5003-S AMH FIN H3114.1

SSB 5003 - H COMM AMD ADOPTED 4-9-97

By Committee on Finance

    On page 1, after line 13, insert the following:

    "Sec. 2.  RCW 84.64.320 and 1993 c 310 s 2 are each amended to read as follows:

    The county legislative authority may dispose of tax foreclosed property by private negotiation, without a call for bids, for not less than the principal amount of the unpaid taxes in any of the following cases:  (1) When the sale is to any governmental agency and for public purposes; (2) when the county legislative authority determines that it is not practical to build on the property due to the physical characteristics of the property or legal restrictions on construction activities on the property; ((or)) (3) when the property has an assessed value of less than five hundred dollars and the property is sold to an adjoining landowner; or (4) when no acceptable bids were received at the attempted public auction of the property, if the sale is made within six months from the date of the attempted public auction."

    Renumber the remaining section consecutively and correct the title.

EFFECT:  Allows counties to sell properties worth less than $500 to adjoining landowners for an amount to be negotiated.

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