The Coolidge examiner., 1941-03-14

week with all legal technicalaties
cleared away to permit outright
sale by the state to any individual
sometime about the middle of May.
Under the law applying to col
lection of delinquent taxes, the
country treasurer is required every
October to advertise for sale for
the delinquent taxes all property
on which taxes are delinquent, is
suing a certificate of purchase by
the state in amount of all taxes,
interest, etc, then outstanding
When this certificate becomes five
years old. the period in which it
may be redeemed expires, the
holder. the State, may demand
that the treasurer advertise for
redemption within thirty days. and
if redemption is not made. to is
sue treasurer's deed to the pro-
perty to the State of Arizona.
After obtaining deed in the name
w the oNdlC, lLlC DOoAd vi ObPNA
visors will advertise the property
for private sale in the office OF
the Board on and after an ad-
vertised date, accepting or reject
ing private bids on the basis OF
an appraisal. Heretofore, the
Board has been putting property
up for sale only when an interest
ed party guaranteed fair mini
mum bid, and sixty days elapsed
from the time of making the agree
ments to the time when a deed
could be issued to the purchaser
Under this new procedure, an ap-
plicant can secure title to a pro
perty Immediately. The procedure
is said TO have worked well In
Maricopa. Cochise and other coun-
ties.
Advantage of the Boards old
tax sale procedure was that 1t
permitted competitive bidding for
title to a parcel of property. How
ever. hundreds of parcels from
which no tax revenue had been
derived for years remained un-
productive on the tax rolls, being
levied aginst annually, so that the
levies were deficient by the
amount of revenue anticipated
from these properties. This de-
ficiency in current revenue has
been offset by collections of de-
linquent taxes, resulting in pay
ment by conscientious taxpayers OF
taxes due from the chronic de-
lirGuents. while the delinquents
enjoyed the same governmental
benefits as the property owners
who paid.
The new procedure will remove
unproductive properties from the
rolls, so that revenue levied for
will be received rather than hoped
for by the county. 1t will facilitate
the process by which potentially
productive property can be trans
ferred from a chronically delinqu-
ent owner to a new and tax pro-
ductive ownership and will enable
owners, who through adverse cir
cumstances have become sub
merged in taxes, to buy their pro-
perty back at a fair price and
make a fresh start with their pro-
perty unencumbered by back taxes.
When property is decided by the
treasurer to the state. all taxes ana
assessments against it are auto
matically cancelled. as soon as a
deed is conveyed from the state
to private owner, property Is re-
stored to the active tax rolls Win
a clean slate. -,
AS this blanket foreclosure VIII
reduce the total valuation of the
county. the tax rate will be some
what increased next year. II is De-
lieved that much of the property
will be restored to the rolls unoer
priyate ownership before the levy
ia made. that many present owners
will redeem their property before
II is decided to the state, and tnat
property owners will be encourag-
ed in the future to pay their taxes
before delinquency occurs. Any in