Enrolled Senate Bill (S)

DIGEST

Local redevelopment. Provides that a redevelopment commission may purchase property that is for sale at an auction or that has a purchase price of not more than $25,000 without first obtaining two independent appraisals. Provides that a redevelopment commission may purchase property that is blighted, unsafe, abandoned, foreclosed, or structurally damaged. Repeals the tax sale blight registry, and makes conforming amendments. Amends the homeowner protection unit account statute to recognize that certain court fees are deposited under current law in that account. Local redevelopment. Provides that a redevelopment commission may purchase property that is for sale at an auction or that has a purchase price of not more than $25,000 without first obtaining two independent appraisals. Provides that a redevelopment commission may purchase property that is blighted, unsafe, abandoned, foreclosed, or structurally damaged. Repeals the tax sale blight registry, and makes conforming amendments. Amends the homeowner protection unit account statute to recognize that certain court fees are deposited under current law in that account.