§ 9550 Drainage District Property Acquisition

• •If no one bids on a piece of land at a sale for unpaid taxes, the county treasurer has to buy it.
• •The county treasurer buys the land for the amount of unpaid taxes plus a penalty.
• •The land is then sold to the drainage district for the same amount.

Imagine a piece of land has unpaid taxes of $1,000 and a penalty of $100. At the sale, no one bids on this land.

The county treasurer will buy the land for $1,100 (the unpaid taxes plus the penalty) and then sell it to the drainage district for the same amount.