[Adopted 7-13-1982 by L.L. No. 1-1982]
Whenever the Town of Mount Pleasant shall become vested with the title to real property by virtue of a foreclosure proceeding brought to enforce the lien of unpaid real property tax or taxes, the Town of Mount Pleasant may sell and convey the real property so acquired.
It shall be in the sole discretion of the Town Board of the Town of Mount Pleasant to sell and convey such real property by either a private or public sale. In the event of a public sale, the Town shall advertise for bids.
The Town Board of the Town of Mount Pleasant shall establish the minimum price and term of sale for which the real property will be sold, taking into consideration inter alia the amount of unpaid taxes, the interest accrued thereon, the cost of foreclosure and the benefit to the Town of Mount Pleasant of restoring the real property to the tax rolls.
No such sale shall be effective unless and until such sale shall have been approved and confirmed by a majority vote of the Town Board of the Town of Mount Pleasant.
[Added 12-13-2011 by L.L. No. 3-2011; amended 2-9-2016 by L.L. No. 3-2016]
The fee of $750 is the charge for each parcel involving delinquent taxes.