Wednesday, June 29, 2011

Polk County Tax Sale

The Renaissance Des Moines Savery Hotel was one of the properties on the block at this weeks annual Polk County tax sale. The Savery’s unpaid bill of $172,489 was one of the largest outstanding balances. The County's owed over $6.5-million in overdue taxes. The Des Moines Register reports each of the 3,000 tax certificates bought to Monday's auction entitles the holder to take the title after two years if the owner hasn’t paid him or her back. No word on who bought the Savery certificate.

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