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Commission approves $118,177.58 tax-sale surplus disbursement to Bedrock Capital
Summary
The commission approved a request to disburse $118,177.58 in tax-sale surplus funds (Certificate of Purchase No. 25-21, Tax Sale No. 369), payable to Bedrock Capital 2025 LLC; staff said the homeowner refinanced and a title company issued a redemption check.
The Cass County Commission approved a request from the county collector to disburse tax-sale surplus funds tied to Certificate of Purchase No. 25-21 (Tax Sale No. 369). The record lists taxpayer Timothy Wilson and an amount of $118,177.58 payable to Bedrock Capital 2025 LLC.
Chris Mullen, the county collector, explained this was one of the larger tax-sale parcels from the prior year and that Mr. Wilson has refinanced the home. "We did receive a check from the title company and the amount given to complete the redemption," Mullen said, and he asked the commission to approve dispersal of the surplus funds.
The motion was moved, seconded and approved unanimously (3–0). The transcript supplies the certificate and tax-sale identifiers and the payout amount; it does not provide additional detail on how the surplus will be recorded in county financials.
