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HomeMy Public PortalAboutr 16-150No. 16 -150 Date of Adeption 1 8, 2016 AUTHORIZING AN ELECTRONIC TAX SALE I WHEREAS, NJSA 54:5 -19.1 authorizes electronic tax sales pursuant to rules and regulations to be promulgated by the Director of the Division of Local Government Services, WHEREAS, the Director of the Division of Local Government Services has promulgated rules and regulations for pilot programs, and WHEREAS, the Director of the Division of Local Government Services has approved NJ Tax Lien Investors /Real Auction.com to conduct pilot programs, and WHEREAS, the rules and regulations authorize a municipality to submit an application for participation in the pilot program for an electronic tax sale, and WHEREAS, an electronic tax sale is innovative and provides a greater pool of potential lien buyers, thus creating the environment for a more complete tax sale process, and WHEREAS, the Borough of Carteret wishes to participate in the pilot program for an electronic tax sale. NOW, THEREFORE, BE IT RESOLVED, by the governing body of the Borough of Carteret, New Jersey, that the Tax Collector is hereby authorized to complete an application to participate in the electronic tax sale program and submit same to the Director of the Division of Local Government Services. Adopted this 18th dau of August, 2016 and certified as a true copy of the original on August 19, 2016. LINDA A. RIVERA, Assistant Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES YO NY A.B. COUNCILMAN YES NO NV A.B. BEIM X X Diaz X X DI ASQ0 X X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council August 18, 2016 L , CLERK