The designated public officer, or such other public officer designated
or appointed by the Mayor and approved by Borough Council, pursuant
to N.J.S.A. 40:48-2.5, shall establish the abandoned property list
and any additions or deletions thereto by authorizing the publication
of the list in the official newspaper of the Borough of Buena, which
publication shall constitute public notice, and, within 10 days after
publication, shall send a notice, by certified mall, return receipt
requested and by regular mall, to the owner of record of every property
included on the list. The published and mailed notices shall identify
the property determined to be abandoned, setting forth the owner of
record, if known, the tax lot and block number and street address.
The designated public officer, or such other public officer designated
or appointed by the Mayor pursuant to N.J.S.A. 40:48-2.5, in consultation
with the Tax Collector, shall also send out a notice by regular mail
to any mortgagee, servicing organization, or property tax processing
organization that receives a duplicate copy of the tax bill pursuant
to N.J.S.A. 54:4-64(d). When the owner of record is not known for
a particular property and cannot be ascertained by the exercise of
reasonable diligence by the Tax Collector, notice shall not be mailed
but instead shall be posted on the property in the manner as provided
In N.J.S.A. 40:48-2.7. The mailed notice shall indicate the factual
basis for the finding of the designated public officer, or such other
public officer designated or appointed by the Mayor pursuant to N.J.S.A.
40:48-2.5, that the property is abandoned property as that term is
defined herein and in N.J.S.A. 55:19-54, and shall specify the information
relied upon in making such finding. In all cases, a copy of the mailed
or posted notice shall also be filed by the designated public officer,
or such other public officer designated or appointed by the Mayor
pursuant to N.J.S.A. 40:48-2.5, in the Office of the Atlantic County
Clerk. This filing shall have the same force and effect as a formal
notice under N.J.S.A. 2A:15-6. The notice shall be captioned with
the name of the Borough of Buena as "plaintiff' and the name
of the property owner as "defendant," as though an action had been
commenced by the Borough against the owner.