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The Orange County funds, managed by Citron, were worth $8 billion. [7] However, Citron went out to the repo market and leveraged the County Pools to amounts ranging from 158% to over 292%. To obtain this degree of leverage, he used treasury bonds as collateral. Profits of the fund were excessive for a period of time and Citron resorted to ...
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
In June 1893, the county purchased a site for a new permanent courthouse from Spurgeon for US$8,000 (equivalent to $270,000 in 2023), in the block bounded by Sixth, Church, West, and Sycamore (now Santa Ana Blvd, Civic Center Dr, Broadway, and Sycamore, respectively); however, the first building erected on this site was the county jail, completed in 1897.
Orange County is suing a nonprofit group and the daughter of one of its own supervisors, accusing them of taking millions of dollars in county contracts and "brazenly plunder[ing] these funds for ...
The Orange County Plain Dealer (January 1898 to May 8, 1925), was a mostly Anaheim-based newspaper, and successor to The Independent, bought by James E. Valjean, a Republican and edited by him, a former editor of the Portsmouth Blade (Ohio). [222] [223] Other newspapers were: Anaheim Daily Herald, Anaheim Gazette, Anaheim Bulletin. [224]
An Orange County man who fraudulently obtained $5 million in pandemic relief loans and then spent the money on lavish vacations, luxury sports cars and his own personal expenses was sentenced ...