When the redemption period has expired, and until the sale thereof, the district has the right to the possession of unredeemed parcels purchased at delinquency sale by the county treasurer as trustee for the district.
Unredeemed PropertyPossession
Section § 51750
After the deadline to redeem a property has passed, the district can take possession of properties that were not claimed and were bought at a tax delinquency sale by the county treasurer on the district's behalf.
redemption period unredeemed parcels delinquency sale
Section § 51751
This law allows the board to take legal action to protect the district's rights regarding unredeemed property parcels. The costs involved in such legal actions will be covered by the district itself, just as any other property owner might handle such costs.
The board may maintain any action for the protection of the district’s rights in the unredeemed parcels, to the same extent as any other owner and the costs and expenses of such action or actions shall be a charge against the district.
board legal action protection of rights unredeemed parcels
Section § 51752
This law allows the board to use district funds to pay off any debts or liens on a piece of property that have priority over the district's claim to the property, especially when the property's ownership has not been reclaimed.
The board may expend district funds necessary to retire liens against an unredeemed parcel superior to the title of the county treasurer as trustee for the district.
board authority district funds retire liens
Section § 51753
This law states that the board is responsible for managing and controlling unredeemed parcels that haven't been sold. The board has the authority to lease these parcels, decide on the rental terms and prices, and collect the rental payments.
The board shall manage and control, and may lease for such reasonable rental and upon such terms as it deems advisable, and receive and collect the rental for all unredeemed parcels which remain unsold.
board management unredeemed parcels unsold land
Section § 51754
The board can use money they receive from renting or leasing unsold lands for several purposes. These include paying costs related to managing these lands, handling legal charges against the district, buying back bonds issued by the district (but only for their value and interest), and covering certain maintenance costs on unsold lands bought by the county treasurer for the district.
The board may apply all rentals collected or moneys received by it from the lease of unredeemed, unsold parcels, or for the use or occupation of such parcels, to:
(a)CA Water Code § 51754(a) The payment of the incidental expenses of holding and leasing the parcels.
(b)CA Water Code § 51754(b) The payment of any other incidental expenses of, or legal charge against the district.
(c)CA Water Code § 51754(c) The purchase of outstanding district bonds matured or unmatured, with their coupons at not more than the face value of such bonds plus the accrued interest thereon.
(d)CA Water Code § 51754(d) The payment of any call of any operation and maintenance assessment on any unredeemed, unsold parcel theretofore purchased by the county treasurer as trustee for the district.
board rentals use lease unsold parcels incidental expenses payment
Section § 51755
When the board buys bonds or coupons, they must quickly hand them over to the county treasurer, who will then cancel them.
The bonds or coupons purchased by the board shall be forthwith delivered to the county treasurer and canceled.
bonds coupons county treasurer
Section § 51756
This law requires that any rent or money received from leasing certain property, which has been sold to the county treasurer acting as trustee for a district, be deposited into the district's bond fund if the district hasn't made its bond payments. However, before these funds are deposited, certain expenses are allowed to be deducted.
All rentals collected or moneys received from lease of parcels sold to the county treasurer as trustee for the district pursuant to the provisions of Chapter 4 of this part or for the use or occupation of such parcels, less the expenditures authorized by subdivisions (a) and (d) of Section 51754, shall be deposited in the county treasury to the credit of the bond fund of the district if the district is in default for interest or principal payment on any bonds issued by it.
rentals collected money received from lease county treasurer
Section § 51757
This law says that any money made from leasing or using a property, after taking out expenses for managing the lease, should be used to offset any unpaid charges against that property. This process is managed by the county treasurer.
An amount equal to the revenues derived from each parcel by reason of the leasing, use or occupation thereof, less the incidental expenses of leasing and holding same, shall be credited by the county treasurer on the assessment lists against the delinquent charges on the parcel.
leasing revenue property income delinquent charges
