Madison County has been removed from a class action lawsuit on behalf of the victims of a rigged tax sale conducted by former county treasurer Fred Bathon. County Board Chairman Alan Dunstan is applauding the decision, telling The Big Z county taxpayers shouldn't be held responsible for the actions of Bathon and his cronies.
Click here for Dunstan's comments
Madison County Treasurer Kurt Prenzler has previously stated the county should also be held liable in the suit. It was revealed in court that for tax sales conducted between 2005 and 2008, Bathon structured delinquent property tax sales in such a way that eliminated competitive bidding and allowed the tax buyers to engage in price fixing by only bidding the statutory maximum interest rate of 18%.