HomeMy Public PortalAboutR 00:220No. 00-220 Date el'Adoption .JULY ')7: 2000
Tax Sale Certificate
Redemption in Installments
WHEREAS, on September 29, 1999, a tax sale certificate #990093
was placed on block 251, lot 2, for property assessed to
Blacknall, Tolbert & Philacia known as 68 Union Street,
Carteret, NJ, in the amount of $1,946.01, and
WHEREAS, additional taxes, interest and costs have accrued
through August 1, 2000 in the amount of $5,627.42,
exclusive of the 2000-year taxes.
WHEREAS, the taxpayer requested payments on the tax lien be
made by installments, and
WHEREAS, N.J.S.A. 54:5-66 provides for the redemption of a tax
lien held by a municipality by installment payments.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the
Borough of Carteret, County of Middlesex, authorize the Tax
Collector to accept tax lien payments under the installment
method in the amount of $500 per month, according to the
attached schedule on or before the 1st of each month until the
municipal lien #990093 is paid in full.
BE IT FUTHER RESOLVED that all 2000 current years taxes must be
paid in full and subsequent taxes must be paid by the due date
as they become due, and, if the installment payment is
delinquent, paid after the due date, or any current tax
payments are delinquent, this installment agreement is null and
void.
Adsp~ th~s 27tlt::]~ of July, ~JCO ax]
~/f~d a~ a tm~ eop~ of the c~nal
.July 28 ~ 3/D.
KATHLEEN M. BARNEY, RMC{CMC
MUD~n{pal C/erk
COUNCILMAN
CRTI.I.EY
FAZEKAS
O'BRIEN
X - lndicale Vote
RECORD OF COUNCIL VOTE
~:i~- NO NV A.B. COUNCIl. MAN
SANTORO
SOHAYDA
AB - Absent NV - Not Vutmg
XOR - Indicalcs Vote it) Overrule Vt:R)
Adopted at a meeting t)f the Municipal Council
_JULY 27, 2000
CLERK
08~2T~15 -. Lien Redemption Work Sheet
RepoTt Selections: Block: 251 68 UNION STREET Type of Lien: Municipal
Lot: 2 RLACE~ALL, TOLBERT & PHIiACIA As of Date: 7/ 5/00
Qual: P.O. BOX 390 Include Curt Chrgs: Yes
Cert: 990093 CARTERET, NJ Percent: 18.00
Rdm Tax
De otion Date Principal Interest Penalty Penalty Total
TAX SALE PROPERTY T~ES
Subseq Property Taxes
Subseq Property Taxes
Subseq Property Taxes
Subseq Property Taxes
TOTAL PROPERTY TAXES
Prin: 1,741.50
Iht: 166.35
Cost: 38.16
09/29/99 1,946.01
268.55 38.92 (2%) 2,253.48
03/15/99 1,390.0T 326.67
09/15/99 1,390.06 201.56
08/01/99 878.81 146.76
11/01/99 878.81 107.21
6,483.76 1,050.75
38.92 (2%)
1,716.74
1,591.62
1,02§.57
986.02
7,573.43
LIEN REDEMPTION
Principal: 6,483.76
Redemption Penalty(2%): 38.92
Interest: 1,050.75
TOTAL REDEMPTION: 7,573.43
(Note: Current Charges Must be met on Municipal Liens}
Tax Certificate Installment Payment
Due Date
08/01/00
Amount Payment
Due Amount
6,483.76i 500.00
09/01/00 6,483.76 I 500.00
10/01/00 6,483.76 500.00
L 11/01/00 6,254.99 500.00
I 12/01/00
01/01/01
02/01/01
03/01/01
5,848.81 500.00
5,436.54 500.00
5,018.09 ~00.00
41593.36 500.00
04/01/01
05/01/Ol
6 0i/o'1
4,162.26
Principal Interest Total
0.00 500.00 6,483.76!
0.00 500.00 6,483.76
:~28.7~ h~1.23' ~,254.99
406.18; I 5,848.81
412.27 87.73I 5,436.54
418.45 81.55 ~
424.73 75.27
431.i0 68.90
3,724.70i
500.00 437.57 62.43
500.00
3,280.57 ! 500.00 i
07/01/01 : 2,829.78 500.00!
08/01/01 2,372.22 500.00
09/01/01 1,907.81 500.00 '
5,018.09
10/01/01 1,436.42 500.00. 478.45j 21.55] ~7.97-
11/01/01 957.97 - 500.00 485.63 j 14.37 472.34 ~
12/01/01 I 472 .34]i 479 .42. _ 472...33: 7 :09 0 : 00 :
I 8,479.42 .
4,162.26:
3,724.70
444.13 55.87 3,280.57
450.79 49.21 2,829.78
457.55 42.45 2,372.22
464.42 35.58 1,907.81
471.38' ~8.621 1,436.42