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Council narrows tax-sale changes: removes online sale phase for now and limits purchases to 10 properties per owner
Summary
The council substituted language in a tax-sale ordinance to remove the immediate online-sale change and retain a new cap preventing any single individual or LLC from buying more than 10 properties at a tax sale; staff will meet with the tax collector to refine enforcement language related to shell companies and notification procedures.
The Providence City Council approved a substitution to a proposed tax-sale ordinance that removes an immediate shift back to exclusively in-person tax sales and retains a provision limiting any single individual or LLC from acquiring more than 10 properties at a tax sale.
Adam, a member of the policy team, said the substitution was made to allow time for the tax collector to weigh in and because the tax-sales process is imminent. “The substitution removes the…
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