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11. The Board of Commissioners and the City Council shall make a final <br />decision within thirty (30) days after the date of the regular session on which the final <br />qualifying offer is listed on the agenda for consideration. Failure to act on said offer <br />within said period shall constitute a rejection and the deposit shall be returned to the last <br />and highest bidder. <br />12. The Board of Commissioners or the City Council may at any time reject <br />any and all offers. <br />13. If the sale is completed the funds received shall be applied as follows: first <br />to defray any cost of sale not covered by the deposit received for such purpose; second, to <br />pay each governmental unit the amount of outstanding taxes which made up its share of <br />the bid or purchase price for the property, third, to pay each governmental unit the <br />percentage of any remaining funds that its current tax rate bears to the total of the current <br />tax rates for both units of government. <br />o" CARWNA. ME CM ~7 By <br />a se ee%t tot tetibtr fL~:L--~a'L: 0~° <br />„m z <br />Me rat d in <br />N.1116 w TTnxnaa. Re916W 01000" <br />