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Council forms ad hoc committee to rewrite tax‑acquired property policy amid spike in liens

3550920 · May 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Facing a jump in tax‑lien notices and new state guidance, the council created an ad hoc committee to rewrite Chapter 19 and explore a land‑bank approach; staff will also pursue a realtor solicitation and options for 49 Herschel Street.

Caribou — After receiving an update from staff about a large increase in tax‑lien activity, the City Council voted to form an ad hoc committee to rewrite the city’s Chapter 19 tax‑acquired property policy and to consider land‑banking and other tools to manage blighted properties.

Why it matters: City staff reported that 342 notices of lien were sent recently — roughly 102 more than last year — and councilors said the city should avoid letting tax‑acquired properties accumulate.…

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