Redemption Offers Relative To Payment Of Real Property Taxes In The 2014 In Rem Foreclosure Proceeding

Resolution Information

Status: 
Adopted

RESOLUTION TEXT +-

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Referred to: The Ways and Means Committee (Chairman Gerentine and Legislators

Allen, Bartels, Belfiglio, Briggs, Maio, and Maloney)

 

Chairman of the Ways and Means Committee, Richard A. Gerentine, and Deputy

Chairman Thomas J. Briggs offer the following:

 

WHEREAS, this resolution has been submitted by the County Executive on

behalf of the Department of Finance; and

WHEREAS, the fiscal health of Ulster County is acutely affected by the non

payment and late payment of taxes, and Article 11 of the Real Property Tax Law has

been enacted to enable delinquent real property taxes be more aggressively pursued

and to encourage prompt payment of taxes; and

 WHEREAS, the enforcement of Article 11 carries a financial burden in and of

itself, in that a great number of measures are taken so that parties with an interest in

an In Rem parcel are given every opportunity to redeem; and

 WHEREAS, the time to redeem parcels in the 2014 In Rem Tax Foreclosure

proceeding will expire on February 16, 2017; and

 WHEREAS, in the interest of equity and fairness it is the primary intent of the

Legislature to collect delinquent real property taxes; now therefore, be it

 RESOVED, that the Ulster County Legislature hereby authorizes the Ulster

County Commissioner of Finance to accept monies equal to the amount due, plus

interest to the date of payment, in the 2014 In Rem Proceeding, plus an additional late

redemption fee of $100.00, pending the approval by this Legislature; and be it

further

 RESOLVED, that the Ulster County Commissioner of Finance can accept said

payments as a late redemption fee up to the date the County takes title to said

properties; and, be it further

 RESOLVED, that from the date the County takes title to said properties until

five o’clock pm Eastern Time on the Friday before the Ulster County Public

Auction, the Ulster County Commissioner of Finance can accept monies equal to the

amount due, plus interest to the date of payment, plus the aforesaid $100 redemption

fee, plus a $250.00 buy back-back fee, plus recording fees in connection with the buy

back of the property; and, be it further 

 

RESOLVED, pursuant to Article 11, Section 1125, subdivision 1 ( c ) as

amended by Chapter 415 of the laws of 2006, the Ulster County Commissioner of

Finance is authorized to add an additional $100 posting fee, if necessary; and be it

further

 RESOLVED, that the aforementioned monies held in escrow are considered

an offer of redemption, and this offer is subject to the approval of the Ulster County

Legislature in its sole and absolute discretion; and be it further

RESOLVED, that all payments must be in the form of certified check, bank

check, cash or money order;

and moves its adoption.

ADOPTED BY THE FOLLOWING VOTE:

AYES: 18 NOES: 0

(Absent: Legislators Belfiglio, Briggs, Litts,

Loughran, and Maloney)

Passed Committee: Ways and Means on September 13, 2016

FINANCIAL IMPACT:

TO BE DETERMINED 

 

STATE OF NEW YORK

 ss:

COUNTY OF ULSTER

I, the undersigned Clerk of the Legislature of the County of Ulster, hereby certify that the foregoing resolution is

the original resolution adopted by the Ulster County Legislature on the 20th Day of September in the year Two Thousand

and Sixteen, and said resolution shall remain on file in the office of said clerk.

IN WITNESS WHEREOF, I have hereunto set my hand and seal of the County of Ulster this 21st Day of

September in the year Two Thousand and Sixteen.

|s| Victoria A. Fabella

Victoria A. Fabella, Clerk

Ulster County Legislature

Submitted to the County Executive this Approved by the County Executive this

21st Day of September, 2016. 29th Day of September, 2016.

|s| Victoria A. Fabella |s| Michael P. Hein

Victoria A. Fabella, Clerk Michael P. Hein, County Executive

Ulster County Legislature 

Current Text: PDF

 

Updated: January 25, 2019