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Little Rock board certifies municipal liens; staff explains land-bank timeline
Summary
The board approved a resolution to certify municipal liens to the Pulaski County treasurer for collection as property taxes; staff said properties become eligible for state auction after a county delinquency period (roughly two years), and that the city currently has "a little less than 50" properties in the land bank.
The Little Rock City Board on Nov. 18 approved a resolution authorizing the mayor and board to certify municipal liens on private properties so delinquent amounts can be collected via the Pulaski County treasurer as part of property-tax statements.
Director Adcock asked how many of the properties listed for certification would go to the city land bank. Staff explained the liens are forwarded to the county to collect back amounts as taxes; if owners do not pay, properties eventually transfer to the state land commissioner for auction and only then may the city obtain properties for the land bank. Staff estimated the city currently has "a little less than 50" properties in the land bank.
City staff gave an approximate timeline: properties become delinquent at the county after roughly two years, after which they may go to the state land commissioner and later be available for city acquisition. Staff said the city attorney's office and other staff have been coordinating with the state land-commission auction process to place properties into the land bank when eligible.
After the explanation, the board voted to approve the municipal-liens certification resolution.
Next steps: staff will forward the certified-liens list to the Pulaski County treasurer for collection and continue coordination with county and state offices about properties that do not satisfy liens through payment.
