On Aug. 5, the second in a series of innovative online monthly auctions for adjudicated properties brought in over $4 million after 417 people placed more than 14,600 bids to buy all 170 properties that were for sale. In addition, 15 delinquent accounts of $525,657.11 were paid in full in the weeks leading up to the auction. Altogether, the adjudicated property auction process has so far brought in more than $8.3 million for the City of New Orleans through two auctions and is helping to revive economic activity and create a fairer tax system
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