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HomeMy WebLinkAbout05-033~~r ~~ ~r~ i:~ ~ Y c ~. ., CQUi~+1TV Qt* ®.UTTE,, STATE aF` C~ALIFQIRtNIA ~-,: .• ~ry ~:.~,..,.~~ Rc~solufion No. 05-033 A RESOLl1'CION OF THE BOARD OF SUPERVISORS OF THE COl1NTY OF BUTTE TO APPLY FIVE-YEAR TIME PERIOD FOR TAX-DEFAULTED NON-RESIDENTIAL COMMERCIAL PROPERTY WHEREAS. Assembly Bill 2144, which became effective January 1, 200.5, amends California Revenue and Taxation Code Section 3691 and will require the County Tax Collector to attempt to sell tax-defaulted Non-residential Commercial Property at Public Auction within 3 years after the property becomes tax-defaulted; and WHEREAS, the current tax-defaulted time period for all property is five years and this new legislation will create asplit-roll for commercial properties in redemption; and WHEREAS, this new tax-defaulted requirement will require extensive enhancements and improvement to the current property tax computer system and added expense to the County's General Fund; and WHEREAS, the current property tax rolls do not identify residential and commercial properties and the Assessor's Roll would have to be enhanced to provide this information to the Tax Collector; and WHEREAS, Assembly Bill 2144 allows a County to elect by Ordinance or Resolution to have the five-year time period to continue to be applied to Tax-defaulted Nonresidential Commercial Property; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF THE COUNTY OF BUTTE AS FOLLOWS: Section l . The above recitals are true and correct. Section Z. The Board hereby approves the continuation of the five-year period for tax-defaulted Nonresidential Commercial Property in accordance with California Revenue and Taxation Code Section 3691 (B). PASSED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, on March 1, 2005 by the following vote: AYES: Supervisors Connelly, Dolan, Houx, Josiassen and Chair Yamaguchi NOES: None ABSENT: None NOT VOTING: None r Kim K Yamaguchi, Chair of the Butte County Board of Supervisors 7 1 ~ ATTE~T~ ~~,~2~J Paul Mclntq~7i, Chief Ad inistrative Officer and Clerk bf the Board of Supervisors