2001 - 05-21-01 Regular Meeting - Laserfiche WebLink

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01.'7 BUU IS PACE 42,02 3. The County will provide to the Municipality a scroll after each applicable running of bills that shows the number of bills prepared. A separate bill will be prepared showing the amount due to the County. The Municipality shall remit payment to the County within thirty (30) days of receipt of such billing report. 4. The County Tax Collector shall have complete responsibility for the collection of current and delinquent ad valorem property taxes and delinquent special assessments for the Municipality. The County Tax Collector will exercise the general duties on behalf of the municipality as set forth in North Carolina General Statute §105- 350, General Duties of Tax Collector, and further have the right to use all remedies as set forth in Articles 10 and 26 of Chapter 105 of the General Statutes of North Carolina. 5. When real property is sold at foreclosure sales for the collection of ad valorem taxes, County agrees to use reasonable efforts to assure that the opening bid is sufficient to pay both the Municipal and County ad valorem property taxes, including taxes, penalties, interest, and such cost as accrued prior to the institution of the foreclosure action. In the event the property is sold for an amount not sufficient to satisfy both the Municipal and County taxes, including penalties, interest, and cost, the money shall be distributed as follows: The County shall first be reimbursed for actual expenses and disbursements made by it in connection with foreclosure action, including cost of advertising, legal fees, and other necessary legal expenses, and any balance remaining afler the payment of these expenses shall be distributed to the County and Municipality in proportion of their respective interests. In the event that the County shall become the purchaser at the foreclosure sale, the property shall be held and disposed of pursuant to North Carolina General Statute §105- 376(b). 6. The Municipality agrees that the County Tax Collector shall be authorized to use all lawful means to collect the ad valorem property taxes on behalf of the Municipality. The Municipality agrees to extend full cooperation from its officials, agents, and employees in the collection of these taxes and further agrees to take no action on behalf of any municipal taxpayer that is influenced by personal or political friendships or obligations. 7. The County agrees that in collecting ad valorem taxes for the Municipality, pursuant to North Carolina General Statute 105-354, that these taxes shall be treated in the same manner as taxes of the County. The Tax Collector agrees as to these taxes to follow all procedures as set forth in Article 26, Collection and Foreclosure of Taxes, for the delivery of receipts, releases, and prepayment. The County Tax Administrator will provide to the County Finance Director by 10:00 a.m. each day a report showing the prior day's collections for the Municipality and its Central Business District. The collections will include all taxes and garbage fees. The County Finance 2