A. Properties ordered foreclosed for delinquent taxes by the court generally do not legally pass into county ownership for two (2) years after judgment is rendered, during which period persons with recognized legal interests may pay all required taxes to redeem the property.
B. During the two (2) year redemption period some properties may remain vacant or undeveloped, thereby resulting in significant deterioration and loss of value for the property; contributing to the decline of neighborhoods; discouraging investment; attracting nuisances through accumulation of discarded material; and could in some instances encourage occupancy by unauthorized persons or the establishment of criminal enterprises.
C. Under ORS 312.122, counties may enact ordinances to accelerate the expiration of the two (2) year redemption period for tax foreclosed properties which suffer abandonment or waste and the conveyance of title to the county, permitting earlier county intervention to preserve the value of tax foreclosed property, enhancing recovery of delinquent taxes and protecting and preserving community interests.
D. The interests to the county, through protection of the health and welfare of its residents and preserving the value of tax foreclosed properties, requires that this chapter be enacted as an emergency measure to meet and effectively deal with the problems attendant in the foreclosure of delinquent properties. (Ord. 200, 10-9-2013)