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Open Bidding For Delinquent Tax Lien Sales
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SCHENECTADY
City seeks state nod for tax lien open bids

BY KATHLEEN MOORE Gazette Reporter

    The state may finally let Schenectady use an open bidding process for its delinquent tax lien sales — but just once.
    After a battle with a Democratic-controlled Assembly committee, Republican Assemblyman George Amedore has managed to get Schenectady’s tax lien request to the fl oor.
    Sen. High Farley, R-Niskayuna, is also sponsoring the city’s request in the Senate. Both houses may vote by Tuesday, when they intend to recess.
    The legislation could bring millions of dollars to Schenectady. Currently, under the state’s rules, Schenectady is stuck with American Tax Funding, which is offering less and less for the city’s liens each year. Liens represent the dollar value of taxes that property owners refuse to pay. ...............>>>>..................>>>>.................http://www.dailygazette.net/De.....r01903&AppName=1
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