Subject:
Title
Conveyance of property acquired by tax escheatment deed to municipalities; City of Palm Bay (District 3).
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Fiscal Impact:
Recording fees estimated at less than $75.00 total for all three documents
Dept/Office:
Central Services
Requested Action:
Recommendation
It is requested the Board of County Commissioners:
- Adopt a resolution pursuant to Section 125.38, Florida Statutes to convey property acquired by tax escheatment deed to the jurisdictional municipality as required by Section 197.592(3), Florida Statutes; and
- Authorize the Chair to execute county deeds to convey property acquired by tax escheatment deed to the jurisdictional municipality as required by Section 197.592(3), Florida Statutes, upon review and approval by the County Attorney’s Office.
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Summary Explanation and Background:
The Clerk periodically conveys property to the County via tax certificate escheatment deed pursuant to the tax certificate / tax deed sale procedures set forth in Chapter 197, Florida Statutes. When property located within municipal boundaries escheats to the County for nonpayment of taxes, the County is mandated to convey the property to the municipality unless the Board sells it back to the prior owner or has a designated use for the property. Section 197.592(3), Florida Statutes.
Two such properties have been identified for mandatory conveyance to the applicable municipality. Staff has reviewed each property and determined there is no designated county use for any parcels. There are no petitions from prior record owners to repurchase the properties pursuant to Section 197.592(1) and (2), Florida Statutes.
The first property is located at 2590 Southover Drive NE Palm Bay, FL 32905 This parcel on Southover Drive has an assessed value (as assessed by the Brevard County Property Appraiser) of $6,250 and is 0.17 acres in size.
The second property does not have an assigned addressed. The land description states the parcel is Port Malabar Unit 40 Tract A. This parcel has an assessed value (as assessed by the Brevard County Property Appraiser) of $7,780 and is 0.17 acres in size.
Clerk to the Board Instructions:
Please return executed originals to Asset Management for recording.