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Limestone County approves reoffering two tax-trust properties at reduced prices to recover unpaid taxes
Summary
County commissioners approved a request from an attorney for authority to reoffer two tax-trust properties at reduced prices to recover unpaid taxes after previous sales failed; one property’s appraisal was described as substantially higher than market value and the attorney warned unsold properties would remain exempt for another year.
An attorney addressing the Limestone County Commission described two tax-trust properties and asked the commission for authority to reoffer them at lower prices to recover unpaid property taxes.
The attorney (Speaker 3) said one property was previously offered at $59,000 but is “severely overvalued by the appraisal district,” citing appraisal figures in the transcript in the $251,000–$257,000 range for the combined building and land. He…
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