MAYOR BLOOMBERG SIGNS LEGISLATION EXTENDING THE CITY’S AUTHORITY TO SELL LIENS BASED ON DELINQUENT PROPERTY TAX, WATER AND SEWER CHARGES UNTIL 2014

March 16, 2011 – (RealEstateRama) — “The first of three bills before me today is Introductory Number 26-A, sponsored by Council Members Vann, Comrie, Brewer, James, Mark-Viverito, Arroyo, Williams, Gennaro, Ferreras, Lander, Dickens, Dilan, Gentile, Jackson, Greenfield, Barron, Sanders, Rivera, Levin, Foster, Seabrook, Rose, Eugene, Koslowitz, Chin, Gonzalez, Nelson, Reyna, Rodriguez, Van Bramer, Mealy, Mendez, Wills, Crowley, Palma, Cabrera, Vacca, Ulrich, Koo and Koppell. Introductory Number 26-A extends the City’s authority to sell liens on delinquent tax, water, and property related charges until 2014