county improvement
districts; assessment lien
(now: tax lien foreclosures; revisions)
DP |
Committee on Counties & Municipalities |
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DPA S/E |
Committee on Counties & Municipalities |
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DPA |
Caucus and COW |
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X |
As Transmitted to the Governor |
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HB 2294 stipulates that the sale of a real property tax lien, the foreclosure of the right to redeem, or the issuance of a treasurer’s deed does not eliminate any lien for an assessment imposed by prescribed improvement districts.
Arizona Revised Statutes (A.R.S.) Title 48, Chapter 6, Article 1, allows for the formation of county improvement districts. These districts may be formed for the purpose of constructing and operating a wastewater treatment facility and making various other local improvements or acquisitions. Upon approval by the owners of property in a county improvement district, the district may impose special assessments on such property in order to fulfill its obligations. Should a resident fail to pay this assessment, a lien would then be placed on the resident’s property. HB 2294 provides that when property with a lien for a special assessment is sold, the lien is not extinguished.
Provision
· Stipulates that the sale of a real property tax lien, the foreclosure of the right to redeem, and the issuance of a treasurer’s deed do not eliminate any lien for an assessment imposed by prescribed improvement districts.
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45th Legislature
First Regular Session 2 April 30,
2001
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