Section 5. Disposition of Tax Title Property
Section 5. Disposition of Tax Title Property (a) Prior to disposition of any property held by the Town under tax title, either by assignment of such tax title or sale, (except to allow redemption as provided by law), the Town Treasurer or Tax Collector, as the case may be, shall submit a written report to the Finance Committee, Conservation Commission and the Planning Board, indicating the land area, location and general description of the property in question, the amount of back taxes owing, the name and address of the record owner, and the proposed disposition. 88 (b) Within forty-five days after receipt of said report, the Finance Committee, Conservation Commission and Planning Board shall determine whether the best interests of the Town will be served by (a) Assignment of the Town's tax title; (b) Sale of the property at public auction; or (c) Retention of the property by the Town, through foreclosure of its tax title. The Finance Committee, Conservation Commission and Planning Board shall make their recommendations in writing to the Town Treasurer. (c) Upon receipt of said reports, or at the expiration of said 45 days, the Treasurer or Tax Collector may dispose of such property in accordance with the provisions of M.G.L., Chapter 60, as amended.