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Consideration of Settlement Offer to Compromise Outstanding Civil Restitution Lien Order Filed Against Anthony Stephen Gotts
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BRIEF OVERVIEW
On December 5, 2011, a Civil Restitution Lien Order was recorded in Book 2865, Page 1201 of the Official Records of Hernando County, Florida against Anthony Stephen Gotts. Said lien was in the amount of $15,000.00 and has been accruing judgment interest pursuant to Florida law since that time.
On November 18, 2022, Mr. Gotts proposed paying the principal amount of the lien in full as one lump sum in exchange for the Board’s waiver of the interest due on the principal of the lien.
Should the Board vote to accept the offer, the Clerk’s Finance Division will accept the $15,000 to pay the principal amount of the lien. Finance will then issue Mr. Gotts a United States Internal Revenue Service Form 1099 in the amount of the total interest that would be forgiven by the Board ($7,966.34 as of January 24, 2023). Once the lien is paid and a 1099 has been issued, the County Attorney’s Office will record the attached satisfaction of the lien.
Neither the Board nor staff will need to take any further action if the Board votes to decline Mr. Gotts’s settlement offer.
FINANCIAL IMPACT
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LEGAL NOTE
The Board is authorized to proceed in accordance with Chapter 125, Florida Statutes.
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RECOMMENDATION
The County Attorney’s Office makes no recommendation. This agenda item presents purely a public policy issue and the Board should determine whether or not it wishes to accept the settlement offer with the terms outlined above.