Asbury Park
NJ

Resolution
2020-84

Resolution Authorizing Cancellation and Refund of Tax Sale Certificate #19-00210
due to Tax Overbill Block 3705 Lot 10.47 Qual. C0021

Information

Department:Tax CollectorSponsors:
Category:Tax Department

Body

WHEREAS, Certificate of Sale #19-00210 was issued to SB Muni Cust % LB-Honey Badger for delinquent taxes on Block 3705 Lot 10.47 Qual. C0021 commonly known as 1706 Park Ave, Unit PU21, at a Tax Sale held on December 19, 2019; and

 

WHEREAS, by the way of evidence that there was an overbill on 2019 taxes in the amount of $89.10 on the third and fourth quarters; and

 

WHEREAS, Tax Collector requests to cancel tax sale certificate #19-00210 that was issued to SB Muni Cust % LB-Honey Badger for delinquent taxes on said parcel due to erroneous delinquency amount of said tax sale certificate; and

 

WHEREAS, the refund shall be the certificate and subsequent amount at the interest rate pursuant to R4:42-11 (s) (ii) of 2.5%; and

 

      WHEREAS, the Lien Holder is entitled to legal interest as follows;

 

SB Muni Cust % LB-Honey Badger                                   

154.10                                        Paid 12/19/19

   3.85  (2.5%)                               R 4:42-11(a)(ii)

      .00  (4.5%)                               R.4-42-11(a)(iii)

  52.00                                             Recording fee

      .00                                              Subsequent tax

500.00                                          Premium

 

$709.95                                     Total Refund

 

WHEREAS, Tax Collector requests to refund tax sale certificate #19-00210 in the amount of $709.95 to SB Muni Cust % LB-Honey Badger and change lien account status to canceled; and

 

NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Asbury Park; hereby authorized the Tax Collector to cancel and refund tax sale certificate #19-00210 in the amount of $709.95 to SB Muni Cust % LB-Honey Badger and change lien account status to canceled.