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Treasurer cites tax-title legislation, 311 city-owned parcels and property-management strain
Summary
The treasurer told budget hearings the tax-title program is shifting after new state legislation, the city owns 311 parcels (maintains about 38) and changes could increase foreclosed property volume and management costs.
Sandy Powell, the city’s treasurer-collector, told the budget hearing the treasury department is retooling the tax-title program to comply with recent state legislation and that the volume of properties subject to tax-title processes has dropped but could rise again depending on legal interpretation.
"Currently, we have 311 parcels that are city owned. Out of that, we maintain about 38 of them," Powell said, describing the city’s use of a vendor, Whitman Properties, to perform routine maintenance on city-owned foreclosed lots and…
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