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Putnam County Legislature

Laws & Notices

Local Law No 8 of 2016 AMEND SECTION 31-8(B)(2)(e) OF THE PUTNAM COUNTY CODE ENTITLED “PRIVATE SALE”

06 December 2016

Local Law #8 of 2016
(Passed at December 6, 2016 Full Meeting)
RESOLUTION #246
APPROVAL/ LOCAL LAW TO AMEND SECTION 31-8(B)(2)(e) OF THE PUTNAM COUNTY
CODE ENTITLED “PRIVATE SALE”
Be it enacted by the County Legislature of the Count of Putnam as follows:
Section 1:
Putnam County Code Section 31-8(B)(2)(e) is hereby amended to read as follows:
(e) Sale of property where it has first been determined by the Legislature that is would be
most financially advantageous to the County to offer said property for sale through the
applicable multiple listing service by utilizing the services of a licensed real estate
broker, selected in accordance with the applicable provisions of Chapter 140 of the
Putnam County Code. The initial offer amount shall be determined by the Enforcing
Officer, based upon a certified appraisal and/or a comparative market analysis, and with
the advice and recommendation of the County Attorney, the Director of Real Property
Tax Services, and the licensed real estate broker so retained and approved by the
Legislature. Any/ all subsequent modifications to the offer amount shall thereafter be
determined by the Enforcing Officer based upon the advice and recommendation of the
licensed real estate broker so retained and approved by the Physical Services Committee
of the Putnam County Legislature which shall inform other members of the Legislature of
the modification. In the event that the property so listed in the multiple listing services
does not sell within one year of its listing then the property shall be sold at public
auction pursuant to Section 31-8(A)(1) of the Putnam County Code unless the Legislature
extends the period of listing.
Section 2:
This local law shall be effective immediately.