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HomeMy WebLinkAboutOrd 00180 R D I ld A N C E, N 0. An Ordinance amending Subdivision °F° of Section 3 of Ordim- ance No. i of the Town of Burlingame, and. relat-zng to the redemption of property sold for delinquent taxes, r The Board of Trustees of the Town of Burling,11ge do ordain as follows, to—^.,*it: Section "1,-- Subdivision r,F,, of Section 3 ofOrdinance No, � of the Town of .Burlingame, passed��, /�-3tit� I003, is hereby amended to read as follows:— (f) In all cases where real estate has been or may hereafter be sold for delinquent taxes to the town, and the town has not disposed of the same, the person 77110SE! estate has been or may 14XXCt hereafter be sold, his heirs, executors, ad_inistrators, or other successors in interest, shall, at amr time after the same has been sold to the town and before the town shall have disposed of the same, have the right to redeem such real estate by paying to the Treasurer of the town, the amount of taxes, penalties and costs due thereon at the time of said sale, with interest an the agsre.g— ate mount of said taxes, at the rate of seven per cent, per annum; and also all taxes that were a lien upon said real estate at the time said taxes became delinquent; and also all utr,aid taxes of everr description assessed against the property for each yr..ar since the sale;, or i' not so assesccd, then upon the value of in the year the property as assessed nearest the time of such redemption, with interest from the first d.ay of July, following each of said years, respectively, at the same .rate, to the time crf redemption; and also all costs and expenses of such redemption, and. penalties as follows, to—wit: ten per cent, if redeemed within six months from the date of .^ale; twenty per cent, if redeemed within one year therefrom; thirty per cent, if redeemed within two years I therefrom; forty per cent, if redeemed within three years forty—:Five nor cent, if redeemed within four years therefroM; and fifty (50) per cent, if redeemed within five years therefrom or any greater number of years therefrom. The penalty Mall be com— puted upon the amount of each year's taxes in like manner, reckoning from the time when the lands would have been sold for the taxes of that year, if there had boon no previous sale thereof. The Town Clerk shall, on the application of the Person desiring to redeem, make an estimate of the amount to be ,paid, and shall give him triplicate certificates of the amount, specifying the several amounts thereof, which certificates shall be delivered to the Treasurer, together with the money, and the Tre:asi.Ter shall give triplicate receipts, written or endorsed upon said certificates, to the redemptioner, who shall deliver one df saidreceipts to f the Town Clerk and redeliver one to the Town Treasurer, and may record one in the office of the County Recorder. Upon tender of the fee for acknowledgement, the Treasurer shall ac.'.rnorlec.ge either of said receipts X so as to entitle the same to be recorded. Upon the payment of the money specified in said certificate, and the giving of either of the receipts aforesaid, by the Trcasnser,D deed or certificate of sale that may have been made to the Town shall become null and void, and all right,title and interest acquired by the town, under and by virtue of the tax sale, shall cease and determine; and any record thereof shall have the some effect as that of a deed of reconveyance of the interest conveyed by such deed or certificate of sale. Section 2: This Ordinance shall be printed and posted in three public places in the Town of .Burlingame-, and shall take effect and be in force from and after its passage. i Introduced the % day of Passed and adopted as an Ordinance of the Torn of Burlin-ame at a regular meeting of/ the .Board. of Trustees of said Tov'n held this day of Igo (�, by the following vote: AYcs_ nd in off vor of the passage pf said OTd.inanes,� l ....., Trustees. o P :�!� ..�� t" :, f; �.:.�:'..:.. ........N/....... ..... .......... . ods:—�_: .... ........ Absent . r..! % ...?',r� �'i�/� ......... . Frassideni� o'the. Board of 71rustees of the Town of ;3u,rlinUame . 401erk of`the Trn�n of Burlinmame .