Almost 96 timeshare units owned privately in San Francisco stand to be sold publicly in a bid by the city's officials to deal with tax delinquents. More than 100 owners of private properties across the city were put on a list and were given notices last May 27, 2010, by the treasurer's office informing them of the city government's decision.

Now, the San Francisco Board of Supervisors Budget and Finance Committee will convene to discuss possible authorization of a public auction in order to sell around a total of 117 privately-owned properties. Officials say that the properties will likely be sold at minimum bid level in order to make up for delinquent fees and taxes the owner's owe to the city government.

Meanwhile, there is a proposed silver lining to benefit private property owners. In the case that the properties should command amounts that are higher than the minimum bid, the money in excess will be handed over to its soon-to-be former owners.