LAKE CHARLES NORTH REDEVELOPMENT AUTHORITY LEADING EFFORT TO PUT ADJUDICATED PROPERTIES BACK ON THE TAX ROLLS

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Lake Charles, LA (Oct. 6, 2016) – The Lake Charles North Redevelopment Authority (LCNRA) has initiated the process of online adjudicated property auctions through CivicSource, a leading auctioneer of tax-distressed real estate. The goal of these property auctions is to achieve multiple objectives including, the placement of adjudicated properties back into commerce, the reduction of blight, to offer the opportunity of property ownership in North Lake Charles to residents, and to give original property owners a chance to settle their outstanding tax bills and redeem their properties.