HomeMy WebLinkAboutCOM 0851.001 1996-1998
13
-...:-,g
lin;L
112-
1 ..11,- fs61Oi3i. ~B. %61.01
Me No.- 0 L ' F
ktef. ?o:.._
def. Gste_'JUN 0 2 k199d
a N
PACIFIC-HAWAIIAN CONSULTANTS, INC.--
1111 Piikoi St:j, gK'c0
Honolulu, HI 96814
(808)593-8183,-
May
26, 1995
To: County of Hawaii Councilmembers
Re: Tar; delinquent prnpertir5
Dear Councilmembers:
I recently inquired of the Property Tax Office concerning
the sale of properties that are delinquent on property tax
payments. To my surprise, these properties must be sold
at auction, and cannot be sold "over the counter", even if
they failed to sell at auction.
I am familiar with the tax sales conducted in Texas, and
feel that the procedure they use there would be of benefit
to Hawaii. In Texas, if a property fails to sell at
auction, the taxing authority may sell the property for
the "upset price" (the delinquent taxes, plus penalties
and fees) to any legitimate buyer at any time following
the auction. This allows additional possibilities for
bringing in needed funds to the taxing authority, and
still provides the safeguard for the delinquent taxpayer
of offering the property at auction first.
The Tax official stated that in order to offer delinquent
properties "over the counter", new legal authority would
need to be forthcoming from the County Council. I
therefore wanted to write to you and recommend
consideration of such an additinnal means of sale of such
properties, especially since it would bring in the
delinquent taxes.
Please give consideration to this suggestion, and advise
me if this new means of purchasing such properties is
indeed instituted. I believe I would be a buyer under
such circumstances, whereas it is hard for me to always be
able to attend the auction with sufficient funds and
sufficient "due diligence" to bid on such properties.
Thank you in advance for your consideration of thi,7
suggestion.
Sincerely,
9W'~
Richard C. Stancliff, Pres.